Suburb Profile Report for Huonville TAS (7109)

Huonville House: Median price $312,500, Annual capital growth 3.11%, Number of sales 56, Weekly median advertised rent $295

Huonville Unit: Median price $231,000, Annual capital growth 3.62%, Number of sales 18, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

Huonville is in the TOP 20% in TAS when comparing median price capital growth over the last year. Huonville gave property investors a very good capital gain figure when compared to the rest of the state, with 13.64%.

When looking at the potential capital gains offered to property investors over the last 3 years, Huonville comes in at number 50th in TAS.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.77% offered to property buyers. Sellers in Huonville itself are offering an average vendor discount of -5.27% to real estate investors.

At number 116th in the list of Australian suburbs ordered by increase in median house value over the last year, Huonville, 7109 is in the top 10% with a property value increase of 21.90% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Huonville,7109 has racked up an average of 21.90% over the period. This ranks it number 781th in the whole country for real estate investors looking at median house price increases.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Huonville itself are offering an average vendor discount of -2.44% to real estate investors.

On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.

With the median price for a house in Huonville being $231000 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 5.97%

Metrics i HOUSE UNIT
$312,500 $231,000
0.81% -1.28%
13.64% 21.90%
3.11% 3.62%
$295 $265
56 18
4.91% 5.97%
121.42 115.5

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2538
Median household income ($/weekly) 869
Median age of persons 40
Median housing loan repayment ($/monthly) 1444
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 335 13.2
    25-34 years 278 11.0
    35-44 years 370 14.6
    45-54 years 323 12.7
    55-64 years 320 12.6
    Others 912 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 901 47.7
    Not Married 777 41.2
    Defacto Relationship 210 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2148 88.1
    Greece 18 0.7
    Papua New Guinea 15 0.6
    United Kingdom 163 6.7
    Other 35 1.4
    Others 59 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1488 63.9
    No Religion 812 34.9
    Buddhism 16 0.7
    Other Religious Groups 10 0.4
    Judaism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 95 10.5
    $400-$599 121 13.4
    $600-$799 139 15.3
    $800-$999 109 12.0
    $1,500-$1,999 96 10.6
    Others 346 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 847 43.0
    Employed, worked full-time 607 30.8
    Employed, worked part-time 370 18.8
    Unemployed, looking for work 75 3.8
    Employed, away from work 71 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 120 11.5
    Professionals 119 11.4
    Technicians & trades workers 167 15.9
    Clerical & administrative workers 145 13.8
    Labourers 196 18.7
    Others 301 28.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 221 44.6
    Secondary 146 29.4
    Technical or Further Educational Institution 49 9.9
    University or other Tertiary Institutions 38 7.7
    Other type of educational institution 23 4.6
    Others 19 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2304 94.2
    Semi-detached, row or terrace house, townhouse 100 4.1
    Flat, unit or apartment 21 0.9
    House or flat attached to a shop, office 18 0.7
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 360 36.7
    Being purchased 332 33.9
    Rented 281 28.7
    Other tenure type 7 0.7
    Tenure Type
Census 2011, ABS
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