Suburb Profile Report for Westbury TAS (7303)

Westbury House: Median price $260,000, Annual capital growth 4.15%, Number of sales 35, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report

Westbury has had a quite poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of 0.00% to date .

Over the longer term, Westbury has seen property prices show investors a 8.33% return over the last 3 years. This is worse than over the last 12 months

Westbury7303 is located in TAS which offers an average discount of -7.18% to property investors. Westbury itself is showing figures that indicate -4.64% is the average achievable by property buyers investing in the suburb.

At number 3727 in a list of fastest selling suburbs, Westbury is in the bottom 10% of suburbs in Australia with an average of days on market 179.52 for properties listed there.

Westbury is 60th on a list of best yielding suburbs for rents in TAS with a 5.70% return

HOUSE UNIT
$260,000 N/A
-0.76% N/A
0.00% N/A
4.15% N/A
$285 N/A
35 N/A
5.70% N/A
179.52 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2104
Median household income ($/weekly) 828
Median age of persons 45
Median housing loan repayment ($/monthly) 1242
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 256 12.2
    35-44 years 257 12.2
    45-54 years 366 17.4
    55-64 years 353 16.8
    65-74 years 211 10.0
    Others 661 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 851 53.1
    Not Married 544 33.9
    Defacto Relationship 208 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1743 86.8
    New Zealand 18 0.9
    Papua New Guinea 30 1.5
    United Kingdom 144 7.2
    Other 18 0.9
    Others 56 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1410 73.1
    No Religion 499 25.9
    Other Religious Groups 10 0.5
    Buddhism 8 0.4
    Hinduism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 88 11.2
    $400-$599 125 15.9
    $600-$799 110 14.0
    $800-$999 83 10.6
    $1,000-$1,249 85 10.8
    Others 293 37.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 681 41.6
    Employed, worked full-time 518 31.6
    Employed, worked part-time 335 20.5
    Unemployed, looking for work 52 3.2
    Employed, away from work 51 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 135 15.0
    Professionals 127 14.1
    Technicians & trades workers 138 15.3
    Community & personal service workers 108 12.0
    Labourers 115 12.7
    Others 279 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 15 3.6
    Infants/Primary 163 38.8
    Secondary 142 33.8
    Technical or Further Educational Institution 55 13.1
    University or other Tertiary Institutions 36 8.6
    Others 9 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1900 95.2
    Flat, unit or apartment 72 3.6
    House or flat attached to a shop, office 11 0.6
    Semi-detached, row or terrace house, townhouse 8 0.4
    Caravan, cabin, houseboat 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 352 42.0
    Being purchased 308 36.8
    Rented 178 21.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals