Suburb Profile Report for Wynyard TAS (7325)

Wynyard House: Median price $310,000, Annual capital growth 2.84%, Number of sales 125, Weekly median advertised rent $300

Wynyard Unit: Median price $240,000, Annual capital growth 3.26%, Number of sales 30, Weekly median advertised rent $250

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

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
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Wynyard, 7325 ranked 59th in TAS when comparing growth in median property values or capital gain over the last 12 months. Wynyard is one of 606 in our list for TAS

Wynyard,7325 was ranked 474 in Australia by increase in median property value over the quarter.

At number 28th of TAS’s most discounted properties, Wynyard is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.84%, investors should hope to achieve an overall return of 5.03%

Property value increases in Wynyard have tracked close to the TAS average of 6.48% over the last 12 months.

If we look at median property appreciation over just the last three months, Wynyard has given property investors a paper return of 0.00%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in TAS

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.40% offered to property buyers. Sellers in Wynyard itself are offering an average vendor discount of -6.86% to real estate investors.

Residents and property investors in Wynyard have been waiting around 117.2 days to sell a property.

Advertised rents are around the $250 mark per week – giving a return of 5.42% based on the median price in Suburb

Information supplied by:




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Wynyard, TAS – More properties hit the market

Postcode: 7325

Median house price: $296,000

Stock on market: 48.6%

12-month growth: 5.7%

The site of the Table Cape, Wynyard is where you want to be for scenery, sand and sea. The suburb lies at the mouth of the Inglis River, and it is a favourite spot for river fishing, kayaking and leisurely walks.

Table Cape provides scintillating views from its lookout, and in the spring, fields of tulips delight the eye. Fossil Bluff has long been a hotbed of rare fossils that offer insight into the history of this area. Great coffee can be had at one of the many local cafes in town, and the local market serves up local goods two Sundays a month. Being near the Bass Highway, it has an ideal location for regular travel.

 

Metrics i HOUSE UNIT
$310,000 $240,000
6.16% 0.00%
10.71% 8.11%
2.84% 3.26%
$300 $250
125 30
5.03% 5.42%
86.671052631579 117.2

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Wynyard TAS
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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