Suburb Profile Report for Scamander TAS (7215)

Scamander House: Median price $380,000, Annual capital growth 8.51%, Number of sales 25, Weekly median advertised rent $300

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Investment property in Scamander 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 20.63%

If we look at median property appreciation over just the last three months, Scamander has given property investors a paper return of -2.56%. This puts Suburb as 161 on a list of fastest fasting appreciating suburbs in TAS

Vendor discounting in Scamander is giving property investors an average Vendor Discount of around -3.20%. This puts suburb at number 50th in TAS when ranking the most discounted suburbs.

The TAS suburb of Scamander, 7215 is in the Break O'Day (M) local government area.

Metrics	HOUSE	UNIT
Median price	$380,000	N/A
Quarterly growth	-2.56%	N/A
12-month growth	20.63%	N/A
Average Annual Growth	8.51%	N/A
Weekly median advertised rent	$300	N/A
Number of sales	25	N/A
Gross rental yield	4.11%	N/A
Days on market	158.733333333333	N/A

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

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Demographics

Total population	718
Median household income ($/weekly)	682
Median age of persons	46
Median housing loan repayment ($/monthly)	1200
Average household size	2.2

Census	Count	Percent(%)
5-14 years	84	11.7
35-44 years	87	12.1
45-54 years	113	15.7
55-64 years	119	16.6
65-74 years	90	12.5
Others	225	31.3

Age Group

Census	Count	Percent(%)
Registered Married	268	53.1
Not Married	172	34.1
Defacto Relationship	65	12.9

Social Marital Status

Census	Count	Percent(%)
Australia	607	88.7
China	3	0.4
Greece	8	1.2
United Kingdom	40	5.8
Other	11	1.6
Others	15	2.2

Country of Birth

Census	Count	Percent(%)
Christianity	418	64.7
No Religion	211	32.7
Buddhism	10	1.5
Other Religious Groups	7	1.1
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	37	13.7
$400-$599	43	15.9
$600-$799	35	13.0
$800-$999	29	10.7
$1,000-$1,249	23	8.5
Others	103	38.1

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	259	45.9
Employed, worked full-time	136	24.1
Employed, worked part-time	113	20.0
Unemployed, looking for work	33	5.9
Employed, away from work	23	4.1

Person Characteristics

Census	Count	Percent(%)
Managers	38	14.0
Professionals	31	11.4
Technicians & trades workers	51	18.8
Community & personal service workers	40	14.7
Labourers	39	14.3
Others	73	26.8

Occupation

Census	Count	Percent(%)
Pre-school	12	9.3
Infants/Primary	53	41.1
Secondary	39	30.2
Technical or Further Educational Institution	12	9.3
University or other Tertiary Institutions	10	7.8
Others	3	2.3

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	599	93.4
Caravan, cabin, houseboat	20	3.1
Flat, unit or apartment	14	2.2
Semi-detached, row or terrace house, townhouse	8	1.2
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0