Suburb Profile Report for Grindelwald TAS (7277)

Grindelwald House: Median price $522,500, Annual capital growth 0.80%, Number of sales 27, Weekly median advertised rent N/A

Grindelwald Unit: Median price $290,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent N/A

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

TAS has seen average median house prices change by 10.74% which means that Grindelwald, 7277 has done well for property investors by showing a capital gain of 7.73% over the last year

Property buyers and investors in Grindelwald 7277 should be seeing an average reduction in asking price of around -7.10% . This means that Grindelwald is holding prices well when compared to other suburbs in TAS.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Grindelwald has increased when compared to the 5 year average annual rate.

Metrics i HOUSE UNIT
$522,500 $290,000
N/A -3.33%
7.73% N/A
0.80% N/A
N/A N/A
27 13
N/A N/A
83.86 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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
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