Suburb Profile Report for Stieglitz TAS (7216)

Stieglitz House: Median price $230,000, Annual capital growth 5.59%, Number of sales 22, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report

At number 552th in the list of Australian suburbs ordered by increase in median house value over the last year, Stieglitz, 7216 is in the top 20% with a property value increase of 16.16% recorded in median house prices.

Comparing Stieglitz,7216 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Property investors looking for a bargain in Stieglitz should be aiming for at least -11.39% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Stieglitz the average time real estate has been on the market is 176.16 days.

A $240 per week rent on the median house gives suburb investors a gross yield of circa 5.43%, without taking into account capital value appreciation, which has been averaging out at 5.59%.

Metrics i HOUSE UNIT
$230,000 N/A
4.55% N/A
16.16% N/A
5.59% N/A
$240 N/A
22 N/A
5.43% N/A
176.16 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 643
Median household income ($/weekly) 637
Median age of persons 57
Median housing loan repayment ($/monthly) 1000
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 53 8.3
    35-44 years 53 8.3
    45-54 years 87 13.6
    55-64 years 156 24.3
    65-74 years 137 21.3
    Others 156 24.3
    Age Group
    Census Count Percent(%)
    Registered Married 268 57.8
    Not Married 146 31.5
    Defacto Relationship 50 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 488 83.7
    Greece 8 1.4
    Papua New Guinea 10 1.7
    United Kingdom 55 9.4
    Other 5 0.9
    Others 17 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 420 74.6
    No Religion 143 25.4
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 38 16.2
    $400-$599 46 19.6
    $600-$799 43 18.3
    $800-$999 19 8.1
    $1,000-$1,249 20 8.5
    Others 69 29.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 316 61.1
    Employed, worked part-time 90 17.4
    Employed, worked full-time 81 15.7
    Unemployed, looking for work 19 3.7
    Employed, away from work 11 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 41 22.5
    Professionals 17 9.3
    Clerical & administrative workers 26 14.3
    Sales 26 14.3
    Labourers 37 20.3
    Others 35 19.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 32 41.0
    Secondary 31 39.7
    Technical or Further Educational Institution 6 7.7
    University or other Tertiary Institutions 6 7.7
    Pre-school 3 3.8
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 533 95.0
    Caravan, cabin, houseboat 22 3.9
    Flat, unit or apartment 3 0.5
    Improvised home, tent, sleepers out 3 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 160 61.3
    Rented 51 19.5
    Being purchased 50 19.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals