Suburb Profile Report for Cressy TAS (7302)

Cressy House: Median price $220,000, Annual capital growth 9.86%, Number of sales 15, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Cressy, 7302 ranked 111th in TAS when comparing growth in median property values or capital gain over the last 12 months. Cressy is one of 606 in our list for TAS

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

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.89% offered to property buyers. Sellers in Cressy itself are offering an average vendor discount of -9.84% to real estate investors.

At number 3262 in a list of fastest selling suburbs, Cressy is in the bottom 20% of suburbs in Australia with an average of days on market 122.3 for properties listed there.

Metrics i HOUSE UNIT
$220,000 N/A
1.85% N/A
2.33% N/A
9.86% N/A
N/A N/A
15 N/A
N/A N/A
122.3 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1403
Median household income ($/weekly) 933
Median age of persons 37
Median housing loan repayment ($/monthly) 1200
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 197 14.1
    25-34 years 152 10.8
    35-44 years 203 14.5
    45-54 years 195 13.9
    55-64 years 182 13.0
    Others 473 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 529 52.0
    Not Married 367 36.1
    Defacto Relationship 122 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1283 94.2
    New Zealand 10 0.7
    Papua New Guinea 12 0.9
    United Kingdom 32 2.3
    Other 10 0.7
    Others 15 1.1
    Country of Birth
    Census Count Percent(%)
    Christianity 991 76.9
    No Religion 291 22.6
    Buddhism 4 0.3
    Islam 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 71 15.6
    $600-$799 53 11.6
    $800-$999 54 11.9
    $1,250-$1,499 49 10.8
    $1,500-$1,999 54 11.9
    Others 174 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 396 37.7
    Employed, worked full-time 394 37.5
    Employed, worked part-time 177 16.9
    Employed, away from work 51 4.9
    Unemployed, looking for work 32 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 127 20.5
    Technicians & trades workers 97 15.6
    Community & personal service workers 52 8.4
    Machinery operators & drivers 66 10.6
    Labourers 124 20.0
    Others 155 25.0
    Occupation
    Census Count Percent(%)
    Pre-school 22 6.9
    Infants/Primary 133 41.8
    Secondary 100 31.4
    Technical or Further Educational Institution 35 11.0
    University or other Tertiary Institutions 19 6.0
    Others 9 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1318 99.2
    Flat, unit or apartment 5 0.4
    Caravan, cabin, houseboat 5 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 184 37.6
    Being purchased 165 33.7
    Rented 138 28.2
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals