Suburb Profile Report for Mowbray TAS (7248)

Mowbray House: Median price $205,750, Annual capital growth 1.61%, Number of sales 75, Weekly median advertised rent $275

Mowbray Unit: Median price $174,500, Annual capital growth 3.95%, Number of sales 17, Weekly median advertised rent $253

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Mowbray, 7248 have given investors a capital gain of 4.44%. This compares averagely with the 4.95% for TAS as a whole.

Taking the average capital gain, or increase in median house value, Mowbray,7248 has racked up an average of 4.44% over the period. This ranks it number 2822th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Mowbray 7248 should be seeing an average reduction in asking price of around -7.04% . This means that Mowbray is holding prices well when compared to other suburbs in TAS.

In the last year 75 properties changed hands in Mowbray, which puts it as the 24th most active market in TAS when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $3300 per annum or $275 every week.

Property value increases in Mowbray have tracked just lower than the TAS average of 4.00% over the last 12 months.

While Mowbray,7248 ranked number 35th in TAS for increase in median house value (annualised) increase, it is ranked 45th over the last 5 years.

Situated 145.74km from the CBD, Mowbray is one of Launceston localities in the postcode 7248.

Metrics i HOUSE UNIT
$205,750 $174,500
1.86% -0.85%
4.44% -3.59%
1.61% 3.95%
$275 $253
75 17
6.95% 7.52%
101.13 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 3751
Median household income ($/weekly) 746
Median age of persons 29
Median housing loan repayment ($/monthly) 1127
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 460 12.3
    20-24 years 507 13.5
    25-34 years 573 15.3
    35-44 years 414 11.0
    45-54 years 376 10.0
    Others 1421 37.9
    Age Group
    Census Count Percent(%)
    Not Married 1589 57.0
    Registered Married 903 32.4
    Defacto Relationship 296 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2755 76.4
    Croatia 97 2.7
    Malta 87 2.4
    United Kingdom 73 2.0
    Other 398 11.0
    Others 196 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 73 2.1
    Christianity 2074 59.8
    Hinduism 108 3.1
    Islam 76 2.2
    No Religion 1071 30.9
    Others 65 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 168 12.5
    $400-$599 229 17.1
    $600-$799 180 13.4
    $800-$999 146 10.9
    $1,000-$1,249 166 12.4
    Others 454 33.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1366 47.0
    Employed, worked full-time 705 24.3
    Employed, worked part-time 557 19.2
    Unemployed, looking for work 193 6.6
    Employed, away from work 86 3.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 220 16.4
    Community & personal service workers 211 15.7
    Clerical & administrative workers 149 11.1
    Sales 168 12.5
    Labourers 243 18.1
    Others 353 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 33 2.5
    Infants/Primary 298 23.0
    Secondary 278 21.5
    Technical or Further Educational Institution 200 15.4
    University or other Tertiary Institutions 458 35.4
    Others 28 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3183 88.9
    Flat, unit or apartment 204 5.7
    Semi-detached, row or terrace house, townhouse 180 5.0
    Caravan, cabin, houseboat 7 0.2
    House or flat attached to a shop, office 7 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 658 46.0
    Fully owned 390 27.3
    Being purchased 372 26.0
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
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