Suburb Profile Report for Turners Beach TAS (7315)

Turners Beach House: Median price $340,000, Annual capital growth 3.43%, Number of sales 30, Weekly median advertised rent $300

Turners Beach Unit: Median price $275,200, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Turners Beach has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.33%

Taking the average capital gain, or increase in median house value, Turners Beach,7315 has racked up an average of -9.33% over the period. This ranks it number 3592th in the whole country for real estate investors looking at median house price increases.

Turners Beach, 7315 is offering TAS ‘s 159th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this TAS.

Advertised rents are around the $300 mark per week – giving a return of 4.59% based on the median price in Suburb

On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.

Metrics i HOUSE UNIT
$340,000 $275,200
N/A N/A
-9.33% N/A
3.43% N/A
$300 N/A
30 11
4.59% N/A
84.95 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1595
Median household income ($/weekly) 1109
Median age of persons 40
Median housing loan repayment ($/monthly) 1531
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 212 13.3
    25-34 years 154 9.6
    35-44 years 236 14.8
    45-54 years 267 16.7
    55-64 years 212 13.3
    Others 515 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 622 54.9
    Not Married 405 35.7
    Defacto Relationship 106 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1457 94.1
    New Zealand 8 0.5
    Papua New Guinea 11 0.7
    United Kingdom 55 3.6
    Other 8 0.5
    Others 10 0.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1020 69.8
    No Religion 431 29.5
    Buddhism 8 0.5
    Other Religious Groups 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 69 13.6
    $600-$799 52 10.3
    $1,250-$1,499 50 9.9
    $1,500-$1,999 78 15.4
    $2,000-$2,499 55 10.9
    Others 202 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 470 38.0
    Not in the labour force 406 32.8
    Employed, worked part-time 257 20.8
    Unemployed, looking for work 60 4.8
    Employed, away from work 45 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 92 12.0
    Professionals 134 17.4
    Technicians & trades workers 123 16.0
    Clerical & administrative workers 95 12.4
    Labourers 99 12.9
    Others 226 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 12 3.5
    Infants/Primary 158 45.5
    Secondary 105 30.3
    Technical or Further Educational Institution 46 13.3
    University or other Tertiary Institutions 23 6.6
    Others 3 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1308 89.4
    Semi-detached, row or terrace house, townhouse 90 6.2
    Caravan, cabin, houseboat 39 2.7
    Flat, unit or apartment 23 1.6
    House or flat attached to a shop, office 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 221 40.1
    Being purchased 215 39.0
    Rented 111 20.1
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
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