Suburb Profile Report for South Arm TAS (7022)

South Arm House: Median price $480,000, Annual capital growth 6.70%, Number of sales 28, Weekly median advertised rent $330

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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House Report

Property investors who have had real estate in South Arm, 7022 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 23.08%

South Arm,7022 was ranked 17 in Australia by increase in median property value over the quarter.

The most recent median price for South Arm is $480000, with sellers offering an average of -4.51% off the asking price.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of 6.70%, investors should hope to achieve an overall return of 3.58%

Metrics	HOUSE	UNIT
Median price	$480,000	N/A
Quarterly growth	27.15%	N/A
12-month growth	23.08%	N/A
Average Annual Growth	6.70%	N/A
Weekly median advertised rent	$330	N/A
Number of sales	28	N/A
Gross rental yield	3.58%	N/A
Days on market	70.87	N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

Your estimated repayment
$1,940.98/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.59% interest rate.

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

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Demographics

Total population	833
Median household income ($/weekly)	1068
Median age of persons	40
Median housing loan repayment ($/monthly)	1300
Average household size	2.4

Census	Count	Percent(%)
5-14 years	119	14.3
25-34 years	76	9.1
35-44 years	121	14.5
45-54 years	139	16.7
55-64 years	142	17.0
Others	237	28.4

Age Group

Census	Count	Percent(%)
Registered Married	307	50.6
Not Married	205	33.8
Defacto Relationship	95	15.7

Social Marital Status

Census	Count	Percent(%)
Australia	715	90.6
Greece	5	0.6
Papua New Guinea	9	1.1
United Kingdom	38	4.8
Other	6	0.8
Others	16	2.0

Country of Birth

Census	Count	Percent(%)
Christianity	482	63.8
No Religion	257	34.0
Buddhism	14	1.9
Judaism	3	0.4
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$400-$599	39	12.5
$600-$799	38	12.2
$800-$999	33	10.6
$1,000-$1,249	33	10.6
$1,500-$1,999	43	13.8
Others	125	40.2

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	238	37.0
Not in the labour force	222	34.5
Employed, worked part-time	126	19.6
Unemployed, looking for work	29	4.5
Employed, away from work	28	4.4

Person Characteristics

Census	Count	Percent(%)
Managers	51	13.0
Professionals	80	20.5
Technicians & trades workers	64	16.4
Community & personal service workers	45	11.5
Clerical & administrative workers	65	16.6
Others	86	22.0

Occupation

Census	Count	Percent(%)
Infants/Primary	93	46.7
Secondary	42	21.1
Technical or Further Educational Institution	19	9.5
University or other Tertiary Institutions	36	18.1
Other type of educational institution	6	3.0
Others	3	1.5

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	772	99.2
Caravan, cabin, houseboat	3	0.4
House or flat attached to a shop, office	3	0.4
Semi-detached, row or terrace house, townhouse	0	0.0
Flat, unit or apartment	0	0.0
Others	0	0.0