Suburb Profile Report for Legana TAS (7277)

Legana House: Median price $384,250, Annual capital growth 3.08%, Number of sales 80, Weekly median advertised rent $350

Legana Unit: Median price $310,000, Annual capital growth 2.12%, Number of sales 21, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1657th in the list of Australian suburbs ordered by increase in median house value over the last year, Legana, 7277 is in the top 40% with a property value increase of 7.86% recorded in median house prices.

While Legana,7277 ranked number 150th in TAS for increase in median house value (annualised) increase, it is ranked 75th over the last 5 years.

At number 98th of TAS’s most discounted properties, Legana is in the middle of the state/territory when listing in order of most discounted to least.

Situated 168.86km from the CBD, Legana is one of West Tamar localities in the postcode 7277.

If you compare the increase in value of investment property in Legana, 7277 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 7.45%.

Legana,7277 was ranked 368 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -4.85% to buyers in Legana at the moment, which is less than average for the rest of TAS.

In the last year 21 properties changed hands in Legana, which puts it as the 32th most active market in TAS when comparing the number of sales per suburb.

With the median price for a house in Legana being $310000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.20%

Metrics i HOUSE UNIT
$384,250 $310,000
-0.19% 3.33%
7.86% 7.45%
3.08% 2.12%
$350 $310
80 21
4.74% 5.20%
66.16 78.37

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3678
Median household income ($/weekly) 1271
Median age of persons 40
Median housing loan repayment ($/monthly) 1528
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 589 16.0
    35-44 years 549 14.9
    45-54 years 508 13.8
    55-64 years 424 11.5
    65-74 years 335 9.1
    Others 1273 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 1553 60.6
    Not Married 807 31.5
    Defacto Relationship 203 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3100 85.9
    New Zealand 53 1.5
    Papua New Guinea 38 1.1
    United Kingdom 239 6.6
    Other 57 1.6
    Others 123 3.4
    Country of Birth
    Census Count Percent(%)
    Christianity 2413 71.8
    No Religion 907 27.0
    Hinduism 20 0.6
    Other Religious Groups 12 0.4
    Buddhism 11 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 113 10.0
    $800-$999 116 10.2
    $1,250-$1,499 127 11.2
    $1,500-$1,999 169 14.9
    $2,000-$2,499 113 10.0
    Others 496 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1029 38.1
    Not in the labour force 907 33.6
    Employed, worked part-time 591 21.9
    Employed, away from work 102 3.8
    Unemployed, looking for work 73 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 222 12.9
    Professionals 304 17.7
    Technicians & trades workers 316 18.4
    Clerical & administrative workers 281 16.4
    Sales 186 10.8
    Others 409 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 41 4.5
    Infants/Primary 420 45.7
    Secondary 260 28.3
    Technical or Further Educational Institution 89 9.7
    University or other Tertiary Institutions 94 10.2
    Others 16 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3290 95.7
    Flat, unit or apartment 115 3.3
    Improvised home, tent, sleepers out 16 0.5
    Caravan, cabin, houseboat 9 0.3
    Semi-detached, row or terrace house, townhouse 8 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 577 46.6
    Fully owned 496 40.1
    Rented 161 13.0
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals