Suburb Profile Report for Legana TAS (7277)

Legana House: Median price $367,500, Annual capital growth 2.99%, Number of sales 75, Weekly median advertised rent $350

Legana Unit: Median price $290,000, Annual capital growth 1.72%, Number of sales 31, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Legana, 7277 have given investors a capital gain of 2.08%. This compares badly with the 7.09% for TAS as a whole.

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

Vendor discounting in Legana is giving property investors an average Vendor Discount of around -7.15%. This puts suburb at number 50th in TAS when ranking the most discounted suburbs.

With a capital gain of 1.40% for the last 12 months, Legana, 7277 has performed for property investments than its average annual 1.72% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Legana,7277 has racked up an average of 1.40% over the period. This ranks it number 1182th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Legana is $290000, with sellers offering an average of -5.34% off the asking price.

In the last year 31 properties changed hands in Legana, which puts it as the 17th most active market in TAS when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$367,500 $290,000
5.00% 0.52%
2.08% 1.40%
2.99% 1.72%
$350 $295
75 31
4.95% 5.29%
78.36 118.81

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Legana TAS
Demographics
Total population 3678
Median household income ($/weekly) 1271
Median age of persons 40
Median housing loan repayment ($/monthly) 1528
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 589 16.0
    35-44 years 549 14.9
    45-54 years 508 13.8
    55-64 years 424 11.5
    65-74 years 335 9.1
    Others 1273 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 1553 60.6
    Not Married 807 31.5
    Defacto Relationship 203 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3100 85.9
    New Zealand 53 1.5
    Papua New Guinea 38 1.1
    United Kingdom 239 6.6
    Other 57 1.6
    Others 123 3.4
    Country of Birth
    Census Count Percent(%)
    Christianity 2413 71.8
    No Religion 907 27.0
    Hinduism 20 0.6
    Other Religious Groups 12 0.4
    Buddhism 11 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 113 10.0
    $800-$999 116 10.2
    $1,250-$1,499 127 11.2
    $1,500-$1,999 169 14.9
    $2,000-$2,499 113 10.0
    Others 496 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1029 38.1
    Not in the labour force 907 33.6
    Employed, worked part-time 591 21.9
    Employed, away from work 102 3.8
    Unemployed, looking for work 73 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 222 12.9
    Professionals 304 17.7
    Technicians & trades workers 316 18.4
    Clerical & administrative workers 281 16.4
    Sales 186 10.8
    Others 409 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 41 4.5
    Infants/Primary 420 45.7
    Secondary 260 28.3
    Technical or Further Educational Institution 89 9.7
    University or other Tertiary Institutions 94 10.2
    Others 16 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3290 95.7
    Flat, unit or apartment 115 3.3
    Improvised home, tent, sleepers out 16 0.5
    Caravan, cabin, houseboat 9 0.3
    Semi-detached, row or terrace house, townhouse 8 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 577 46.6
    Fully owned 496 40.1
    Rented 161 13.0
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals