Suburb Profile Report for Longford TAS (7301)

Longford House: Median price $300,000, Annual capital growth 2.03%, Number of sales 87, Weekly median advertised rent $310

Longford Unit: Median price $269,000, Annual capital growth 6.81%, Number of sales 35, Weekly median advertised rent $260

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

TAS has seen average median house prices change by 11.10% which means that Longford, 7301 has done well for property investors by showing a capital gain of 12.36% over the last year

Across a shorter period, Longford, 7301 has seen a median price increase of 3.09% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Longford is offering property investors an average of -6.10. This rate of discount on properties puts Suburb at number 136th in terms of most discounted suburbs in TAS

Giving property investors a a stable capital gain of 5.49% for the last year, Longford, 7301 is the 529th highest performer in Australia in this respect.

Comparing Longford,7301 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Longford is offering property investors an average of -4.39. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in TAS

Often selling an investment property can take time, and in Longford the average time real estate has been on the market is 72.4 days.

Longford is 39th on a list of best yielding suburbs for rents in TAS with a 5.03% return

Metrics i HOUSE UNIT
$300,000 $269,000
3.09% -0.19%
12.36% 5.49%
2.03% 6.81%
$310 $260
87 35
5.37% 5.03%
52.04 72.4

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 3755
Median household income ($/weekly) 861
Median age of persons 44
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 458 12.2
    35-44 years 496 13.2
    45-54 years 535 14.2
    55-64 years 551 14.7
    65-74 years 420 11.2
    Others 1296 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 1511 53.3
    Not Married 1028 36.3
    Defacto Relationship 294 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3314 91.5
    New Zealand 16 0.4
    Papua New Guinea 42 1.2
    United Kingdom 164 4.5
    Other 27 0.7
    Others 58 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 2607 74.8
    No Religion 856 24.6
    Buddhism 11 0.3
    Other Religious Groups 8 0.2
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 150 11.0
    $400-$599 212 15.6
    $600-$799 151 11.1
    $800-$999 149 10.9
    $1,500-$1,999 149 10.9
    Others 552 40.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1260 42.3
    Employed, worked full-time 949 31.8
    Employed, worked part-time 570 19.1
    Unemployed, looking for work 117 3.9
    Employed, away from work 84 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 219 13.7
    Professionals 176 11.0
    Technicians & trades workers 296 18.5
    Clerical & administrative workers 185 11.6
    Labourers 236 14.8
    Others 487 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 36 4.8
    Infants/Primary 323 42.8
    Secondary 240 31.8
    Technical or Further Educational Institution 66 8.7
    University or other Tertiary Institutions 61 8.1
    Others 29 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3377 94.5
    Semi-detached, row or terrace house, townhouse 102 2.9
    Flat, unit or apartment 66 1.8
    Caravan, cabin, houseboat 17 0.5
    House or flat attached to a shop, office 7 0.2
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 635 43.0
    Being purchased 467 31.6
    Rented 365 24.7
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
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