Suburb Profile Report for Herdsmans Cove TAS (7030)

Herdsmans Cove House: Median price $208,000, Annual capital growth 4.26%, Number of sales 27, Weekly median advertised rent $298

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic What is the right investment loan for you? Find out now

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House Report

Over the last year, property investments in Herdsmans Cove, 7030 have given investors a capital gain of 27.22%. This compares very favourably with the 11.10% for TAS as a whole.

Over the longer term, Herdsmans Cove has seen property prices show investors a 60.00% return over the last 3 years. This is worse than over the last 12 months

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.10% offered to property buyers. Sellers in Herdsmans Cove itself are offering an average vendor discount of -2.56% to real estate investors.

Metrics	HOUSE	UNIT
Median price	$208,000	N/A
Quarterly growth	15.56%	N/A
12-month growth	27.22%	N/A
Average Annual Growth	4.26%	N/A
Weekly median advertised rent	$298	N/A
Number of sales	27	N/A
Gross rental yield	7.44%	N/A
Days on market	N/A	N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

Your estimated repayment
$841.09/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), Above average (U)

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Demographics

Total population	1134
Median household income ($/weekly)	675
Median age of persons	25
Median housing loan repayment ($/monthly)	879
Average household size	3

Census	Count	Percent(%)
0-4 years	137	12.1
5-14 years	246	21.7
25-34 years	172	15.2
35-44 years	136	12.0
45-54 years	112	9.9
Others	330	29.1

Age Group

Census	Count	Percent(%)
Not Married	339	51.8
Registered Married	191	29.2
Defacto Relationship	125	19.1

Social Marital Status

Census	Count	Percent(%)
Australia	967	97.9
United Kingdom	12	1.2
Poland	5	0.5
Other	4	0.4
Bosnia and Herzegovina	0	0.0
Others	0	0.0

Country of Birth

Census	Count	Percent(%)
Christianity	594	63.7
No Religion	339	36.3
Buddhism	0	0.0
Hinduism	0	0.0
Islam	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$200-$299	31	10.0
$300-$399	45	14.6
$400-$599	56	18.1
$600-$799	41	13.3
$800-$999	36	11.7
Others	100	32.4

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	373	55.4
Employed, worked full-time	135	20.1
Employed, worked part-time	76	11.3
Unemployed, looking for work	66	9.8
Employed, away from work	23	3.4

Person Characteristics

Census	Count	Percent(%)
Technicians & trades workers	31	12.9
Community & personal service workers	31	12.9
Sales	25	10.4
Machinery operators & drivers	34	14.2
Labourers	73	30.4
Others	46	19.2

Occupation

Census	Count	Percent(%)
Pre-school	17	6.1
Infants/Primary	144	51.6
Secondary	83	29.7
Technical or Further Educational Institution	26	9.3
Other type of educational institution	6	2.2
Others	3	1.1

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1005	97.7
Flat, unit or apartment	24	2.3
Semi-detached, row or terrace house, townhouse	0	0.0
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0