Suburb Profile Report for Zeehan TAS (7469)

Zeehan House: Median price $66,000, Annual capital growth -2.16%, Number of sales 32, Weekly median advertised rent $140

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Zeehan, 7469 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 20.00%.

When looking at the potential capital gains offered to property investors over the last 3 years, Zeehan comes in at number 119th in TAS.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Zeehan, 7469. Typically our figures indicate that -12.12% is being offered, which puts this TAS suburb at 176th most discounted overall in Australia.

Residents and property investors in Zeehan have been waiting around 96.84 days to sell a property.

With the median price for a house in Zeehan being $66000 and the advertised rent reaching $140 the gross rental yield for property investors calculates out to be 11.03%

HOUSE UNIT
$66,000 N/A
9.09% N/A
20.00% N/A
-2.16% N/A
$140 N/A
32 N/A
11.03% N/A
96.84 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
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Demographics
Total population 727
Median household income ($/weekly) 1018
Median age of persons 36
Median housing loan repayment ($/monthly) 720
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 98 13.4
    25-34 years 110 15.1
    35-44 years 117 16.0
    45-54 years 112 15.4
    55-64 years 79 10.8
    Others 213 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 202 39.5
    Not Married 197 38.5
    Defacto Relationship 113 22.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 640 93.2
    United Kingdom 26 3.8
    Papua New Guinea 11 1.6
    Other 7 1.0
    China 3 0.4
    Others 0 0.0
    Country of Birth
    Census Count Percent(%)
    Christianity 444 68.8
    No Religion 192 29.8
    Other Religious Groups 6 0.9
    Buddhism 3 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 29 11.4
    $400-$599 29 11.4
    $600-$799 32 12.6
    $1,500-$1,999 35 13.8
    $2,500-$2,999 24 9.4
    Others 105 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 200 36.8
    Employed, worked full-time 192 35.4
    Employed, worked part-time 83 15.3
    Employed, away from work 36 6.6
    Unemployed, looking for work 32 5.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 46 14.7
    Community & personal service workers 34 10.9
    Clerical & administrative workers 26 8.3
    Machinery operators & drivers 89 28.4
    Labourers 63 20.1
    Others 55 17.6
    Occupation
    Census Count Percent(%)
    Pre-school 9 6.2
    Infants/Primary 69 47.6
    Secondary 38 26.2
    Technical or Further Educational Institution 20 13.8
    University or other Tertiary Institutions 6 4.1
    Others 3 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 637 95.2
    Flat, unit or apartment 19 2.8
    House or flat attached to a shop, office 13 1.9
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 103 36.4
    Being purchased 92 32.5
    Rented 85 30.0
    Other tenure type 3 1.1
    Tenure Type
Census 2011, ABS
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