Suburb Profile Report for Sandford TAS (7020)

Sandford House: Median price $940,000, Annual capital growth -1.69%, Number of sales 22, Weekly median advertised rent $320

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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At number 2385th in the list of Australian suburbs ordered by increase in median house value over the last year, Sandford, 7020 is in the top half with a property value increase of 14.35% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sandford has fallen somewhat when compared to the 5 year average annual rate.

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 Sandford, 7020. Typically our figures indicate that -5.86% is being offered, which puts this TAS suburb at 367th most discounted overall in Australia.

Sandford, 7020’s gross rental yield is 6.96%

Metrics i HOUSE UNIT
$940,000 N/A
7.66% N/A
14.35% N/A
-1.69% N/A
$320 N/A
22 N/A
6.96% N/A
61.1290322580645 N/A

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. 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 1902
Median household income ($/weekly) 1607
Median age of persons 40
Median housing loan repayment ($/monthly) 1509
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 265 13.9
    15-19 years 167 8.8
    35-44 years 297 15.6
    45-54 years 403 21.2
    55-64 years 271 14.2
    Others 499 26.2
    Age Group
    Census Count Percent(%)
    Registered Married 792 57.3
    Not Married 426 30.8
    Defacto Relationship 165 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1622 88.7
    Greece 17 0.9
    United Kingdom 106 5.8
    United States of America 11 0.6
    Other 17 0.9
    Others 55 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.6
    Christianity 1089 61.9
    Hinduism 3 0.2
    Other Religious Groups 12 0.7
    No Religion 641 36.4
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 52 9.3
    $1,000-$1,249 57 10.2
    $1,500-$1,999 95 17.1
    $2,000-$2,499 76 13.6
    $2,500-$2,999 58 10.4
    Others 219 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 626 42.5
    Employed, worked part-time 364 24.7
    Not in the labour force 360 24.4
    Employed, away from work 87 5.9
    Unemployed, looking for work 36 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 144 13.3
    Professionals 219 20.3
    Technicians & trades workers 216 20.0
    Community & personal service workers 96 8.9
    Clerical & administrative workers 179 16.6
    Others 226 20.9
    Occupation
    Census Count Percent(%)
    Pre-school 17 3.7
    Infants/Primary 175 38.3
    Secondary 133 29.1
    Technical or Further Educational Institution 59 12.9
    University or other Tertiary Institutions 62 13.6
    Others 11 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1774 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    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 374 59.8
    Fully owned 213 34.1
    Rented 34 5.4
    Other tenure type 4 0.6
    Tenure Type
Census 2011, ABS
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