Suburb Profile Report for Wynyard TAS (7325)

Wynyard House: Median price $308,000, Annual capital growth 2.75%, Number of sales 117, Weekly median advertised rent $310

Wynyard Unit: Median price $245,000, Annual capital growth 3.07%, Number of sales 25, Weekly median advertised rent $250

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

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

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

When looking at the potential capital gains offered to property investors over the last 3 years, Wynyard comes in at number 94th 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 Wynyard, 7325. Typically our figures indicate that -5.72% is being offered, which puts this TAS suburb at 1820th most discounted overall in Australia.

With a capital gain of 10.11% for the last 12 months, Wynyard, 7325 has performed for property investments than its average annual 3.07% property growth over the last 5 years.

Across a shorter period, Wynyard, 7325 has seen a median price increase of 4.26% over the last quarter.

At number 3rd 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.

Advertised rents are around the $250 mark per week – giving a return of 5.31% based on the median price in Suburb

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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
$308,000 $245,000
-0.65% 4.26%
10.00% 10.11%
2.75% 3.07%
$310 $250
117 25
5.23% 5.31%
72.0945945945946 95.25

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

DSR Score for property investment : Good (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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