Suburb Profile Report for Zeehan TAS (7469)

Zeehan House: Median price $125,000, Annual capital growth 4.19%, Number of sales 23, Weekly median advertised rent $200

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

Are you moving house? Our tip: move your mortgage too.

House Report

Property investors who have had real estate in Zeehan, 7469 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 38.12%

While Zeehan,7469 ranked number 170th in TAS for increase in median house value (annualised) increase, it is ranked 1st over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Zeehan is offering property investors an average of -4.04. This rate of discount on properties puts Suburb at number 1st in terms of most discounted suburbs in TAS

Often selling an investment property can take time, and in Zeehan the average time real estate has been on the market is 116.533 days.

Metrics	HOUSE	UNIT
Median price	$125,000	N/A
Quarterly growth	-6.37%	N/A
12-month growth	38.12%	N/A
Average Annual Growth	4.19%	N/A
Weekly median advertised rent	$200	N/A
Number of sales	23	N/A
Gross rental yield	8.32%	N/A
Days on market	116.533333333333	N/A

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

Find another suburb

Find a mortgage broker in Zeehan TAS

Demographics

Total population	727
Median household income ($/weekly)	1018
Median age of persons	36
Median housing loan repayment ($/monthly)	720
Average household size	2.4

Census	Count	Percent(%)
5-14 years	98	13.4
25-34 years	110	15.1
35-44 years	117	16.0
45-54 years	112	15.4
55-64 years	79	10.8
Others	213	29.2

Age Group

Census	Count	Percent(%)
Registered Married	202	39.5
Not Married	197	38.5
Defacto Relationship	113	22.1

Social Marital Status

Census	Count	Percent(%)
Australia	640	93.2
United Kingdom	26	3.8
Papua New Guinea	11	1.6
Other	7	1.0
China	3	0.4
Others	0	0.0

Country of Birth

Census	Count	Percent(%)
Christianity	444	68.8
No Religion	192	29.8
Other Religious Groups	6	0.9
Buddhism	3	0.5
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	29	11.4
$400-$599	29	11.4
$600-$799	32	12.6
$1,500-$1,999	35	13.8
$2,500-$2,999	24	9.4
Others	105	41.3

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	200	36.8
Employed, worked full-time	192	35.4
Employed, worked part-time	83	15.3
Employed, away from work	36	6.6
Unemployed, looking for work	32	5.9

Person Characteristics

Census	Count	Percent(%)
Technicians & trades workers	46	14.7
Community & personal service workers	34	10.9
Clerical & administrative workers	26	8.3
Machinery operators & drivers	89	28.4
Labourers	63	20.1
Others	55	17.6

Occupation

Census	Count	Percent(%)
Pre-school	9	6.2
Infants/Primary	69	47.6
Secondary	38	26.2
Technical or Further Educational Institution	20	13.8
University or other Tertiary Institutions	6	4.1
Others	3	2.1

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	637	95.2
Flat, unit or apartment	19	2.8
House or flat attached to a shop, office	13	1.9
Semi-detached, row or terrace house, townhouse	0	0.0
Caravan, cabin, houseboat	0	0.0
Others	0	0.0