Suburb Profile Report for Binalong Bay TAS (7216)

Binalong Bay House: Median price $422,500, Annual capital growth 1.13%, Number of sales 20, Weekly median advertised rent $320

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property investors who have had real estate in Binalong Bay, 7216 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.64%

Metrics i HOUSE UNIT
$422,500 N/A
-6.11% N/A
7.64% N/A
1.13% N/A
$320 N/A
20 N/A
3.94% N/A
154 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 209
Median household income ($/weekly) 680
Median age of persons 57
Median housing loan repayment ($/monthly) 953
Average household size 1.9
  • Census Count Percent(%)
    5-14 years 24 11.5
    35-44 years 21 10.0
    45-54 years 39 18.7
    55-64 years 49 23.4
    65-74 years 39 18.7
    Others 37 17.7
    Age Group
    Census Count Percent(%)
    Registered Married 86 61.4
    Not Married 34 24.3
    Defacto Relationship 20 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 133 76.9
    Italy 4 2.3
    New Zealand 3 1.7
    United Kingdom 17 9.8
    Other 7 4.0
    Others 9 5.2
    Country of Birth
    Census Count Percent(%)
    Christianity 106 64.6
    No Religion 52 31.7
    Buddhism 6 3.7
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1-$199 4 6.1
    $300-$399 7 10.6
    $400-$599 15 22.7
    $600-$799 16 24.2
    $800-$999 7 10.6
    Others 17 25.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 77 47.8
    Employed, worked part-time 36 22.4
    Employed, worked full-time 27 16.8
    Unemployed, looking for work 11 6.8
    Employed, away from work 10 6.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 12 17.6
    Professionals 14 20.6
    Community & personal service workers 9 13.2
    Clerical & administrative workers 9 13.2
    Labourers 9 13.2
    Others 15 22.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 11 55.0
    Secondary 3 15.0
    Technical or Further Educational Institution 3 15.0
    Other type of educational institution 3 15.0
    Pre-school 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 112 70.0
    Semi-detached, row or terrace house, townhouse 48 30.0
    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(%)
    Fully owned 50 69.4
    Being purchased 11 15.3
    Rented 11 15.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table