Suburb Profile Report for Grindelwald TAS (7277)

Grindelwald House: Median price $490,000, Annual capital growth 3.03%, Number of sales 25, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Grindelwald has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.95%

While Grindelwald,7277 ranked number 23th in TAS for increase in median house value (annualised) increase, it is ranked 32th over the last 5 years.

Our latest figures would indicate that property sellers in Grindelwald are currently offering property investors an average price cut of -8.74% below the asking price at the moment.

On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.

HOUSE UNIT
$490,000 N/A
6.52% N/A
13.95% N/A
3.03% N/A
N/A N/A
25 N/A
N/A N/A
98.96 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 826
Median household income ($/weekly) 1194
Median age of persons 48
Median housing loan repayment ($/monthly) 1717
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 115 13.9
    35-44 years 112 13.5
    45-54 years 127 15.3
    55-64 years 118 14.3
    65-74 years 116 14.0
    Others 240 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 421 70.0
    Not Married 150 25.0
    Defacto Relationship 30 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 581 72.4
    Greece 16 2.0
    New Zealand 18 2.2
    United Kingdom 113 14.1
    Other 27 3.4
    Others 48 6.0
    Country of Birth
    Census Count Percent(%)
    Christianity 568 74.3
    Hinduism 5 0.7
    Islam 3 0.4
    Other Religious Groups 8 1.0
    No Religion 177 23.2
    Others 3 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 30 11.4
    $600-$799 28 10.6
    $800-$999 28 10.6
    $1,000-$1,249 26 9.9
    $1,500-$1,999 34 12.9
    Others 117 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 272 42.5
    Employed, worked full-time 179 28.0
    Employed, worked part-time 149 23.3
    Employed, away from work 29 4.5
    Unemployed, looking for work 11 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 42 11.7
    Professionals 97 27.1
    Technicians & trades workers 55 15.4
    Community & personal service workers 33 9.2
    Clerical & administrative workers 51 14.2
    Others 80 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 9 4.9
    Infants/Primary 81 44.0
    Secondary 56 30.4
    Technical or Further Educational Institution 11 6.0
    University or other Tertiary Institutions 18 9.8
    Others 9 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 763 99.6
    House or flat attached to a shop, office 3 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 170 58.2
    Being purchased 108 37.0
    Rented 14 4.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals