Suburb Profile Report for Turners Beach TAS (7315)

Turners Beach House: Median price $440,000, Annual capital growth 3.59%, Number of sales 44, Weekly median advertised rent $360

Turners Beach Unit: Median price $254,000, Annual capital growth N/A, Number of sales 10, 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.

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House Report

With a capital gain of 11.68% for the last 12 months, Turners Beach, 7315 has performed for property investments than its average annual 3.59% property growth over the last 5 years.

Over the longer term, Turners Beach has seen property prices show investors a 28.00% return over the last 3 years. This is worse than over the last 12 months

Turners Beach, 7315 is offering TAS ‘s 54th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this TAS.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 3.59%, investors should hope to achieve an overall return of 4.25%

Metrics	HOUSE	UNIT
Median price	$440,000	$254,000
Quarterly growth	0.00%	N/A
12-month growth	11.68%	N/A
Average Annual Growth	3.59%	N/A
Weekly median advertised rent	$360	N/A
Number of sales	44	10
Gross rental yield	4.25%	N/A
Days on market	63.0967741935484	N/A

DSR Score for property investment : Good (H), Above average (U)

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Demographics

Total population	1595
Median household income ($/weekly)	1109
Median age of persons	40
Median housing loan repayment ($/monthly)	1531
Average household size	2.5

Census	Count	Percent(%)
5-14 years	212	13.3
25-34 years	154	9.6
35-44 years	236	14.8
45-54 years	267	16.7
55-64 years	212	13.3
Others	515	32.3

Age Group

Census	Count	Percent(%)
Registered Married	622	54.9
Not Married	405	35.7
Defacto Relationship	106	9.4

Social Marital Status

Census	Count	Percent(%)
Australia	1457	94.1
New Zealand	8	0.5
Papua New Guinea	11	0.7
United Kingdom	55	3.6
Other	8	0.5
Others	10	0.6

Country of Birth

Census	Count	Percent(%)
Christianity	1020	69.8
No Religion	431	29.5
Buddhism	8	0.5
Other Religious Groups	3	0.2
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$400-$599	69	13.6
$600-$799	52	10.3
$1,250-$1,499	50	9.9
$1,500-$1,999	78	15.4
$2,000-$2,499	55	10.9
Others	202	39.9

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	470	38.0
Not in the labour force	406	32.8
Employed, worked part-time	257	20.8
Unemployed, looking for work	60	4.8
Employed, away from work	45	3.6

Person Characteristics

Census	Count	Percent(%)
Managers	92	12.0
Professionals	134	17.4
Technicians & trades workers	123	16.0
Clerical & administrative workers	95	12.4
Labourers	99	12.9
Others	226	29.4

Occupation

Census	Count	Percent(%)
Pre-school	12	3.5
Infants/Primary	158	45.5
Secondary	105	30.3
Technical or Further Educational Institution	46	13.3
University or other Tertiary Institutions	23	6.6
Others	3	0.9

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1308	89.4
Semi-detached, row or terrace house, townhouse	90	6.2
Caravan, cabin, houseboat	39	2.7
Flat, unit or apartment	23	1.6
House or flat attached to a shop, office	3	0.2
Others	0	0.0