Suburb Profile Report for Dodges Ferry TAS (7173)

Dodges Ferry House: Median price $278,000, Annual capital growth 4.68%, Number of sales 45, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Expert Report

If you compare the increase in value of investment property in Dodges Ferry, 7173 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 13.01%.

If we look at median property appreciation over just the last three months, Dodges Ferry has given property investors a paper return of 1.09%. This puts Suburb as 78 on a list of fastest fasting appreciating suburbs in TAS

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in Dodges Ferry itself are offering an average vendor discount of -5.70% to real estate investors.

Property investors should expect to get $280 weekly from the median priced house in this suburb.

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Local agent Kylie Mill of Harcourts Sorell says Dodges Ferry is drawing in buyers with its striking beaches and relaxed lifestyle.

“You find especially in recent months that a lot of people are just swaying towards Dodges Ferry,” she says. “The relaxed lifestyle brings them in, but the affordability, to be honest, is also the kicker here.”
Full summary

Local agent Kylie Mill of Harcourts Sorell says Dodges Ferry is drawing in buyers with its striking beaches and relaxed lifestyle.

“You find especially in recent months that a lot of people are just swaying towards Dodges Ferry,” she says. “The relaxed lifestyle brings them in, but the affordability, to be honest, is also the kicker here.”

Mill says the suburb is far more desirable than comparable areas available to first home-buyers like Primrose Sands. 

Best Street(s): Carlton Beach Rd: This long winding road has a dramatic feel as it meanders along the coastline and features larger homes with stunning views and access of Park Beach and several other area beach spots.

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HOUSE UNIT
$278,000 N/A
1.09% N/A
13.01% N/A
4.68% N/A
$280 N/A
45 N/A
5.24% N/A
113.17 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2320
Median household income ($/weekly) 962
Median age of persons 38
Median housing loan repayment ($/monthly) 1200
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 352 15.2
    25-34 years 242 10.4
    35-44 years 378 16.3
    45-54 years 374 16.1
    55-64 years 284 12.2
    Others 689 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 700 43.0
    Not Married 639 39.3
    Defacto Relationship 289 17.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2040 92.1
    Papua New Guinea 17 0.8
    South Africa 10 0.5
    United Kingdom 102 4.6
    Other 19 0.9
    Others 27 1.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1194 58.2
    No Religion 821 40.0
    Buddhism 22 1.1
    Other Religious Groups 11 0.5
    Judaism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 80 9.9
    $400-$599 100 12.4
    $600-$799 100 12.4
    $1,000-$1,249 90 11.1
    $1,500-$1,999 97 12.0
    Others 341 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 595 34.6
    Not in the labour force 591 34.3
    Employed, worked part-time 379 22.0
    Employed, away from work 79 4.6
    Unemployed, looking for work 77 4.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 172 16.3
    Technicians & trades workers 210 20.0
    Community & personal service workers 147 14.0
    Clerical & administrative workers 155 14.7
    Sales 100 9.5
    Others 268 25.5
    Occupation
    Census Count Percent(%)
    Pre-school 24 4.4
    Infants/Primary 225 41.1
    Secondary 164 30.0
    Technical or Further Educational Institution 64 11.7
    University or other Tertiary Institutions 57 10.4
    Others 13 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2144 99.5
    Caravan, cabin, houseboat 4 0.2
    Semi-detached, row or terrace house, townhouse 3 0.1
    Improvised home, tent, sleepers out 3 0.1
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 424 48.6
    Fully owned 257 29.5
    Rented 183 21.0
    Other tenure type 8 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals