Suburb Profile Report for Shearwater TAS (7307)

Shearwater House: Median price $360,000, Annual capital growth 4.68%, Number of sales 47, Weekly median advertised rent $300

Shearwater Unit: Median price $260,000, Annual capital growth 4.75%, Number of sales 20, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Shearwater, 7307 have given investors a capital gain of 9.09%. This compares favourably with the 4.21% for TAS as a whole.

Shearwater,7307 has offered an average of 9.09% return per annum in house price rises to property investors over the last three years.

Shearwater7307 is located in TAS which offers an average discount of -7.06% to property investors. Shearwater itself is showing figures that indicate -6.29% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.

Shearwater, 7307’s gross rental yield is 4.33%

TAS has seen average median house prices change by 3.83% which means that Shearwater, 7307 has done well for property investors by showing a capital gain of 0.00% over the last year

The five-year average increase in median property values for Shearwater,7307 has given property investors a potential capital gain of -21.09% across each of those five years.

Shearwater, 7307 is offering TAS ‘s 2nd most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this TAS.

Shearwater is 45th on a list of best yielding suburbs for rents in TAS with a 5.10% return

HOUSE UNIT
$360,000 $260,000
0.70% N/A
9.09% 0.00%
4.68% 4.75%
$300 $255
47 20
4.33% 5.10%
135.4 161.76

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1481
Median household income ($/weekly) 870
Median age of persons 49
Median housing loan repayment ($/monthly) 1404
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 150 10.1
    25-34 years 163 11.0
    45-54 years 163 11.0
    55-64 years 247 16.7
    65-74 years 199 13.4
    Others 559 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 615 58.4
    Not Married 316 30.0
    Defacto Relationship 122 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1277 89.1
    Indonesia 9 0.6
    Papua New Guinea 21 1.5
    United Kingdom 98 6.8
    Other 7 0.5
    Others 21 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 953 69.9
    No Religion 395 29.0
    Buddhism 16 1.2
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 59 10.6
    $400-$599 101 18.2
    $600-$799 63 11.4
    $800-$999 65 11.7
    $1,500-$1,999 57 10.3
    Others 209 37.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 586 49.0
    Employed, worked full-time 356 29.7
    Employed, worked part-time 179 15.0
    Employed, away from work 47 3.9
    Unemployed, looking for work 29 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 83 14.4
    Professionals 104 18.0
    Technicians & trades workers 92 15.9
    Clerical & administrative workers 89 15.4
    Sales 62 10.7
    Others 148 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 15 5.7
    Infants/Primary 120 46.0
    Secondary 54 20.7
    Technical or Further Educational Institution 42 16.1
    University or other Tertiary Institutions 23 8.8
    Others 7 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1197 89.7
    Semi-detached, row or terrace house, townhouse 135 10.1
    Flat, unit or apartment 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 265 44.8
    Being purchased 162 27.4
    Rented 159 26.9
    Other tenure type 6 1.0
    Tenure Type
Census 2011, ABS
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