Suburb Profile Report for Huonville TAS (7109)

Huonville House: Median price $310,000, Annual capital growth 2.40%, Number of sales 60, Weekly median advertised rent $298

Huonville Unit: Median price $229,000, Annual capital growth 2.90%, Number of sales 17, Weekly median advertised rent $263

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

Source: CoreLogic

  • House Report
  • Unit Report

Huonville has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 9.73% to date .

Huonville,7109 was ranked 387 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Huonville is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 129th in terms of most discounted suburbs in TAS

Property investors should expect to get $297.5 weekly from the median priced house in this suburb.

Over the last year, property investments in Huonville, 7109 have given investors a capital gain of 20.84%. This compares very favourably with the 4.00% for TAS as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Huonville has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Huonville are currently offering property investors an average price cut of -2.31% below the asking price at the moment.

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

Metrics i HOUSE UNIT
$310,000 $229,000
6.90% -0.22%
9.73% 20.84%
2.40% 2.90%
$298 $263
60 17
4.99% 5.96%
118.54 126.83

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (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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