Suburb Profile Report for Turners Beach TAS (7315)

Turners Beach House: Median price $385,000, Annual capital growth 4.01%, Number of sales 32, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report

Investment property in Turners Beach has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.81%

If we look at median property appreciation over just the last three months, Turners Beach has given property investors a paper return of 10.00%. This puts Suburb as 10 on a list of fastest fasting appreciating suburbs in TAS

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in Turners Beach itself are offering an average vendor discount of -5.80% to real estate investors.

HOUSE UNIT
$385,000 N/A
10.00% N/A
22.81% N/A
4.01% N/A
$345 N/A
32 N/A
4.66% N/A
155.51 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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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