Suburb Profile Report for Trevallyn TAS (7250)

Trevallyn House: Median price $384,500, Annual capital growth 3.13%, Number of sales 81, Weekly median advertised rent $380

Trevallyn Unit: Median price $266,500, Annual capital growth 2.95%, Number of sales 15, Weekly median advertised rent $260

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

With a capital gain of 9.83% for the last 12 months, Trevallyn, 7250 has performed for property investments than its average annual 3.13% property growth over the last 5 years.

A 21.48% growth in median value for property investors in Trevallyn,7250 puts this suburb at number 38th in terms of best performing suburbs in TAS

The most recent median price for Trevallyn is $384500, with sellers offering an average of -4.77% off the asking price.

Property investors should expect to get $380 weekly from the median priced house in this suburb.

Investment property in Trevallyn has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.95%

Trevallyn,7250 was ranked 864 in Australia by increase in median property value over the quarter.

Advertised rents are around the $260 mark per week – giving a return of 5.07% based on the median price in Suburb

Information supplied by:




M
O

W
E

Trevallyn, TAS – Tourist destinations bring Launceston to life

Postcode: 7250

Median unit price: $282,500

Three-year growth: 17.7%

Rental yield: 4.6%

The suburb of Trevallyn sits in the northwestern part of Launceston just north of the South Esk River. It is known for being the home of Cataract Gorge.

Also known as The Gorge, Cataract Gorge offers both nature and convenient amenities – it has a swimming pool, a restaurant, café and a suspension bridge leading to stunning scenic views. It is also where the world’s longest single-span chairlift is located. To add some natural charm, peacocks can be found wandering this area.

The Queen Victoria Museum and Art Gallery has an expansive collection of artwork and historical artefacts from Tasmania. These spots help contribute to Trevallyn’s thriving unit market.

Metrics i HOUSE UNIT
$384,500 $266,500
4.48% 0.00%
9.83% 22.95%
3.13% 2.95%
$380 $260
81 15
5.14% 5.07%
41.4603174603175 82.8

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : 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
Chart Table