Suburb Profile Report for Turners Beach TAS (7315)

Turners Beach House: Median price $395,000, Annual capital growth 2.82%, Number of sales 28, Weekly median advertised rent $350

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.

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House Report

Over the last year, property investments in Turners Beach, 7315 have given investors a capital gain of 8.22%. This compares averagely with the 7.30% for TAS as a whole.

Comparing Turners Beach,7315 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Turners Beach 7315 should be seeing an average reduction in asking price of around -6.79% . This means that Turners Beach is holding prices well when compared to other suburbs in TAS.

Often selling an investment property can take time, and in Turners Beach the average time real estate has been on the market is 73.2727 days.

Turners Beach is 99th on a list of best yielding suburbs for rents in TAS with a 4.61% return

Metrics	HOUSE	UNIT
Median price	$395,000	N/A
Quarterly growth	0.00%	N/A
12-month growth	8.22%	N/A
Average Annual Growth	2.82%	N/A
Weekly median advertised rent	$350	N/A
Number of sales	28	N/A
Gross rental yield	4.61%	N/A
Days on market	73.2727272727273	N/A

Your estimated repayment
$1,528.26/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Good (H), Balanced (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