Suburb Profile Report for Grindelwald TAS (7277)

Grindelwald House: Median price $492,500, Annual capital growth 1.95%, Number of sales 24, Weekly median advertised rent N/A

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

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

  • House Report

Giving property investors a an unimpressive capital gain of -5.29% for the last year, Grindelwald, 7277 is the 2666th highest performer in Australia in this respect.

Comparing Grindelwald,7277 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Grindelwald is giving property investors an average Vendor Discount of around -7.82%. This puts suburb at number 10th in TAS when ranking the most discounted suburbs.

At number 2333 in a list of fastest selling suburbs, Grindelwald is in the bottom 40% of suburbs in Australia with an average of days on market 87.1538 for properties listed there.

Metrics i HOUSE UNIT
$492,500 N/A
-4.37% N/A
-5.29% N/A
1.95% N/A
N/A N/A
24 N/A
N/A N/A
87.1538461538462 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 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 826
Median household income ($/weekly) 1194
Median age of persons 48
Median housing loan repayment ($/monthly) 1717
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 115 13.9
    35-44 years 112 13.5
    45-54 years 127 15.3
    55-64 years 118 14.3
    65-74 years 116 14.0
    Others 240 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 421 70.0
    Not Married 150 25.0
    Defacto Relationship 30 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 581 72.4
    Greece 16 2.0
    New Zealand 18 2.2
    United Kingdom 113 14.1
    Other 27 3.4
    Others 48 6.0
    Country of Birth
    Census Count Percent(%)
    Christianity 568 74.3
    Hinduism 5 0.7
    Islam 3 0.4
    Other Religious Groups 8 1.0
    No Religion 177 23.2
    Others 3 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 30 11.4
    $600-$799 28 10.6
    $800-$999 28 10.6
    $1,000-$1,249 26 9.9
    $1,500-$1,999 34 12.9
    Others 117 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 272 42.5
    Employed, worked full-time 179 28.0
    Employed, worked part-time 149 23.3
    Employed, away from work 29 4.5
    Unemployed, looking for work 11 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 42 11.7
    Professionals 97 27.1
    Technicians & trades workers 55 15.4
    Community & personal service workers 33 9.2
    Clerical & administrative workers 51 14.2
    Others 80 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 9 4.9
    Infants/Primary 81 44.0
    Secondary 56 30.4
    Technical or Further Educational Institution 11 6.0
    University or other Tertiary Institutions 18 9.8
    Others 9 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 763 99.6
    House or flat attached to a shop, office 3 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 170 58.2
    Being purchased 108 37.0
    Rented 14 4.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table