Suburb Profile Report for Hadspen TAS (7290)

Hadspen House: Median price $355,500, Annual capital growth 2.95%, Number of sales 30, Weekly median advertised rent $325

Hadspen Unit: Median price $167,500, Annual capital growth 4.44%, Number of sales 23, Weekly median advertised rent $250

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Sep 2020 as supplied by CoreLogic. Data is reported to the period ending Jun 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

Giving property investors a an average capital gain of 3.04% for the last year, Hadspen, 7290 is the 1946th highest performer in Australia in this respect.

A 22.06% growth in median value for property investors in Hadspen,7290 puts this suburb at number 19th in terms of best performing suburbs in TAS

Renters in Suburb are facing rents around $16900 per annum or $325 every week.

Property investors who have had real estate in Hadspen, 7290 should be unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -17.49%

Over the longer term, Hadspen has seen property prices show investors a -20.99% return over the last 3 years. This is an improvement over the last 12 months

Metrics	HOUSE	UNIT
Median price	$355,500	$167,500
Quarterly growth	6.76%	1.52%
12-month growth	3.04%	-17.49%
Average Annual Growth	2.95%	4.44%
Weekly median advertised rent	$325	$250
Number of sales	30	23
Gross rental yield	4.75%	7.76%
Days on market	59.3333333333333	N/A

DSR Score for property investment : Very good (H), Good (U)

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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