Suburb Profile Report for Cygnet TAS (7112)

Cygnet House: Median price $326,000, Annual capital growth 3.47%, Number of sales 47, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report

Cygnet has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 4.49% to date .

The five-year average increase in median property values for Cygnet,7112 has given property investors a potential capital gain of 27.84% across each of those five years.

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 Cygnet itself are offering an average vendor discount of -6.72% to real estate investors.

Often selling an investment property can take time, and in Cygnet the average time real estate has been on the market is 114.58 days.

Property investors should expect to get $292.5 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$326,000 N/A
1.88% N/A
4.49% N/A
3.47% N/A
$293 N/A
47 N/A
4.67% N/A
114.58 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1453
Median household income ($/weekly) 764
Median age of persons 41
Median housing loan repayment ($/monthly) 867
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 227 15.6
    35-44 years 207 14.2
    45-54 years 194 13.3
    55-64 years 221 15.2
    65-74 years 156 10.7
    Others 449 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 497 47.8
    Not Married 420 40.4
    Defacto Relationship 122 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1159 84.7
    New Zealand 8 0.6
    Papua New Guinea 28 2.0
    United Kingdom 103 7.5
    Other 29 2.1
    Others 41 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 794 61.1
    No Religion 463 35.6
    Buddhism 26 2.0
    Other Religious Groups 12 0.9
    Australian Aboriginal Traditional Religions 5 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 54 10.7
    $400-$599 72 14.3
    $600-$799 82 16.3
    $800-$999 70 13.9
    $1,500-$1,999 47 9.3
    Others 179 35.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 499 46.4
    Employed, worked full-time 271 25.2
    Employed, worked part-time 228 21.2
    Unemployed, looking for work 41 3.8
    Employed, away from work 36 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 74 14.0
    Professionals 82 15.5
    Technicians & trades workers 81 15.3
    Clerical & administrative workers 68 12.8
    Labourers 81 15.3
    Others 144 27.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 160 50.8
    Secondary 79 25.1
    Technical or Further Educational Institution 35 11.1
    University or other Tertiary Institutions 24 7.6
    Other type of educational institution 11 3.5
    Others 6 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1250 91.7
    Flat, unit or apartment 43 3.2
    Caravan, cabin, houseboat 30 2.2
    Semi-detached, row or terrace house, townhouse 23 1.7
    House or flat attached to a shop, office 17 1.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 229 41.6
    Being purchased 176 32.0
    Rented 141 25.6
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
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