Suburb Profile Report for Sheffield TAS (7306)

Sheffield House: Median price $235,000, Annual capital growth 4.65%, Number of sales 25, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Sheffield, 7306 should be relatively pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.30%

Comparing Sheffield,7306 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Sheffield should be aiming for at least -11.54% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Sheffield the average time real estate has been on the market is 116 days.

Sheffield, 7306’s gross rental yield is 5.53%

Metrics i HOUSE UNIT
$235,000 N/A
6.21% N/A
9.30% N/A
4.65% N/A
$250 N/A
25 N/A
5.53% N/A
116 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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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Recent sales & rentals