Suburb Profile Report for South Arm TAS (7022)

South Arm House: Median price $510,000, Annual capital growth 6.69%, Number of sales 23, Weekly median advertised rent $410

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

TAS has seen average median house prices change by 7.30% which means that South Arm, 7022 has done well for property investors by showing a capital gain of 35.10% over the last year

Comparing South Arm,7022 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Situated 17.69km from the CBD, South Arm is one of Clarence (C) localities in the postcode 7022.

Metrics	HOUSE	UNIT
Median price	$510,000	N/A
Quarterly growth	2.00%	N/A
12-month growth	35.10%	N/A
Average Annual Growth	6.69%	N/A
Weekly median advertised rent	$410	N/A
Number of sales	23	N/A
Gross rental yield	4.18%	N/A
Days on market	47.3529411764706	N/A

Your estimated repayment
$1,973.20/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 : Very 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