Suburb Profile Report for Herdsmans Cove TAS (7030)

Herdsmans Cove House: Median price $210,000, Annual capital growth 4.87%, Number of sales 31, Weekly median advertised rent $305

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

Over the last year, property investments in Herdsmans Cove, 7030 have given investors a capital gain of 26.51%. This compares very favourably with the 11.04% for TAS as a whole.

Over the longer term, Herdsmans Cove has seen property prices show investors a 59.09% return over the last 3 years. This is worse than over the last 12 months

The TAS suburb of Herdsmans Cove, 7030 is in the Brighton (M) local government area.

Metrics	HOUSE	UNIT
Median price	$210,000	N/A
Quarterly growth	0.00%	N/A
12-month growth	26.51%	N/A
Average Annual Growth	4.87%	N/A
Weekly median advertised rent	$305	N/A
Number of sales	31	N/A
Gross rental yield	7.55%	N/A
Days on market	24.545454	N/A

Your estimated repayment
$849.18/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 : Very 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