Suburb Profile Report for Zeehan TAS (7469)

Zeehan House: Median price $103,000, Annual capital growth 1.97%, Number of sales 21, Weekly median advertised rent $174

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.

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House Report

At number 72th in the list of Australian suburbs ordered by increase in median house value over the last year, Zeehan, 7469 is in the top 10% with a property value increase of 27.16% recorded in median house prices.

While Zeehan,7469 ranked number 90th in TAS for increase in median house value (annualised) increase, it is ranked 11th over the last 5 years.

At number 1st of TAS’s most discounted properties, Zeehan is in the bottom 10% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.

Situated 197.27km from the CBD, Zeehan is one of West Coast (M) localities in the postcode 7469.

Metrics	HOUSE	UNIT
Median price	$103,000	N/A
Quarterly growth	1.48%	N/A
12-month growth	27.16%	N/A
Average Annual Growth	1.97%	N/A
Weekly median advertised rent	$174	N/A
Number of sales	21	N/A
Gross rental yield	8.78%	N/A
Days on market	136.785714285714	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