Suburb Profile Report for Huonville TAS (7109)

Huonville House: Median price $285,000, Annual capital growth 2.12%, Number of sales 52, Weekly median advertised rent $295

Huonville Unit: Median price $220,000, Annual capital growth 5.88%, Number of sales 17, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Huonville, 7109 should be unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -18.57%

Comparing Huonville,7109 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Huonville is giving property investors an average Vendor Discount of around -4.77%. This puts suburb at number 140th in TAS when ranking the most discounted suburbs.

Situated 27.66km from the CBD, Huonville is one of Huon Valley localities in the postcode 7109.

If you compare the increase in value of investment property in Huonville, 7109 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 0.46%.

LACK OF BUYER INTEREST may well be the reason that Huonville is offering property investors an average of -5.62. This rate of discount on properties puts Suburb at number 8th in terms of most discounted suburbs in TAS

The TAS suburb of Huonville, 7109 is in the Huon Valley local government area.

HOUSE UNIT
$285,000 $220,000
0.00% -2.00%
-18.57% 0.46%
2.12% 5.88%
$295 $260
52 17
5.38% 6.15%
112.82 141.66

Source: CoreLogic

DSR Score for property investment : Above average (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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Recent sales & rentals