Suburb Profile Report for Trevallyn TAS (7250)

Trevallyn House: Median price $357,500, Annual capital growth 2.86%, Number of sales 81, Weekly median advertised rent $340

Trevallyn Unit: Median price $260,000, Annual capital growth 7.35%, Number of sales 19, Weekly median advertised rent $235

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

Trevallyn is an average performer in TAS when comparing median price capital growth over the last year. Trevallyn gave property investors a average capital gain figure when compared to the rest of the state, with 10.00%.

A 27.68% growth in median value for property investors in Trevallyn,7250 puts this suburb at number 72th in terms of best performing suburbs 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 Trevallyn, 7250. Typically our figures indicate that -6.04% is being offered, which puts this TAS suburb at 1560th most discounted overall in Australia.

Residents and property investors in Trevallyn have been waiting around 59.75 days to sell a property.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 2.86%, investors should hope to achieve an overall return of 4.95%

At number 19th in the list of Australian suburbs ordered by increase in median house value over the last year, Trevallyn, 7250 is in the top 10% with a property value increase of 36.84% recorded in median house prices.

Comparing Trevallyn,7250 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Trevallyn, 7250 is offering TAS ‘s 37th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this TAS.

Renters in Suburb are facing rents around $12220 per annum or $235 every week.

Information supplied by:


February 2018

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A suburb of Launceston, Trevallyn’s housing stock went from 50 down to 40 in the 12 months leading up to November 2017, as per Real Estate InvestarFull summary

Launceston suburb experiences housing drop

Postcode: 7250

Median house price: $329,500

Stock on market: -20.4%

12-month growth: 8.0%

A suburb of Launceston, Trevallyn’s housing stock went from 50 down to 40 in the 12 months leading up to November 2017, as per Real Estate Investar.

This supply situation has certainly not hurt Trevallyn’s prospects, as house prices increased by 8% in that period to continue a five-year trend. Rental returns are fairly strong at 5.3% as well, and it could represent a good deal for investors.

Cataract Gorge and the Trevallyn are found in this suburb. Since it is just 1km from Launceston, residents can easily access the many amenities in the city, including its lively arts and entertainment scene, sports facilities and hospital. Travel from Trevallyn is also convenient because of its proximity to the Launceston Airport and to several highways.

Close
Metrics i HOUSE UNIT
$357,500 $260,000
2.44% 20.23%
10.00% 36.84%
2.86% 7.35%
$340 $235
81 19
4.95% 4.70%
59.75 45.5

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Trevallyn TAS
Demographics
Total population 4638
Median household income ($/weekly) 1214
Median age of persons 38
Median housing loan repayment ($/monthly) 1454
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 566 12.2
    25-34 years 582 12.5
    35-44 years 690 14.9
    45-54 years 680 14.7
    55-64 years 592 12.8
    Others 1528 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 1776 51.0
    Not Married 1346 38.6
    Defacto Relationship 361 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3881 86.1
    New Zealand 33 0.7
    Papua New Guinea 43 1.0
    United Kingdom 295 6.5
    Other 70 1.6
    Others 184 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 1.0
    Christianity 2685 62.3
    Islam 9 0.2
    Other Religious Groups 14 0.3
    No Religion 1542 35.8
    Others 18 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 171 10.2
    $800-$999 183 11.0
    $1,000-$1,249 161 9.6
    $1,500-$1,999 220 13.2
    $2,000-$2,499 169 10.1
    Others 766 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1451 39.4
    Not in the labour force 1098 29.8
    Employed, worked part-time 872 23.7
    Employed, away from work 137 3.7
    Unemployed, looking for work 121 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 305 12.4
    Professionals 727 29.5
    Technicians & trades workers 327 13.3
    Community & personal service workers 262 10.6
    Clerical & administrative workers 332 13.5
    Others 509 20.7
    Occupation
    Census Count Percent(%)
    Pre-school 39 3.3
    Infants/Primary 410 34.2
    Secondary 334 27.9
    Technical or Further Educational Institution 116 9.7
    University or other Tertiary Institutions 268 22.4
    Others 32 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4141 93.2
    Semi-detached, row or terrace house, townhouse 164 3.7
    Flat, unit or apartment 136 3.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 680 38.1
    Fully owned 648 36.3
    Rented 452 25.3
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals