Suburb Profile Report for Burnie TAS (7320)

Burnie House: Median price $242,500, Annual capital growth 2.54%, Number of sales 26, Weekly median advertised rent $260

Burnie Unit: Median price $220,000, Annual capital growth 14.11%, Number of sales 15, Weekly median advertised rent $193

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

Source: CoreLogic

  • House Report
  • Unit Report

TAS has seen average median house prices change by 9.15% which means that Burnie, 7320 has done well for property investors by showing a capital gain of -12.14% over the last year

Over the longer term, Burnie has seen property prices show investors a 7.78% return over the last 3 years. This is worse than over the last 12 months

Renters in Suburb are facing rents around $3120 per annum or $260 every week.

Advertised rents are around the $192.5 mark per week – giving a return of 4.55% based on the median price in Suburb

Metrics i HOUSE UNIT
$242,500 $220,000
-3.00% N/A
-12.14% N/A
2.54% 14.11%
$260 $193
26 15
5.58% 4.55%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 696
Median household income ($/weekly) 826
Median age of persons 38
Median housing loan repayment ($/monthly) 1248
Average household size 1.8
  • Census Count Percent(%)
    5-14 years 64 9.2
    25-34 years 98 14.1
    35-44 years 74 10.6
    45-54 years 107 15.4
    55-64 years 91 13.1
    Others 262 37.6
    Age Group
    Census Count Percent(%)
    Not Married 273 53.3
    Registered Married 185 36.1
    Defacto Relationship 54 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 555 84.7
    Croatia 9 1.4
    Papua New Guinea 12 1.8
    United Kingdom 34 5.2
    Other 13 2.0
    Others 32 4.9
    Country of Birth
    Census Count Percent(%)
    Christianity 376 59.6
    No Religion 235 37.2
    Buddhism 12 1.9
    Hinduism 4 0.6
    Islam 4 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 28 8.8
    $300-$399 37 11.6
    $400-$599 41 12.9
    $600-$799 35 11.0
    $800-$999 35 11.0
    Others 143 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 221 39.7
    Not in the labour force 198 35.6
    Employed, worked part-time 89 16.0
    Unemployed, looking for work 27 4.9
    Employed, away from work 21 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 61 18.5
    Professionals 73 22.1
    Technicians & trades workers 35 10.6
    Community & personal service workers 46 13.9
    Clerical & administrative workers 52 15.8
    Others 63 19.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 43 36.8
    Secondary 33 28.2
    Technical or Further Educational Institution 22 18.8
    University or other Tertiary Institutions 16 13.7
    Pre-school 3 2.6
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 437 69.8
    Flat, unit or apartment 131 20.9
    Semi-detached, row or terrace house, townhouse 33 5.3
    House or flat attached to a shop, office 25 4.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 175 54.5
    Fully owned 78 24.3
    Being purchased 68 21.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals