Suburb Profile Report for Wynyard TAS (7325)

Wynyard House: Median price $229,500, Annual capital growth 3.60%, Number of sales 108, Weekly median advertised rent $270

Wynyard Unit: Median price $235,000, Annual capital growth 4.76%, Number of sales 28, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Wynyard has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.70%

Wynyard,7325 has offered an average of -10.70% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Wynyard is giving property investors an average Vendor Discount of around -7.36%. This puts suburb at number 54th in TAS when ranking the most discounted suburbs.

Property investors should expect to get $270 weekly from the median priced house in this suburb.

Wynyard has had a quite poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -4.08% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Wynyard comes in at number 18th in TAS.

At number 38th of TAS’s most discounted properties, Wynyard is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Metrics i HOUSE UNIT
$229,500 $235,000
-3.16% -7.84%
-10.70% -4.08%
3.60% 4.76%
$270 $245
108 28
6.12% 5.42%
85.75 78.33

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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