Suburb Profile Report for Wynyard TAS (7325)

Wynyard House: Median price $235,000, Annual capital growth 2.98%, Number of sales 100, Weekly median advertised rent $270

Wynyard Unit: Median price $238,500, Annual capital growth 4.28%, Number of sales 31, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a poor capital gain of -8.56% for the last year, Wynyard, 7325 is the 3753th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Wynyard,7325 has racked up an average of -8.56% over the period. This ranks it number 3751th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Wynyard are currently offering property investors an average price cut of -6.73% below the asking price at the moment.

On average over the past year, suburb has had 8.33 sales per month, which equates to 100 per year.

Advertised rents are around the $270 mark per week – giving a return of 5.97% based on the median price in Suburb

Property value increases in Wynyard have tracked close to the TAS average of 0.89% over the last 12 months.

Across a shorter period, Wynyard, 7325 has seen a median price increase of -6.47% over the last quarter.

Wynyard7325 is located in TAS which offers an average discount of -5.48% to property investors. Wynyard itself is showing figures that indicate -4.28% is the average achievable by property buyers investing in the suburb.

A $240 per week rent on the median house gives suburb investors a gross yield of circa 5.23%, without taking into account capital value appreciation, which has been averaging out at 4.28%.

HOUSE UNIT
$235,000 $238,500
2.17% -6.47%
-8.56% 3.70%
2.98% 4.28%
$270 $240
100 31
5.97% 5.23%
92.76 72.15

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5989
Median household income ($/weekly) 793
Median age of persons 45
Median housing loan repayment ($/monthly) 1200
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 715 11.9
    35-44 years 711 11.9
    45-54 years 864 14.4
    55-64 years 858 14.3
    65-74 years 690 11.5
    Others 2151 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 2246 50.6
    Not Married 1726 38.9
    Defacto Relationship 465 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 5130 90.0
    New Zealand 33 0.6
    Papua New Guinea 57 1.0
    United Kingdom 339 5.9
    Other 34 0.6
    Others 105 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 3654 68.2
    No Religion 1652 30.8
    Buddhism 33 0.6
    Other Religious Groups 19 0.4
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 278 12.8
    $400-$599 328 15.1
    $600-$799 280 12.9
    $800-$999 216 10.0
    $1,500-$1,999 202 9.3
    Others 864 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2185 46.4
    Employed, worked full-time 1329 28.2
    Employed, worked part-time 840 17.8
    Unemployed, looking for work 183 3.9
    Employed, away from work 171 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 329 14.1
    Technicians & trades workers 391 16.7
    Community & personal service workers 287 12.3
    Clerical & administrative workers 277 11.8
    Labourers 293 12.5
    Others 764 32.6
    Occupation
    Census Count Percent(%)
    Pre-school 61 5.2
    Infants/Primary 452 38.8
    Secondary 351 30.1
    Technical or Further Educational Institution 175 15.0
    University or other Tertiary Institutions 93 8.0
    Others 33 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5005 89.7
    Semi-detached, row or terrace house, townhouse 415 7.4
    Flat, unit or apartment 123 2.2
    Caravan, cabin, houseboat 10 0.2
    House or flat attached to a shop, office 20 0.4
    Others 4 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 951 40.5
    Being purchased 720 30.6
    Rented 662 28.2
    Other tenure type 17 0.7
    Tenure Type
Census 2011, ABS
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