Suburb Profile Report for Glen Huon TAS (7109)

Glen Huon House: Median price $340,000, Annual capital growth 3.28%, Number of sales 17, Weekly median advertised rent $388

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

Over the last year, property investments in Glen Huon, 7109 have given investors a capital gain of -1.45%. This compares very badly with the 10.86% for TAS as a whole.

Glen Huon,7109 was ranked 3868 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Glen Huon is offering property investors an average of -6.12. This rate of discount on properties puts Suburb at number 103th in terms of most discounted suburbs in TAS

On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.

With the median price for a house in Glen Huon being $340000 and the advertised rent reaching $387.5 the gross rental yield for property investors calculates out to be 5.93%

Metrics i HOUSE UNIT
$340,000 N/A
-4.90% N/A
-1.45% N/A
3.28% N/A
$388 N/A
17 N/A
5.93% N/A
51 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.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 617
Median household income ($/weekly) 931
Median age of persons 35
Median housing loan repayment ($/monthly) 1343
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 123 19.9
    25-34 years 53 8.6
    35-44 years 95 15.4
    45-54 years 86 13.9
    55-64 years 71 11.5
    Others 190 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 236 56.2
    Not Married 140 33.3
    Defacto Relationship 44 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 523 87.6
    Papua New Guinea 5 0.8
    United Kingdom 39 6.5
    United States of America 14 2.3
    Other 7 1.2
    Others 9 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 367 64.2
    No Religion 199 34.8
    Buddhism 3 0.5
    Other Religious Groups 3 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 25 12.6
    $600-$799 27 13.6
    $800-$999 25 12.6
    $1,000-$1,249 27 13.6
    $1,500-$1,999 32 16.2
    Others 62 31.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 183 41.3
    Employed, worked full-time 130 29.3
    Employed, worked part-time 103 23.3
    Employed, away from work 14 3.2
    Unemployed, looking for work 13 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 27 10.8
    Professionals 29 11.6
    Technicians & trades workers 36 14.4
    Clerical & administrative workers 42 16.8
    Labourers 39 15.6
    Others 77 30.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 86 57.0
    Secondary 53 35.1
    Technical or Further Educational Institution 6 4.0
    University or other Tertiary Institutions 6 4.0
    Pre-school 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 596 98.8
    Caravan, cabin, houseboat 4 0.7
    Flat, unit or apartment 3 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 101 47.2
    Fully owned 70 32.7
    Rented 37 17.3
    Other tenure type 6 2.8
    Tenure Type
Census 2011, ABS
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