Suburb Profile Report for Sheffield TAS (7306)

Sheffield House: Median price $239,500, Annual capital growth 4.54%, Number of sales 23, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report

Investment property in Sheffield has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.62%

Taking the average capital gain, or increase in median house value, Sheffield,7306 has racked up an average of 10.62% over the period. This ranks it number 3818th in the whole country for real estate investors looking at median house price increases.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.05% offered to property buyers. Sellers in Sheffield itself are offering an average vendor discount of -9.55% to real estate investors.

Using the current median advertised rental of $255 and the average annual increase in value of a median property of 4.54%, investors should hope to achieve an overall return of 5.54%

Metrics i HOUSE UNIT
$239,500 N/A
1.91% N/A
10.62% N/A
4.54% N/A
$255 N/A
23 N/A
5.54% N/A
121.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1538
Median household income ($/weekly) 711
Median age of persons 47
Median housing loan repayment ($/monthly) 1083
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 192 12.5
    35-44 years 183 11.9
    45-54 years 214 13.9
    55-64 years 245 15.9
    65-74 years 190 12.3
    Others 515 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 571 52.1
    Not Married 419 38.3
    Defacto Relationship 105 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1324 88.7
    New Zealand 13 0.9
    Papua New Guinea 11 0.7
    United Kingdom 86 5.8
    Other 16 1.1
    Others 42 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 931 66.5
    No Religion 447 31.9
    Other Religious Groups 10 0.7
    Buddhism 9 0.6
    Hinduism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 77 14.6
    $400-$599 100 18.9
    $600-$799 79 15.0
    $800-$999 48 9.1
    $1,500-$1,999 55 10.4
    Others 169 32.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 613 50.0
    Employed, worked full-time 316 25.8
    Employed, worked part-time 204 16.6
    Employed, away from work 48 3.9
    Unemployed, looking for work 46 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 97 17.3
    Technicians & trades workers 77 13.7
    Community & personal service workers 66 11.7
    Machinery operators & drivers 68 12.1
    Labourers 94 16.7
    Others 160 28.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 121 42.8
    Secondary 95 33.6
    Technical or Further Educational Institution 29 10.2
    University or other Tertiary Institutions 19 6.7
    Other type of educational institution 12 4.2
    Others 7 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1319 95.0
    Semi-detached, row or terrace house, townhouse 34 2.4
    Flat, unit or apartment 19 1.4
    House or flat attached to a shop, office 16 1.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 247 43.0
    Being purchased 182 31.7
    Rented 142 24.7
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
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