Suburb Profile Report for Acton TAS (7320)

Acton House: Median price $193,500, Annual capital growth 1.53%, Number of sales 40, Weekly median advertised rent $260

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

TAS has seen average median house prices change by 9.32% which means that Acton, 7320 has done well for property investors by showing a capital gain of 11.69% over the last year

Acton,7320 was ranked 3533 in Australia by increase in median property value over the quarter.

Vendor discounting in Acton is giving property investors an average Vendor Discount of around -2.76%. This puts suburb at number 50th in TAS when ranking the most discounted suburbs.

A $260 per week rent on the median house gives suburb investors a gross yield of circa 6.99%, without taking into account capital value appreciation, which has been averaging out at 1.53%.

Metrics	HOUSE	UNIT
Median price	$193,500	N/A
Quarterly growth	-2.03%	N/A
12-month growth	11.69%	N/A
Average Annual Growth	1.53%	N/A
Weekly median advertised rent	$260	N/A
Number of sales	40	N/A
Gross rental yield	6.99%	N/A
Days on market	58.4166666666667	N/A

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

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Demographics

Total population	1547
Median household income ($/weekly)	807
Median age of persons	32
Median housing loan repayment ($/monthly)	1050
Average household size	2.4

Census	Count	Percent(%)
5-14 years	224	14.5
25-34 years	240	15.5
35-44 years	178	11.5
45-54 years	171	11.0
65-74 years	149	9.6
Others	586	37.9

Age Group

Census	Count	Percent(%)
Not Married	445	41.8
Registered Married	444	41.7
Defacto Relationship	175	16.4

Social Marital Status

Census	Count	Percent(%)
Australia	1355	93.9
Papua New Guinea	12	0.8
Philippines	11	0.8
United Kingdom	29	2.0
Other	14	1.0
Others	22	1.5

Country of Birth

Census	Count	Percent(%)
Christianity	787	58.4
Hinduism	6	0.4
Islam	6	0.4
Other Religious Groups	18	1.3
No Religion	527	39.1
Others	4	0.3

Religious Affiliation

Census	Count	Percent(%)
$300-$399	55	10.2
$400-$599	91	16.8
$600-$799	74	13.7
$800-$999	71	13.1
$1,000-$1,249	55	10.2
Others	195	36.0

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	510	45.3
Employed, worked full-time	345	30.7
Employed, worked part-time	177	15.7
Unemployed, looking for work	57	5.1
Employed, away from work	36	3.2

Person Characteristics

Census	Count	Percent(%)
Technicians & trades workers	101	18.2
Community & personal service workers	75	13.5
Sales	71	12.8
Machinery operators & drivers	60	10.8
Labourers	114	20.5
Others	134	24.1

Occupation

Census	Count	Percent(%)
Pre-school	14	4.3
Infants/Primary	154	46.8
Secondary	77	23.4
Technical or Further Educational Institution	55	16.7
University or other Tertiary Institutions	20	6.1
Others	9	2.7

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1359	95.5
Flat, unit or apartment	56	3.9
Semi-detached, row or terrace house, townhouse	4	0.3
House or flat attached to a shop, office	4	0.3
Caravan, cabin, houseboat	0	0.0
Others	0	0.0