Suburb Profile Report for Hillcrest TAS (7320)

Hillcrest House: Median price $175,000, Annual capital growth 1.97%, Number of sales 28, Weekly median advertised rent $253

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

Source: CoreLogic

  • House Report

At number 3144th in the list of Australian suburbs ordered by increase in median house value over the last year, Hillcrest, 7320 is in the BOTTOM 30% with a property value increase of -0.29% recorded in median house prices.

While Hillcrest,7320 ranked number 161th in TAS for increase in median house value (annualised) increase, it is ranked 124th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Hillcrest is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 107th in terms of most discounted suburbs in TAS

Using the current median advertised rental of $252.5 and the average annual increase in value of a median property of 1.97%, investors should hope to achieve an overall return of 7.50%

Metrics i HOUSE UNIT
$175,000 N/A
-2.51% N/A
-0.29% N/A
1.97% N/A
$253 N/A
28 N/A
7.50% N/A
75.8 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1077
Median household income ($/weekly) 697
Median age of persons 33
Median housing loan repayment ($/monthly) 1083
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 136 12.6
    25-34 years 163 15.1
    35-44 years 123 11.4
    45-54 years 140 13.0
    55-64 years 112 10.4
    Others 405 37.5
    Age Group
    Census Count Percent(%)
    Not Married 388 49.1
    Registered Married 297 37.6
    Defacto Relationship 105 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 954 93.1
    New Zealand 4 0.4
    Papua New Guinea 5 0.5
    United Kingdom 25 2.4
    Other 6 0.6
    Others 31 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 578 60.7
    No Religion 360 37.8
    Buddhism 7 0.7
    Other Religious Groups 4 0.4
    Hinduism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 56 13.3
    $400-$599 79 18.7
    $600-$799 75 17.8
    $800-$999 44 10.4
    $1,000-$1,249 43 10.2
    Others 125 29.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 327 40.2
    Employed, worked full-time 255 31.4
    Employed, worked part-time 140 17.2
    Unemployed, looking for work 60 7.4
    Employed, away from work 31 3.8
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 91 21.3
    Community & personal service workers 55 12.9
    Clerical & administrative workers 45 10.5
    Sales 55 12.9
    Labourers 63 14.8
    Others 118 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 15 6.4
    Infants/Primary 105 44.7
    Secondary 50 21.3
    Technical or Further Educational Institution 41 17.4
    University or other Tertiary Institutions 18 7.7
    Others 6 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 959 93.0
    Flat, unit or apartment 72 7.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 191 42.4
    Being purchased 146 32.4
    Fully owned 114 25.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals