Suburb Profile Report for Railton TAS (7305)

Railton House: Median price $204,000, Annual capital growth 2.86%, Number of sales 17, Weekly median advertised rent N/A

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

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

  • House Report

Investment property in Railton has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.69%

Railton,7305 has offered an average of -1.69% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Railton should be aiming for at least -6.17% off the asking price, which is the average vendor discount being achieved at the moment.

The TAS suburb of Railton, 7305 is in the Kentish (M) local government area.

Metrics i HOUSE UNIT
$204,000 N/A
0.00% N/A
-1.69% N/A
2.86% N/A
N/A N/A
17 N/A
N/A N/A
111.333333333333 N/A

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

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1230
Median household income ($/weekly) 769
Median age of persons 44
Median housing loan repayment ($/monthly) 975
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 167 13.6
    35-44 years 155 12.6
    45-54 years 200 16.2
    55-64 years 177 14.4
    65-74 years 154 12.5
    Others 378 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 478 52.0
    Not Married 332 36.1
    Defacto Relationship 110 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1065 91.4
    Greece 4 0.3
    Papua New Guinea 12 1.0
    United Kingdom 69 5.9
    Other 12 1.0
    Others 3 0.3
    Country of Birth
    Census Count Percent(%)
    Christianity 717 65.4
    No Religion 370 33.8
    Buddhism 6 0.5
    Other Religious Groups 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 45 10.9
    $400-$599 83 20.1
    $600-$799 61 14.8
    $800-$999 42 10.2
    $1,000-$1,249 45 10.9
    Others 136 33.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 467 49.4
    Employed, worked full-time 260 27.5
    Employed, worked part-time 147 15.6
    Unemployed, looking for work 38 4.0
    Employed, away from work 33 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 62 14.1
    Professionals 40 9.1
    Technicians & trades workers 90 20.4
    Machinery operators & drivers 49 11.1
    Labourers 75 17.0
    Others 125 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 12 5.0
    Infants/Primary 111 46.1
    Secondary 69 28.6
    Technical or Further Educational Institution 31 12.9
    University or other Tertiary Institutions 9 3.7
    Others 9 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1150 98.8
    Improvised home, tent, sleepers out 7 0.6
    Flat, unit or apartment 4 0.3
    Semi-detached, row or terrace house, townhouse 3 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 212 46.2
    Being purchased 165 35.9
    Rented 82 17.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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