Suburb Profile Report for Forcett TAS (7173)

Forcett House: Median price $385,000, Annual capital growth 3.50%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 324th in the list of Australian suburbs ordered by increase in median house value over the last year, Forcett, 7173 is in the top 10% with a property value increase of 20.31% recorded in median house prices.

If we look at median property appreciation over just the last three months, Forcett has given property investors a paper return of -3.75%. This puts Suburb as 168 on a list of fastest fasting appreciating suburbs in TAS

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Forcett, 7173. Typically our figures indicate that -5.41% is being offered, which puts this TAS suburb at 2163th most discounted overall in Australia.

Metrics i HOUSE UNIT
$385,000 N/A
-3.75% N/A
20.31% N/A
3.50% N/A
N/A N/A
16 N/A
N/A N/A
81.2 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 634
Median household income ($/weekly) 1152
Median age of persons 40
Median housing loan repayment ($/monthly) 1450
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 99 15.6
    25-34 years 82 12.9
    35-44 years 96 15.1
    45-54 years 108 17.0
    55-64 years 87 13.7
    Others 163 25.7
    Age Group
    Census Count Percent(%)
    Registered Married 233 54.7
    Not Married 131 30.8
    Defacto Relationship 62 14.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 544 92.5
    India 3 0.5
    New Zealand 3 0.5
    United Kingdom 22 3.7
    Other 10 1.7
    Others 6 1.0
    Country of Birth
    Census Count Percent(%)
    Christianity 380 67.5
    No Religion 180 32.0
    Buddhism 3 0.5
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 16 8.7
    $600-$799 25 13.7
    $1,000-$1,249 27 14.8
    $1,500-$1,999 34 18.6
    $2,000-$2,499 18 9.8
    Others 63 34.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 183 40.0
    Not in the labour force 123 26.9
    Employed, worked part-time 104 22.7
    Employed, away from work 25 5.5
    Unemployed, looking for work 23 5.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 35 11.3
    Professionals 47 15.1
    Technicians & trades workers 55 17.7
    Clerical & administrative workers 59 19.0
    Labourers 32 10.3
    Others 83 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 11 8.0
    Infants/Primary 65 47.4
    Secondary 34 24.8
    Technical or Further Educational Institution 17 12.4
    University or other Tertiary Institutions 7 5.1
    Others 3 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 551 99.1
    Flat, unit or apartment 5 0.9
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 124 58.8
    Fully owned 70 33.2
    Rented 17 8.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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