Suburb Profile Report for Seven Mile Beach TAS (7170)

Seven Mile Beach House: Median price $415,000, Annual capital growth 2.70%, Number of sales 20, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property value increases in Seven Mile Beach have tracked lower than the TAS average of 3.08% over the last 12 months.

A 9.21% growth in median value for property investors in Seven Mile Beach,7170 puts this suburb at number 151th in terms of best performing suburbs in TAS

Our latest figures would indicate that property sellers in Seven Mile Beach are currently offering property investors an average price cut of -6.55% below the asking price at the moment.

HOUSE UNIT
$415,000 N/A
-4.60% N/A
-12.08% N/A
2.70% N/A
N/A N/A
20 N/A
N/A N/A
136.18 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1115
Median household income ($/weekly) 1561
Median age of persons 41
Median housing loan repayment ($/monthly) 1500
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 160 14.3
    25-34 years 95 8.5
    35-44 years 164 14.7
    45-54 years 215 19.3
    55-64 years 158 14.2
    Others 323 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 475 57.0
    Not Married 266 31.9
    Defacto Relationship 92 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 977 89.2
    New Zealand 8 0.7
    Papua New Guinea 14 1.3
    United Kingdom 71 6.5
    Other 9 0.8
    Others 16 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 676 65.2
    No Religion 353 34.0
    Buddhism 8 0.8
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 35 9.6
    $1,000-$1,249 36 9.8
    $1,500-$1,999 60 16.4
    $2,000-$2,499 44 12.0
    $2,500-$2,999 41 11.2
    Others 150 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 377 43.3
    Employed, worked part-time 232 26.6
    Not in the labour force 214 24.6
    Employed, away from work 26 3.0
    Unemployed, looking for work 22 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 84 13.2
    Professionals 146 23.0
    Technicians & trades workers 89 14.0
    Clerical & administrative workers 136 21.4
    Sales 67 10.6
    Others 113 17.8
    Occupation
    Census Count Percent(%)
    Pre-school 9 3.0
    Infants/Primary 113 38.0
    Secondary 83 27.9
    Technical or Further Educational Institution 30 10.1
    University or other Tertiary Institutions 56 18.9
    Others 6 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1067 99.0
    Caravan, cabin, houseboat 11 1.0
    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 207 51.5
    Fully owned 148 36.8
    Rented 47 11.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals