Suburb Profile Report for Hillcrest TAS (7320)

Hillcrest House: Median price $183,500, Annual capital growth 0.63%, Number of sales 25, Weekly median advertised rent $260

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

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property value increases in Hillcrest have tracked lower than the TAS average of 7.07% over the last 12 months.

Across a shorter period, Hillcrest, 7320 has seen a median price increase of 1.38% over the last quarter.

Property investors looking for a bargain in Hillcrest should be aiming for at least -3.42% off the asking price, which is the average vendor discount being achieved at the moment.

At number 671 in a list of fastest selling suburbs, Hillcrest is in the TOP 20% of suburbs in Australia with an average of days on market 58.3077 for properties listed there.

With the median price for a house in Hillcrest being $183500 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 7.37%

Metrics i HOUSE UNIT
$183,500 N/A
1.38% N/A
-8.93% N/A
0.63% N/A
$260 N/A
25 N/A
7.37% N/A
58.3076923076923 N/A

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1077
Median household income ($/weekly) 697
Median age of persons 33
Median housing loan repayment ($/monthly) 1083
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 136 12.6
    25-34 years 163 15.1
    35-44 years 123 11.4
    45-54 years 140 13.0
    55-64 years 112 10.4
    Others 405 37.5
    Age Group
    Census Count Percent(%)
    Not Married 388 49.1
    Registered Married 297 37.6
    Defacto Relationship 105 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 954 93.1
    New Zealand 4 0.4
    Papua New Guinea 5 0.5
    United Kingdom 25 2.4
    Other 6 0.6
    Others 31 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 578 60.7
    No Religion 360 37.8
    Buddhism 7 0.7
    Other Religious Groups 4 0.4
    Hinduism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 56 13.3
    $400-$599 79 18.7
    $600-$799 75 17.8
    $800-$999 44 10.4
    $1,000-$1,249 43 10.2
    Others 125 29.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 327 40.2
    Employed, worked full-time 255 31.4
    Employed, worked part-time 140 17.2
    Unemployed, looking for work 60 7.4
    Employed, away from work 31 3.8
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 91 21.3
    Community & personal service workers 55 12.9
    Clerical & administrative workers 45 10.5
    Sales 55 12.9
    Labourers 63 14.8
    Others 118 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 15 6.4
    Infants/Primary 105 44.7
    Secondary 50 21.3
    Technical or Further Educational Institution 41 17.4
    University or other Tertiary Institutions 18 7.7
    Others 6 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 959 93.0
    Flat, unit or apartment 72 7.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 191 42.4
    Being purchased 146 32.4
    Fully owned 114 25.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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