Suburb Profile Report for Forcett TAS (7173)

Forcett House: Median price $360,000, Annual capital growth 4.69%, Number of sales 21, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Forcett, 7173 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -5.51%.

The five-year average increase in median property values for Forcett,7173 has given property investors a potential capital gain of 5.88% across each of those five years.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.05% offered to property buyers. Sellers in Forcett itself are offering an average vendor discount of -6.08% to real estate investors.

In the last year 21 properties changed hands in Forcett, which puts it as the 134th most active market in TAS when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$360,000 N/A
-11.11% N/A
-5.51% N/A
4.69% N/A
N/A N/A
21 N/A
N/A N/A
74.93 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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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
Chart Table
Recent sales & rentals