Suburb Profile Report for Hadspen TAS (7290)

Hadspen House: Median price $334,000, Annual capital growth 3.25%, Number of sales 38, Weekly median advertised rent $320

Hadspen Unit: Median price $160,000, Annual capital growth 3.17%, Number of sales 18, Weekly median advertised rent $260

  • 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
  • Unit Report

Hadspen is in the bottom 30% in TAS when comparing median price capital growth over the last year. Hadspen gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.21%.

When looking at the potential capital gains offered to property investors over the last 3 years, Hadspen comes in at number 119th in TAS.

Hadspen, 7290 is offering TAS ‘s 12th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this TAS.

On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.

With the median price for a house in Hadspen being $334000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 4.98%

Property value increases in Hadspen have tracked lower than the TAS average of 2.66% over the last 12 months.

Across a shorter period, Hadspen, 7290 has seen a median price increase of -6.57% over the last quarter.

Hadspen, 7290’s gross rental yield is 8.45%

Metrics i HOUSE UNIT
$334,000 $160,000
-3.88% -6.57%
1.21% -36.00%
3.25% 3.17%
$320 $260
38 18
4.98% 8.45%
36.4583333333333 84.5

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 : Very good (H), Very good (U)
Find a mortgage broker in Hadspen TAS
Demographics
Total population 2061
Median household income ($/weekly) 1133
Median age of persons 36
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 317 15.4
    25-34 years 265 12.9
    35-44 years 320 15.5
    45-54 years 278 13.5
    55-64 years 228 11.1
    Others 654 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 846 55.7
    Not Married 507 33.4
    Defacto Relationship 166 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1858 92.6
    Greece 12 0.6
    New Zealand 11 0.5
    United Kingdom 82 4.1
    Other 13 0.6
    Others 31 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1388 71.4
    No Religion 554 28.5
    Other Religious Groups 3 0.2
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 98 13.9
    $800-$999 76 10.7
    $1,000-$1,249 73 10.3
    $1,250-$1,499 73 10.3
    $1,500-$1,999 116 16.4
    Others 271 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 631 40.4
    Not in the labour force 452 29.0
    Employed, worked part-time 362 23.2
    Employed, away from work 69 4.4
    Unemployed, looking for work 47 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 132 12.5
    Technicians & trades workers 189 17.8
    Community & personal service workers 112 10.6
    Clerical & administrative workers 166 15.7
    Sales 142 13.4
    Others 318 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 24 5.0
    Infants/Primary 202 42.0
    Secondary 163 33.9
    Technical or Further Educational Institution 51 10.6
    University or other Tertiary Institutions 29 6.0
    Others 12 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1882 93.7
    Semi-detached, row or terrace house, townhouse 92 4.6
    Flat, unit or apartment 31 1.5
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 369 48.0
    Fully owned 262 34.1
    Rented 134 17.4
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table