Suburb Profile Report for Mowbray TAS (7248)

Mowbray House: Median price $204,000, Annual capital growth 1.89%, Number of sales 71, Weekly median advertised rent $275

Mowbray Unit: Median price $187,000, Annual capital growth 5.25%, Number of sales 21, Weekly median advertised rent $254

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Mowbray has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.37%

If we look at median property appreciation over just the last three months, Mowbray has given property investors a paper return of 0.99%. This puts Suburb as 86 on a list of fastest fasting appreciating suburbs in TAS

The most recent median price for Mowbray is $204000, with sellers offering an average of -7.14% off the asking price.

The TAS suburb of Mowbray, 7248 is in the Launceston local government area.

TAS has seen average median house prices change by 3.83% which means that Mowbray, 7248 has done well for property investors by showing a capital gain of 10.00% over the last year

Over the longer term, Mowbray has seen property prices show investors a -4.10% return over the last 3 years. This is an improvement over the last 12 months

The TAS suburb of Mowbray, 7248 is in the Launceston local government area.

HOUSE UNIT
$204,000 $187,000
0.99% N/A
7.37% 10.00%
1.89% 5.25%
$275 $254
71 21
7.01% 7.05%
99.21 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Below average (U)
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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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Recent sales & rentals