Suburb Profile Report for Battery Point TAS (7004)

Battery Point House: Median price $1,250,000, Annual capital growth 6.63%, Number of sales 29, Weekly median advertised rent $650

Battery Point Unit: Median price $459,000, Annual capital growth 5.21%, Number of sales 51, Weekly median advertised rent $500

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report
Unit Report

Battery Point has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 13.64% to date .

A 40.45% growth in median value for property investors in Battery Point,7004 puts this suburb at number 8th in terms of best performing suburbs in TAS

Renters in Suburb are facing rents around $33800 per annum or $650 every week.

With a capital gain of -38.88% for the last 12 months, Battery Point, 7004 has performed for property investments than its average annual 5.21% property growth over the last 5 years.

Battery Point,7004 was ranked 1493 in Australia by increase in median property value over the quarter.

Battery Point is 22th on a list of best yielding suburbs for rents in TAS with a 5.66% return

Metrics	HOUSE	UNIT
Median price	$1,250,000	$459,000
Quarterly growth	14.89%	-11.73%
12-month growth	13.64%	-38.88%
Average Annual Growth	6.63%	5.21%
Weekly median advertised rent	$650	$500
Number of sales	29	51
Gross rental yield	2.70%	5.66%
Days on market	29.3333333333333	29.7037037037037

Your estimated repayment
$4,836.26/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Above average (H), Good (U)

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Demographics

Total population	2096
Median household income ($/weekly)	1376
Median age of persons	41
Median housing loan repayment ($/monthly)	1400
Average household size	2.1

Census	Count	Percent(%)
20-24 years	284	13.5
25-34 years	346	16.5
45-54 years	229	10.9
55-64 years	346	16.5
65-74 years	235	11.2
Others	656	31.3

Age Group

Census	Count	Percent(%)
Not Married	784	48.4
Registered Married	637	39.3
Defacto Relationship	199	12.3

Social Marital Status

Census	Count	Percent(%)
Australia	1508	77.2
Indonesia	36	1.8
Papua New Guinea	23	1.2
United Kingdom	136	7.0
Other	61	3.1
Others	189	9.7

Country of Birth

Census	Count	Percent(%)
Buddhism	38	2.1
Christianity	896	48.6
Hinduism	28	1.5
Islam	31	1.7
No Religion	830	45.1
Others	19	1.0

Religious Affiliation

Census	Count	Percent(%)
$400-$599	92	11.0
$1,000-$1,249	74	8.9
$1,250-$1,499	68	8.1
$1,500-$1,999	109	13.1
$2,500-$2,999	103	12.3
Others	389	46.6

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	639	36.4
Not in the labour force	580	33.1
Employed, worked part-time	406	23.1
Employed, away from work	71	4.0
Unemployed, looking for work	58	3.3

Person Characteristics

Census	Count	Percent(%)
Managers	156	13.9
Professionals	472	42.1
Community & personal service workers	133	11.9
Clerical & administrative workers	156	13.9
Sales	75	6.7
Others	128	11.4

Occupation

Census	Count	Percent(%)
Pre-school	16	3.5
Infants/Primary	87	19.1
Secondary	59	12.9
Technical or Further Educational Institution	34	7.5
University or other Tertiary Institutions	244	53.5
Others	16	3.5

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	810	43.4
Flat, unit or apartment	584	31.3
Semi-detached, row or terrace house, townhouse	450	24.1
House or flat attached to a shop, office	21	1.1
Caravan, cabin, houseboat	0	0.0
Others	0	0.0