Suburb Profile Report for Turners Beach TAS (7315)

Turners Beach House: Median price $365,000, Annual capital growth 1.42%, Number of sales 31, Weekly median advertised rent $290

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic

House Report

Turners Beach is in the bottom 30% in TAS when comparing median price capital growth over the last year. Turners Beach gave property investors a disappointing capital gain figure when compared to the rest of the state, with 5.80%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Turners Beach has increased when compared to the 5 year average annual rate.

Property buyers and investors in Turners Beach 7315 should be seeing an average reduction in asking price of around -5.39% . This means that Turners Beach is holding prices well when compared to other suburbs in TAS.

Turners Beach is 107th on a list of best yielding suburbs for rents in TAS with a 4.13% return

Metrics	HOUSE	UNIT
Median price	$365,000	N/A
Quarterly growth	2.10%	N/A
12-month growth	5.80%	N/A
Average Annual Growth	1.42%	N/A
Weekly median advertised rent	$290	N/A
Number of sales	31	N/A
Gross rental yield	4.13%	N/A
Days on market	93.5	N/A

Source: CoreLogic

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