Suburb Profile Report for Beauty Point TAS (7270)

Beauty Point House: Median price $226,000, Annual capital growth 3.29%, Number of sales 25, Weekly median advertised rent $235

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

Source: CoreLogic

  • House Report

Giving property investors a a solid capital gain of 11.88% for the last year, Beauty Point, 7270 is the 821th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Beauty Point has fallen somewhat when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -7.24% to buyers in Beauty Point at the moment, which is less than average for the rest of TAS.

Often selling an investment property can take time, and in Beauty Point the average time real estate has been on the market is 151.73 days.

Using the current median advertised rental of $235 and the average annual increase in value of a median property of 3.29%, investors should hope to achieve an overall return of 5.41%

HOUSE UNIT
$226,000 N/A
2.49% N/A
11.88% N/A
3.29% N/A
$235 N/A
25 N/A
5.41% N/A
151.73 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 1203
Median household income ($/weekly) 705
Median age of persons 50
Median housing loan repayment ($/monthly) 975
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 100 8.3
    35-44 years 121 10.0
    45-54 years 175 14.5
    55-64 years 232 19.3
    65-74 years 181 15.0
    Others 395 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 483 52.5
    Not Married 346 37.6
    Defacto Relationship 91 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1022 88.8
    New Zealand 14 1.2
    Papua New Guinea 16 1.4
    United Kingdom 74 6.4
    Other 10 0.9
    Others 15 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 760 69.3
    No Religion 323 29.5
    Buddhism 7 0.6
    Other Religious Groups 6 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 65 14.6
    $400-$599 93 20.9
    $600-$799 70 15.7
    $800-$999 49 11.0
    $1,500-$1,999 33 7.4
    Others 136 30.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 541 53.9
    Employed, worked full-time 214 21.3
    Employed, worked part-time 172 17.1
    Unemployed, looking for work 41 4.1
    Employed, away from work 36 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 54 12.9
    Professionals 56 13.4
    Technicians & trades workers 75 17.9
    Community & personal service workers 65 15.5
    Labourers 61 14.6
    Others 108 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 10 4.8
    Infants/Primary 59 28.1
    Secondary 69 32.9
    Technical or Further Educational Institution 32 15.2
    University or other Tertiary Institutions 36 17.1
    Others 4 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1049 94.8
    Semi-detached, row or terrace house, townhouse 5 0.5
    Flat, unit or apartment 10 0.9
    Caravan, cabin, houseboat 36 3.3
    Improvised home, tent, sleepers out 3 0.3
    Others 3 0.3
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 253 51.4
    Being purchased 126 25.6
    Rented 110 22.4
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals