Suburb Profile Report for Lachlan TAS (7140)

Lachlan House: Median price $450,000, Annual capital growth 6.75%, Number of sales 17, Weekly median advertised rent N/A

  • 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

If you compare the increase in value of investment property in Lachlan, 7140 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 18.42%.

Taking the average capital gain, or increase in median house value, Lachlan,7140 has racked up an average of 18.42% over the period. This ranks it number 34th in the whole country for real estate investors looking at median house price increases.

At number 86th of TAS’s most discounted properties, Lachlan is in the TOP 10% of the state/territory when listing in order of most discounted to least.

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

Metrics i HOUSE UNIT
$450,000 N/A
-2.39% N/A
18.42% N/A
6.75% N/A
N/A N/A
17 N/A
N/A N/A
42.7333333333333 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 : Very good (H), Above average (U)
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Demographics
Total population 795
Median household income ($/weekly) 1212
Median age of persons 42
Median housing loan repayment ($/monthly) 1465
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 114 14.4
    25-34 years 71 8.9
    35-44 years 137 17.3
    45-54 years 164 20.7
    55-64 years 113 14.2
    Others 195 24.6
    Age Group
    Census Count Percent(%)
    Registered Married 360 58.8
    Not Married 176 28.8
    Defacto Relationship 76 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 659 87.1
    Greece 6 0.8
    Papua New Guinea 6 0.8
    United Kingdom 57 7.5
    Other 8 1.1
    Others 21 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 505 69.7
    No Religion 204 28.1
    Buddhism 11 1.5
    Other Religious Groups 5 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 29 10.9
    $1,000-$1,249 32 12.0
    $1,250-$1,499 23 8.6
    $1,500-$1,999 47 17.6
    $2,000-$2,499 31 11.6
    Others 105 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 233 37.8
    Not in the labour force 194 31.4
    Employed, worked part-time 136 22.0
    Employed, away from work 27 4.4
    Unemployed, looking for work 27 4.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 66 16.8
    Technicians & trades workers 70 17.8
    Community & personal service workers 57 14.5
    Clerical & administrative workers 51 12.9
    Labourers 44 11.2
    Others 106 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 6 3.6
    Infants/Primary 79 47.9
    Secondary 39 23.6
    Technical or Further Educational Institution 20 12.1
    University or other Tertiary Institutions 15 9.1
    Others 6 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 775 100.0
    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(%)
    Being purchased 159 54.6
    Fully owned 105 36.1
    Rented 27 9.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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