Suburb Profile Report for Seven Mile Beach TAS (7170)

Seven Mile Beach House: Median price $497,500, Annual capital growth 4.03%, Number of sales 22, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

TAS has seen average median house prices change by 6.13% which means that Seven Mile Beach, 7170 has done well for property investors by showing a capital gain of 5.85% over the last year

The five-year average increase in median property values for Seven Mile Beach,7170 has given property investors a potential capital gain of 20.46% across each of those five years.

Property buyers and investors in Seven Mile Beach 7170 should be seeing an average reduction in asking price of around -8.29% . This means that Seven Mile Beach is holding prices well when compared to other suburbs in TAS.

In the last year 22 properties changed hands in Seven Mile Beach, which puts it as the 120th most active market in TAS when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$497,500 N/A
9.70% N/A
5.85% N/A
4.03% N/A
N/A N/A
22 N/A
N/A N/A
63.26 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Seven Mile Beach TAS
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
Chart Table
Recent sales & rentals