Suburb Profile Report for Sheffield TAS (7306)

Sheffield House: Median price $230,000, Annual capital growth 4.41%, Number of sales 27, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Investment property in Sheffield has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.50%

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

LACK OF BUYER INTEREST may well be the reason that Sheffield is offering property investors an average of -6.77. This rate of discount on properties puts Suburb at number 14th in terms of most discounted suburbs in TAS

Metrics i HOUSE UNIT
$230,000 N/A
6.24% N/A
5.50% N/A
4.41% N/A
$260 N/A
27 N/A
5.88% N/A
132 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (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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