Suburb Profile Report for Cygnet TAS (7112)

Cygnet House: Median price $312,000, Annual capital growth 3.95%, Number of sales 38, Weekly median advertised rent $288

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

Source: CoreLogic

  • House Report

Investment property in Cygnet has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.76%

While Cygnet,7112 ranked number 111th in TAS for increase in median house value (annualised) increase, it is ranked 22th over the last 5 years.

Cygnet, 7112 is offering TAS ‘s 113th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this TAS.

On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.

Renters in Suburb are facing rents around $3450 per annum or $287.5 every week.

HOUSE UNIT
$312,000 N/A
-0.48% N/A
5.76% N/A
3.95% N/A
$288 N/A
38 N/A
4.79% N/A
114.48 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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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Recent sales & rentals