Suburb Profile Report for Legana TAS (7277)

Legana House: Median price $382,250, Annual capital growth 2.80%, Number of sales 76, Weekly median advertised rent $330

Legana Unit: Median price $295,000, Annual capital growth 2.00%, Number of sales 27, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Legana is an average performer in TAS when comparing median price capital growth over the last year. Legana gave property investors a average capital gain figure when compared to the rest of the state, with 9.21%.

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

Property investors should expect to get $330 weekly from the median priced house in this suburb.

Legana is in the bottom 40% in TAS when comparing median price capital growth over the last year. Legana gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.88%.

The five-year average increase in median property values for Legana,7277 has given property investors a potential capital gain of 4.24% across each of those five years.

On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.29%, without taking into account capital value appreciation, which has been averaging out at 2.00%.

Metrics i HOUSE UNIT
$382,250 $295,000
0.59% N/A
9.21% 2.88%
2.80% 2.00%
$330 $300
76 27
4.49% 5.29%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Legana TAS
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