Suburb Profile Report for St Helens TAS (7216)

St Helens House: Median price $347,500, Annual capital growth 3.24%, Number of sales 60, Weekly median advertised rent $280

St Helens Unit: Median price $265,000, Annual capital growth 0.84%, 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 Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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St Helens is in the TOP 20% in TAS when comparing median price capital growth over the last year. St Helens gave property investors a very good capital gain figure when compared to the rest of the state, with 21.93%.

Taking the average capital gain, or increase in median house value, St Helens,7216 has racked up an average of 21.93% over the period. This ranks it number 264th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in St Helens are currently offering property investors an average price cut of -5.66% below the asking price at the moment.

At number 2963 in a list of fastest selling suburbs, St Helens is in the bottom 20% of suburbs in Australia with an average of days on market 104.571 for properties listed there.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.24%, investors should hope to achieve an overall return of 4.19%

St Helens has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 11.58% to date .

If we look at median property appreciation over just the last three months, St Helens has given property investors a paper return of 0.00%. This puts Suburb as 41 on a list of fastest fasting appreciating suburbs in TAS

Information supplied by:


March 2017

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Fishing town hooks buyers

Median house price: $260,000

Three-year growth: 7.22%

Rental yield: 4.80%

The suburb of St Helens is located in the biggest town on Tasmania’s northeast coast. It is known for game fishing and its abundance of oysters.

The suburb’s position on the Tasman Highway makes it convenient for a long drive to Launceston. This accessibility could account for St Helens consistent growth over the recent five-year period, with price increases peaking at 10.6% over the December 2016 quarter. Houses are also quite affordable in this area, with a median price of just $260,000. Investors can also recover nicely with a reasonable average yield of 4.8% on rents.

St Helens has a thriving tourism industry due to its waterside location and proximity to beaches. The suburb is adjacent to the St Helens Important Bird Area, a protected site where seabirds and waders breed. The timber sector also supports the local economy. The town offers various dining options and shops.

Metrics i HOUSE UNIT
$347,500 $265,000
10.32% 0.00%
21.93% 11.58%
3.24% 0.84%
$280 N/A
60 13
4.19% N/A
104.571428571429 N/A

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

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2173
Median household income ($/weekly) 662
Median age of persons 51
Median housing loan repayment ($/monthly) 1000
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 241 11.1
    35-44 years 229 10.5
    45-54 years 322 14.8
    55-64 years 407 18.7
    65-74 years 297 13.7
    Others 678 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 729 47.0
    Not Married 650 41.9
    Defacto Relationship 172 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1792 86.1
    Greece 14 0.7
    Papua New Guinea 26 1.2
    United Kingdom 155 7.4
    Other 25 1.2
    Others 69 3.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1349 68.3
    No Religion 598 30.3
    Buddhism 19 1.0
    Other Religious Groups 7 0.4
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 120 14.8
    $400-$599 155 19.1
    $600-$799 117 14.4
    $800-$999 113 14.0
    $1,000-$1,249 66 8.1
    Others 239 29.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 945 54.4
    Employed, worked full-time 345 19.9
    Employed, worked part-time 304 17.5
    Employed, away from work 83 4.8
    Unemployed, looking for work 60 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 112 15.3
    Technicians & trades workers 91 12.4
    Clerical & administrative workers 81 11.1
    Sales 94 12.9
    Labourers 130 17.8
    Others 223 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 15 4.5
    Infants/Primary 152 45.1
    Secondary 113 33.5
    Technical or Further Educational Institution 29 8.6
    University or other Tertiary Institutions 14 4.2
    Others 14 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1847 96.0
    Semi-detached, row or terrace house, townhouse 43 2.2
    Flat, unit or apartment 6 0.3
    Caravan, cabin, houseboat 16 0.8
    Improvised home, tent, sleepers out 8 0.4
    Others 4 0.2
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 408 45.5
    Rented 265 29.5
    Being purchased 221 24.6
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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