Suburb Profile Report for Shearwater TAS (7307)

Shearwater House: Median price $361,000, Annual capital growth 2.72%, Number of sales 48, Weekly median advertised rent $295

Shearwater Unit: Median price $255,000, Annual capital growth 3.05%, Number of sales 19, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

Shearwater, 7307 ranked 115th in TAS when comparing growth in median property values or capital gain over the last 12 months. Shearwater is one of 606 in our list for TAS

When looking at the potential capital gains offered to property investors over the last 3 years, Shearwater comes in at number 121th in TAS.

Shearwater7307 is located in TAS which offers an average discount of -6.51% to property investors. Shearwater itself is showing figures that indicate -5.61% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $295 mark per week – giving a return of 4.25% based on the median price in Suburb

With a capital gain of -3.77% for the last 12 months, Shearwater, 7307 has performed for property investments than its average annual 3.05% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Shearwater has given property investors a paper return of -1.92%. This puts Suburb as 41 on a list of fastest fasting appreciating suburbs in TAS

Shearwater is 35th on a list of best yielding suburbs for rents in TAS with a 5.30% return

Metrics i HOUSE UNIT
$361,000 $255,000
0.00% -1.92%
3.88% -3.77%
2.72% 3.05%
$295 $260
48 19
4.25% 5.30%
120.3 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Shearwater TAS
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
Chart Table
Recent sales & rentals