Suburb Profile Report for Huonville TAS (7109)

Huonville House: Median price $435,000, Annual capital growth 6.01%, Number of sales 68, Weekly median advertised rent $420

Huonville Unit: Median price $277,500, Annual capital growth 2.38%, Number of sales 18, Weekly median advertised rent $300

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Huonville has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 30.83% to date .

While Huonville,7109 ranked number 66th in TAS for increase in median house value (annualised) increase, it is ranked 50th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.59% offered to property buyers. Sellers in Huonville itself are offering an average vendor discount of -3.84% to real estate investors.

Property investors should expect to get $420 weekly from the median priced house in this suburb.

Property investors who have had real estate in Huonville, 7109 should be relatively unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.19%

A 42.31% growth in median value for property investors in Huonville,7109 puts this suburb at number 63th in terms of best performing suburbs in TAS

At number 17 in a list of fastest selling suburbs, Huonville is in the TOP 10% of suburbs in Australia with an average of days on market 31.7143 for properties listed there.

Situated 27.90km from the CBD, Huonville is one of Huon Valley (M) localities in the postcode 7109.

Metrics i HOUSE UNIT
$435,000 $277,500
2.23% -2.63%
30.83% -7.19%
6.01% 2.38%
$420 $300
68 18
5.02% 5.62%
59.8510638297872 31.7142857142857

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 2538
Median household income ($/weekly) 869
Median age of persons 40
Median housing loan repayment ($/monthly) 1444
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 335 13.2
    25-34 years 278 11.0
    35-44 years 370 14.6
    45-54 years 323 12.7
    55-64 years 320 12.6
    Others 912 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 901 47.7
    Not Married 777 41.2
    Defacto Relationship 210 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2148 88.1
    Greece 18 0.7
    Papua New Guinea 15 0.6
    United Kingdom 163 6.7
    Other 35 1.4
    Others 59 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1488 63.9
    No Religion 812 34.9
    Buddhism 16 0.7
    Other Religious Groups 10 0.4
    Judaism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 95 10.5
    $400-$599 121 13.4
    $600-$799 139 15.3
    $800-$999 109 12.0
    $1,500-$1,999 96 10.6
    Others 346 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 847 43.0
    Employed, worked full-time 607 30.8
    Employed, worked part-time 370 18.8
    Unemployed, looking for work 75 3.8
    Employed, away from work 71 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 120 11.5
    Professionals 119 11.4
    Technicians & trades workers 167 15.9
    Clerical & administrative workers 145 13.8
    Labourers 196 18.7
    Others 301 28.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 221 44.6
    Secondary 146 29.4
    Technical or Further Educational Institution 49 9.9
    University or other Tertiary Institutions 38 7.7
    Other type of educational institution 23 4.6
    Others 19 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2304 94.2
    Semi-detached, row or terrace house, townhouse 100 4.1
    Flat, unit or apartment 21 0.9
    House or flat attached to a shop, office 18 0.7
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 360 36.7
    Being purchased 332 33.9
    Rented 281 28.7
    Other tenure type 7 0.7
    Tenure Type
Census 2011, ABS
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