Suburb Profile Report for Forcett TAS (7173)

Forcett House: Median price $460,000, Annual capital growth 4.71%, Number of sales 13, Weekly median advertised rent N/A

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

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

  • House Report

Investment property in Forcett has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.77%

Taking the average capital gain, or increase in median house value, Forcett,7173 has racked up an average of 16.77% over the period. This ranks it number 825th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Forcett is giving property investors an average Vendor Discount of around -7.74%. This puts suburb at number 44th in TAS when ranking the most discounted suburbs.

Situated 26.15km from the CBD, Forcett is one of Sorell (M) localities in the postcode 7173.

Metrics i HOUSE UNIT
$460,000 N/A
3.37% N/A
12.20% N/A
4.71% N/A
N/A N/A
13 N/A
N/A N/A
63.333332 N/A

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

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 634
Median household income ($/weekly) 1152
Median age of persons 40
Median housing loan repayment ($/monthly) 1450
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 99 15.6
    25-34 years 82 12.9
    35-44 years 96 15.1
    45-54 years 108 17.0
    55-64 years 87 13.7
    Others 163 25.7
    Age Group
    Census Count Percent(%)
    Registered Married 233 54.7
    Not Married 131 30.8
    Defacto Relationship 62 14.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 544 92.5
    India 3 0.5
    New Zealand 3 0.5
    United Kingdom 22 3.7
    Other 10 1.7
    Others 6 1.0
    Country of Birth
    Census Count Percent(%)
    Christianity 380 67.5
    No Religion 180 32.0
    Buddhism 3 0.5
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 16 8.7
    $600-$799 25 13.7
    $1,000-$1,249 27 14.8
    $1,500-$1,999 34 18.6
    $2,000-$2,499 18 9.8
    Others 63 34.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 183 40.0
    Not in the labour force 123 26.9
    Employed, worked part-time 104 22.7
    Employed, away from work 25 5.5
    Unemployed, looking for work 23 5.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 35 11.3
    Professionals 47 15.1
    Technicians & trades workers 55 17.7
    Clerical & administrative workers 59 19.0
    Labourers 32 10.3
    Others 83 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 11 8.0
    Infants/Primary 65 47.4
    Secondary 34 24.8
    Technical or Further Educational Institution 17 12.4
    University or other Tertiary Institutions 7 5.1
    Others 3 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 551 99.1
    Flat, unit or apartment 5 0.9
    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
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 124 58.8
    Fully owned 70 33.2
    Rented 17 8.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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