Suburb Profile Report for Burnie TAS (7320)

Burnie House: Median price $250,000, Annual capital growth 6.31%, Number of sales 25, Weekly median advertised rent $270

Burnie Unit: Median price $146,000, Annual capital growth N/A, Number of sales 17, Weekly median advertised rent $185

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

Source: CoreLogic

  • House Report
  • Unit Report

Burnie is in the bottom 20% in TAS when comparing median price capital growth over the last year. Burnie gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.85%.

When looking at the potential capital gains offered to property investors over the last 3 years, Burnie comes in at number 55th in TAS.

Property investors looking for a bargain in Burnie should be aiming for at least -11.39% off the asking price, which is the average vendor discount being achieved at the moment.

Burnie is 61th on a list of best yielding suburbs for rents in TAS with a 5.62% return

Burnie, 7320 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.

Metrics i HOUSE UNIT
$250,000 $146,000
-3.85% -1.02%
-3.85% N/A
6.31% N/A
$270 $185
25 17
5.62% 6.59%
135.78 172.41

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 696
Median household income ($/weekly) 826
Median age of persons 38
Median housing loan repayment ($/monthly) 1248
Average household size 1.8
  • Census Count Percent(%)
    5-14 years 64 9.2
    25-34 years 98 14.1
    35-44 years 74 10.6
    45-54 years 107 15.4
    55-64 years 91 13.1
    Others 262 37.6
    Age Group
    Census Count Percent(%)
    Not Married 273 53.3
    Registered Married 185 36.1
    Defacto Relationship 54 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 555 84.7
    Croatia 9 1.4
    Papua New Guinea 12 1.8
    United Kingdom 34 5.2
    Other 13 2.0
    Others 32 4.9
    Country of Birth
    Census Count Percent(%)
    Christianity 376 59.6
    No Religion 235 37.2
    Buddhism 12 1.9
    Hinduism 4 0.6
    Islam 4 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 28 8.8
    $300-$399 37 11.6
    $400-$599 41 12.9
    $600-$799 35 11.0
    $800-$999 35 11.0
    Others 143 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 221 39.7
    Not in the labour force 198 35.6
    Employed, worked part-time 89 16.0
    Unemployed, looking for work 27 4.9
    Employed, away from work 21 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 61 18.5
    Professionals 73 22.1
    Technicians & trades workers 35 10.6
    Community & personal service workers 46 13.9
    Clerical & administrative workers 52 15.8
    Others 63 19.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 43 36.8
    Secondary 33 28.2
    Technical or Further Educational Institution 22 18.8
    University or other Tertiary Institutions 16 13.7
    Pre-school 3 2.6
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 437 69.8
    Flat, unit or apartment 131 20.9
    Semi-detached, row or terrace house, townhouse 33 5.3
    House or flat attached to a shop, office 25 4.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 175 54.5
    Fully owned 78 24.3
    Being purchased 68 21.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals