Suburb Profile Report for Orford TAS (7190)

Orford House: Median price $420,000, Annual capital growth 5.80%, Number of sales 20, Weekly median advertised rent $300

  • 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

Investment property in Orford has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.18%

If we look at median property appreciation over just the last three months, Orford has given property investors a paper return of 3.45%. This puts Suburb as 46 on a list of fastest fasting appreciating suburbs in TAS

In the last year 20 properties changed hands in Orford, which puts it as the 126th most active market in TAS when comparing the number of sales per suburb.

Advertised rents are around the $300 mark per week – giving a return of 3.71% based on the median price in Suburb

Metrics i HOUSE UNIT
$420,000 N/A
3.45% N/A
-1.18% N/A
5.80% N/A
$300 N/A
20 N/A
3.71% N/A
78.8461538461538 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 : Good (H), Good (U)
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Demographics
Total population 518
Median household income ($/weekly) 805
Median age of persons 57
Median housing loan repayment ($/monthly) 1300
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 43 8.3
    45-54 years 72 13.9
    55-64 years 105 20.3
    65-74 years 108 20.8
    75-84 years 43 8.3
    Others 147 28.4
    Age Group
    Census Count Percent(%)
    Registered Married 226 61.9
    Not Married 111 30.4
    Defacto Relationship 28 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 450 90.9
    New Zealand 5 1.0
    Philippines 5 1.0
    United Kingdom 23 4.6
    Other 5 1.0
    Others 7 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 355 73.8
    No Religion 117 24.3
    Other Religious Groups 6 1.2
    Buddhism 3 0.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 18 9.0
    $400-$599 43 21.4
    $600-$799 28 13.9
    $800-$999 38 18.9
    $1,000-$1,249 18 9.0
    Others 56 27.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 224 53.1
    Employed, worked full-time 89 21.1
    Employed, worked part-time 78 18.5
    Unemployed, looking for work 22 5.2
    Employed, away from work 9 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 37 21.3
    Professionals 23 13.2
    Technicians & trades workers 23 13.2
    Clerical & administrative workers 21 12.1
    Labourers 24 13.8
    Others 46 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 7 10.1
    Infants/Primary 35 50.7
    Secondary 8 11.6
    Technical or Further Educational Institution 7 10.1
    University or other Tertiary Institutions 9 13.0
    Others 3 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 401 89.7
    Semi-detached, row or terrace house, townhouse 18 4.0
    Flat, unit or apartment 16 3.6
    House or flat attached to a shop, office 12 2.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 99 48.8
    Being purchased 54 26.6
    Rented 47 23.2
    Other tenure type 3 1.5
    Tenure Type
Census 2011, ABS
Chart Table