Suburb Profile Report for Orford TAS (7190)

Orford House: Median price $485,000, Annual capital growth 8.76%, Number of sales 35, Weekly median advertised rent $370

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. 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 Orford, 7190 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 14.12%.

Over the longer term, Orford has seen property prices show investors a 22.78% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Orford 7190 should be seeing an average reduction in asking price of around -7.59% . This means that Orford is holding prices well when compared to other suburbs in TAS.

Orford is 87th on a list of best yielding suburbs for rents in TAS with a 3.97% return

Metrics i HOUSE UNIT
$485,000 N/A
2.86% N/A
14.12% N/A
8.76% N/A
$370 N/A
35 N/A
3.97% N/A
49.5 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
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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
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