Suburb Profile Report for Turners Beach TAS (7315)

Turners Beach House: Median price $365,000, Annual capital growth 3.21%, Number of sales 30, Weekly median advertised rent $343

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

Source: CoreLogic

  • House Report

Turners Beach has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 8.63% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Turners Beach comes in at number 114th in TAS.

Turners Beach7315 is located in TAS which offers an average discount of -7.06% to property investors. Turners Beach itself is showing figures that indicate -4.81% is the average achievable by property buyers investing in the suburb.

In the last year 30 properties changed hands in Turners Beach, which puts it as the 91th most active market in TAS when comparing the number of sales per suburb.

With the median price for a house in Turners Beach being $365000 and the advertised rent reaching $342.5 the gross rental yield for property investors calculates out to be 4.88%

Metrics i HOUSE UNIT
$365,000 N/A
N/A N/A
8.63% N/A
3.21% N/A
$343 N/A
30 N/A
4.88% N/A
139.36 N/A

Source: CoreLogic

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