Suburb Profile Report for Zeehan TAS (7469)

Zeehan House: Median price $128,000, Annual capital growth 8.71%, Number of sales 32, Weekly median advertised rent $185

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

With a capital gain of 2.40% for the last 12 months, Zeehan, 7469 has performed for property investments than its average annual 8.71% property growth over the last 5 years.

The five-year average increase in median property values for Zeehan,7469 has given property investors a potential capital gain of 113.33% across each of those five years.

The most recent median price for Zeehan is $128000, with sellers offering an average of -8.25% off the asking price.

At number 3731 in a list of fastest selling suburbs, Zeehan is in the bottom 10% of suburbs in Australia with an average of days on market 129.267 for properties listed there.

Property investors should expect to get $185 weekly from the median priced house in this suburb.

Metrics	HOUSE	UNIT
Median price	$128,000	N/A
Quarterly growth	2.40%	N/A
12-month growth	2.40%	N/A
Average Annual Growth	8.71%	N/A
Weekly median advertised rent	$185	N/A
Number of sales	32	N/A
Gross rental yield	7.52%	N/A
Days on market	129.266666666667	N/A

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

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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