Suburb Profile Report for Blackmans Bay TAS (7052)

Blackmans Bay House: Median price $445,000, Annual capital growth 3.20%, Number of sales 137, Weekly median advertised rent $400

Blackmans Bay Unit: Median price $319,500, Annual capital growth 4.21%, Number of sales 52, Weekly median advertised rent $310

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Blackmans Bay has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.95%

While Blackmans Bay,7052 ranked number 70th in TAS for increase in median house value (annualised) increase, it is ranked 67th over the last 5 years.

Blackmans Bay7052 is located in TAS which offers an average discount of -7.01% to property investors. Blackmans Bay itself is showing figures that indicate -4.80% is the average achievable by property buyers investing in the suburb.

Blackmans Bay is 107th on a list of best yielding suburbs for rents in TAS with a 4.67% return

TAS has seen average median house prices change by 2.96% which means that Blackmans Bay, 7052 has done well for property investors by showing a capital gain of 3.06% over the last year

Over the longer term, Blackmans Bay has seen property prices show investors a 0.79% return over the last 3 years. This is an improvement over the last 12 months

Property buyers and investors in Blackmans Bay 7052 should be seeing an average reduction in asking price of around -4.54% . This means that Blackmans Bay is holding prices well when compared to other suburbs in TAS.

Residents and property investors in Blackmans Bay have been waiting around 65.45 days to sell a property.

With the median price for a house in Blackmans Bay being $319500 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.05%

HOUSE UNIT
$445,000 $319,500
1.14% -7.39%
5.95% 3.06%
3.20% 4.21%
$400 $310
137 52
4.67% 5.05%
50.76 65.45

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
Find a mortgage broker in Blackmans Bay TAS
Demographics
Total population 6728
Median household income ($/weekly) 1285
Median age of persons 41
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 876 13.0
    35-44 years 873 13.0
    45-54 years 1052 15.6
    55-64 years 984 14.6
    65-74 years 615 9.1
    Others 2328 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 2736 54.6
    Not Married 1856 37.0
    Defacto Relationship 420 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5421 82.7
    New Zealand 81 1.2
    South Africa 76 1.2
    United Kingdom 522 8.0
    Other 121 1.8
    Others 334 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 0.7
    Christianity 4211 67.2
    Judaism 14 0.2
    Other Religious Groups 30 0.5
    No Religion 1946 31.1
    Others 23 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 236 10.4
    $600-$799 225 9.9
    $1,000-$1,249 243 10.7
    $1,500-$1,999 308 13.6
    $2,000-$2,499 235 10.4
    Others 1021 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1901 35.7
    Not in the labour force 1770 33.2
    Employed, worked part-time 1282 24.1
    Employed, away from work 216 4.1
    Unemployed, looking for work 157 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 463 13.6
    Professionals 813 23.9
    Technicians & trades workers 448 13.2
    Clerical & administrative workers 578 17.0
    Sales 382 11.2
    Others 715 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 48 3.0
    Infants/Primary 631 38.9
    Secondary 473 29.2
    Technical or Further Educational Institution 160 9.9
    University or other Tertiary Institutions 274 16.9
    Others 36 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5828 91.5
    Flat, unit or apartment 342 5.4
    Semi-detached, row or terrace house, townhouse 195 3.1
    Improvised home, tent, sleepers out 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1040 41.9
    Being purchased 948 38.2
    Rented 485 19.5
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals