Suburb Profile Report for Opossum Bay TAS (7023)

Opossum Bay House: Median price $575,000, Annual capital growth 11.55%, Number of sales 15, Weekly median advertised rent $595

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

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

  • House Report

Investment property in Opossum Bay has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.86%

Taking the average capital gain, or increase in median house value, Opossum Bay,7023 has racked up an average of 13.86% over the period. This ranks it number 74th in the whole country for real estate investors looking at median house price increases.

On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.

Situated 13.56km from the CBD, Opossum Bay is one of Clarence (C) localities in the postcode 7023.

Metrics i HOUSE UNIT
$575,000 N/A
-0.86% N/A
13.86% N/A
11.55% N/A
$595 N/A
15 N/A
5.38% N/A
30.3 N/A

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

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Opossum Bay TAS
Demographics
Total population 327
Median household income ($/weekly) 883
Median age of persons 50
Median housing loan repayment ($/monthly) 1766
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 35 10.7
    35-44 years 43 13.1
    45-54 years 61 18.6
    55-64 years 77 23.5
    65-74 years 42 12.8
    Others 70 21.3
    Age Group
    Census Count Percent(%)
    Registered Married 139 57.2
    Not Married 66 27.2
    Defacto Relationship 38 15.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 264 85.2
    Croatia 3 1.0
    Malta 3 1.0
    United Kingdom 28 9.0
    Other 6 1.9
    Others 6 1.9
    Country of Birth
    Census Count Percent(%)
    Christianity 192 65.1
    No Religion 99 33.6
    Buddhism 4 1.4
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 13 11.2
    $400-$599 14 12.1
    $600-$799 19 16.4
    $1,000-$1,249 11 9.5
    $1,500-$1,999 19 16.4
    Others 40 34.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 109 40.5
    Employed, worked full-time 75 27.9
    Employed, worked part-time 55 20.4
    Unemployed, looking for work 18 6.7
    Employed, away from work 12 4.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 22 15.4
    Professionals 37 25.9
    Technicians & trades workers 19 13.3
    Community & personal service workers 15 10.5
    Clerical & administrative workers 20 14.0
    Others 30 21.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 23 46.9
    Secondary 15 30.6
    Pre-school 6 12.2
    University or other Tertiary Institutions 5 10.2
    Technical or Further Educational Institution 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 297 100.0
    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(%)
    Fully owned 54 42.2
    Being purchased 53 41.4
    Rented 21 16.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table