Suburb Profile Report for Railton TAS (7305)

Railton House: Median price $160,000, Annual capital growth 0.56%, Number of sales 17, Weekly median advertised rent $225

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

Source: CoreLogic

  • House Report

Railton, 7305 ranked 163th in TAS when comparing growth in median property values or capital gain over the last 12 months. Railton is one of 606 in our list for TAS

Railton,7305 was ranked 3895 in Australia by increase in median property value over the quarter.

Property buyers and investors in Railton 7305 should be seeing an average reduction in asking price of around -8.88% . This means that Railton is holding prices well when compared to other suburbs in TAS.

In the last year 17 properties changed hands in Railton, which puts it as the 141th most active market in TAS when comparing the number of sales per suburb.

Advertised rents are around the $225 mark per week – giving a return of 7.31% based on the median price in Suburb

HOUSE UNIT
$160,000 N/A
-7.25% N/A
-8.57% N/A
0.56% N/A
$225 N/A
17 N/A
7.31% N/A
83.72 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1230
Median household income ($/weekly) 769
Median age of persons 44
Median housing loan repayment ($/monthly) 975
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 167 13.6
    35-44 years 155 12.6
    45-54 years 200 16.2
    55-64 years 177 14.4
    65-74 years 154 12.5
    Others 378 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 478 52.0
    Not Married 332 36.1
    Defacto Relationship 110 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1065 91.4
    Greece 4 0.3
    Papua New Guinea 12 1.0
    United Kingdom 69 5.9
    Other 12 1.0
    Others 3 0.3
    Country of Birth
    Census Count Percent(%)
    Christianity 717 65.4
    No Religion 370 33.8
    Buddhism 6 0.5
    Other Religious Groups 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 45 10.9
    $400-$599 83 20.1
    $600-$799 61 14.8
    $800-$999 42 10.2
    $1,000-$1,249 45 10.9
    Others 136 33.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 467 49.4
    Employed, worked full-time 260 27.5
    Employed, worked part-time 147 15.6
    Unemployed, looking for work 38 4.0
    Employed, away from work 33 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 62 14.1
    Professionals 40 9.1
    Technicians & trades workers 90 20.4
    Machinery operators & drivers 49 11.1
    Labourers 75 17.0
    Others 125 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 12 5.0
    Infants/Primary 111 46.1
    Secondary 69 28.6
    Technical or Further Educational Institution 31 12.9
    University or other Tertiary Institutions 9 3.7
    Others 9 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1150 98.8
    Improvised home, tent, sleepers out 7 0.6
    Flat, unit or apartment 4 0.3
    Semi-detached, row or terrace house, townhouse 3 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 212 46.2
    Being purchased 165 35.9
    Rented 82 17.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals