Suburb Profile Report for Seven Mile Beach TAS (7170)

Seven Mile Beach House: Median price $517,500, Annual capital growth 4.68%, Number of sales 27, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

With a capital gain of 18.97% for the last 12 months, Seven Mile Beach, 7170 has performed for property investments than its average annual 4.68% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Seven Mile Beach has given property investors a paper return of 4.02%. This puts Suburb as 55 on a list of fastest fasting appreciating suburbs in TAS

Seven Mile Beach7170 is located in TAS which offers an average discount of -6.05% to property investors. Seven Mile Beach itself is showing figures that indicate -7.04% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Seven Mile Beach the average time real estate has been on the market is 41.14 days.

Metrics i HOUSE UNIT
$517,500 N/A
4.02% N/A
18.97% N/A
4.68% N/A
N/A N/A
27 N/A
N/A N/A
41.14 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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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