Suburb Profile Report for Acton Park TAS (7170)

Acton Park House: Median price $665,000, Annual capital growth 2.88%, Number of sales 42, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Expert Report

Property investors who have had real estate in Acton Park, 7170 should be ok 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 5.98%

If we look at median property appreciation over just the last three months, Acton Park has given property investors a paper return of 6.40%. This puts Suburb as 30 on a list of fastest fasting appreciating suburbs in TAS

LACK OF BUYER INTEREST may well be the reason that Acton Park is offering property investors an average of -6.51. This rate of discount on properties puts Suburb at number 63th in terms of most discounted suburbs in TAS

Information supplied by:


June 2017

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A 20-minute drive east of Hobart will take you to the suburb of Acton Park. Despite its designation as a rural suburb, it is popular among buyers because of the easy access to the capital.Full summary

A 20-minute drive east of Hobart will take you to the suburb of Acton Park. Despite its designation as a rural suburb, it is popular among buyers because of the easy access to the capital.

Bus services are available to commuters, while residents remain in close proximity to amenities like beaches. Roches Beach and Seven Mile Beach lie to the east of the suburb, as does Single Hill. The Hobart airport is just 10 minutes away via Acton Drive. Sports facilities and parks are located in nearby suburbs like Oakdowns. A shopping centre and a primary school are situated in neighbouring Cambridge.

Thus, Acton Park’s housing market has sustained reasonable growth over the past five years.

Close
Metrics i HOUSE UNIT
$665,000 N/A
6.40% N/A
5.98% N/A
2.88% N/A
N/A N/A
42 N/A
N/A N/A
65.48 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 2165
Median household income ($/weekly) 1921
Median age of persons 40
Median housing loan repayment ($/monthly) 1800
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 354 16.3
    15-19 years 190 8.8
    35-44 years 342 15.8
    45-54 years 380 17.5
    55-64 years 283 13.1
    Others 617 28.5
    Age Group
    Census Count Percent(%)
    Registered Married 1027 66.1
    Not Married 411 26.5
    Defacto Relationship 115 7.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1844 87.9
    Greece 18 0.9
    Papua New Guinea 24 1.1
    United Kingdom 130 6.2
    Other 30 1.4
    Others 51 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1483 74.3
    No Religion 499 25.0
    Hinduism 6 0.3
    Judaism 6 0.3
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 48 8.3
    $1,500-$1,999 83 14.3
    $2,000-$2,499 80 13.8
    $2,500-$2,999 78 13.4
    $3,000-$3,499 60 10.3
    Others 231 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 659 40.4
    Not in the labour force 466 28.6
    Employed, worked part-time 410 25.1
    Employed, away from work 61 3.7
    Unemployed, looking for work 36 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 202 17.9
    Professionals 269 23.8
    Technicians & trades workers 151 13.4
    Clerical & administrative workers 200 17.7
    Sales 120 10.6
    Others 186 16.5
    Occupation
    Census Count Percent(%)
    Pre-school 18 3.0
    Infants/Primary 252 42.6
    Secondary 190 32.1
    Technical or Further Educational Institution 49 8.3
    University or other Tertiary Institutions 73 12.4
    Others 9 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2062 99.5
    Improvised home, tent, sleepers out 8 0.4
    Flat, unit or apartment 3 0.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 362 55.0
    Fully owned 270 41.0
    Rented 26 4.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals