Suburb Profile Report for Mountain River TAS (7109)

Mountain River House: Median price $475,000, Annual capital growth 5.74%, 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

Property investors who have had real estate in Mountain River, 7109 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 23.38%

While Mountain River,7109 ranked number 23th in TAS for increase in median house value (annualised) increase, it is ranked 153th over the last 5 years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Mountain River itself are offering an average vendor discount of -9.53% to real estate investors.

HOUSE UNIT
$475,000 N/A
6.74% N/A
23.38% N/A
5.74% N/A
N/A N/A
15 N/A
N/A N/A
83 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Mountain River TAS
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
Chart Table
Recent sales & rentals