Suburb Profile Report for Beauty Point TAS (7270)

Beauty Point House: Median price $270,000, Annual capital growth 3.74%, Number of sales 38, Weekly median advertised rent $260

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

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. 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 Beauty Point, 7270 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 10.66%.

Beauty Point,7270 was ranked 613 in Australia by increase in median property value over the quarter.

The most recent median price for Beauty Point is $270000, with sellers offering an average of -6.68% off the asking price.

Residents and property investors in Beauty Point have been waiting around 79.08 days to sell a property.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 3.74%, investors should hope to achieve an overall return of 5.01%

Metrics i HOUSE UNIT
$270,000 N/A
3.85% N/A
10.66% N/A
3.74% N/A
$260 N/A
38 N/A
5.01% N/A
79.08 N/A

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1203
Median household income ($/weekly) 705
Median age of persons 50
Median housing loan repayment ($/monthly) 975
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 100 8.3
    35-44 years 121 10.0
    45-54 years 175 14.5
    55-64 years 232 19.3
    65-74 years 181 15.0
    Others 395 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 483 52.5
    Not Married 346 37.6
    Defacto Relationship 91 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1022 88.8
    New Zealand 14 1.2
    Papua New Guinea 16 1.4
    United Kingdom 74 6.4
    Other 10 0.9
    Others 15 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 760 69.3
    No Religion 323 29.5
    Buddhism 7 0.6
    Other Religious Groups 6 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 65 14.6
    $400-$599 93 20.9
    $600-$799 70 15.7
    $800-$999 49 11.0
    $1,500-$1,999 33 7.4
    Others 136 30.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 541 53.9
    Employed, worked full-time 214 21.3
    Employed, worked part-time 172 17.1
    Unemployed, looking for work 41 4.1
    Employed, away from work 36 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 54 12.9
    Professionals 56 13.4
    Technicians & trades workers 75 17.9
    Community & personal service workers 65 15.5
    Labourers 61 14.6
    Others 108 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 10 4.8
    Infants/Primary 59 28.1
    Secondary 69 32.9
    Technical or Further Educational Institution 32 15.2
    University or other Tertiary Institutions 36 17.1
    Others 4 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1049 94.8
    Semi-detached, row or terrace house, townhouse 5 0.5
    Flat, unit or apartment 10 0.9
    Caravan, cabin, houseboat 36 3.3
    Improvised home, tent, sleepers out 3 0.3
    Others 3 0.3
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 253 51.4
    Being purchased 126 25.6
    Rented 110 22.4
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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