Suburb Profile Report for Zeehan TAS (7469)

Zeehan House: Median price $122,500, Annual capital growth 4.84%, Number of sales 25, Weekly median advertised rent $200

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

Giving property investors a a solid capital gain of 53.13% for the last year, Zeehan, 7469 is the 24th highest performer in Australia in this respect.

While Zeehan,7469 ranked number 5th in TAS for increase in median house value (annualised) increase, it is ranked 2nd over the last 5 years.

Vendor discounting in Zeehan is giving property investors an average Vendor Discount of around -11.96%. This puts suburb at number in TAS when ranking the most discounted suburbs.

Zeehan is 3rd on a list of best yielding suburbs for rents in TAS with a 8.49% return

Metrics	HOUSE	UNIT
Median price	$122,500	N/A
Quarterly growth	18.93%	N/A
12-month growth	53.13%	N/A
Average Annual Growth	4.84%	N/A
Weekly median advertised rent	$200	N/A
Number of sales	25	N/A
Gross rental yield	8.49%	N/A
Days on market	130.411764705882	N/A

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

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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