Suburb Profile Report for Mountain River TAS (7109)

Mountain River House: Median price $475,000, Annual capital growth 14.18%, Number of sales 15, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Mountain River has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.18%

Our latest figures would indicate that property sellers in Mountain River are currently offering property investors an average price cut of -8.99% below the asking price at the moment.

HOUSE UNIT
$475,000 N/A
6.74% N/A
14.18% N/A
14.18% N/A
N/A N/A
15 N/A
N/A N/A
57.92 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 581
Median household income ($/weekly) 1170
Median age of persons 40
Median housing loan repayment ($/monthly) 1500
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 85 14.7
    25-34 years 58 10.0
    35-44 years 98 17.0
    45-54 years 91 15.7
    55-64 years 81 14.0
    Others 165 28.5
    Age Group
    Census Count Percent(%)
    Registered Married 253 60.2
    Not Married 117 27.9
    Defacto Relationship 50 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 447 79.5
    New Zealand 7 1.2
    Papua New Guinea 8 1.4
    United Kingdom 55 9.8
    Other 12 2.1
    Others 33 5.9
    Country of Birth
    Census Count Percent(%)
    Christianity 271 52.4
    No Religion 232 44.9
    Buddhism 8 1.5
    Judaism 3 0.6
    Other Religious Groups 3 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 29 15.2
    $800-$999 22 11.5
    $1,000-$1,249 20 10.5
    $1,250-$1,499 20 10.5
    $1,500-$1,999 26 13.6
    Others 74 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 145 33.6
    Not in the labour force 133 30.8
    Employed, worked part-time 116 26.9
    Employed, away from work 23 5.3
    Unemployed, looking for work 15 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 42 14.6
    Professionals 73 25.4
    Technicians & trades workers 39 13.6
    Clerical & administrative workers 35 12.2
    Sales 29 10.1
    Others 69 24.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 57 42.5
    Secondary 41 30.6
    Technical or Further Educational Institution 10 7.5
    University or other Tertiary Institutions 14 10.4
    Other type of educational institution 8 6.0
    Others 4 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 552 99.3
    Caravan, cabin, houseboat 4 0.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 94 45.2
    Fully owned 93 44.7
    Rented 18 8.7
    Other tenure type 3 1.4
    Tenure Type
Census 2011, ABS
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