Powered by MOMENTUM MEDIA
smart property investment logo
Herdsmans Cove
AREA REPORTS

Herdsmans Cove

Herdsmans Cove - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7030

house

Property investors enjoyed capital gains of 33.9% over the last 12 months in HERDSMANS COVE, translating to lower returns compared with its peers in TAS.

A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 12.86% growth over a ten-year period. It ranks 3692nd on our list of suburbs that property investors should look into.

HERDSMANS COVE, 7030 has a capital gain of 33.9% for the past year, which is lower than average compared to its 186% growth within a five-year period.

With the median home price in HERDSMANS COVE sitting at $357,500, and the average rent at $380, property owners could potentially earn a 5.53% increase in gross rental yield.

A 33.9% increase in median property prices in HERDSMANS COVE, 7030 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 54th.

Figures from the previous quarter show that capital gains for real estate buyers in HERDSMANS COVE are low, as opposed to average gains per annum over the past five years.

HERDSMANS COVE, 7030 in TAS belongs to the local government area of Brighton (M).

Data report can be found below

Herdsmans Cove
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $357,500 N/A
GROWTH REPORT
Median Quarterly 6.72% N/A
Median 12 month 33.9% N/A
Median 3 years 70.24% N/A
Median 5 years 186% N/A
10 years average annual 12.86% N/A
Weekly media advert. rent $380 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 5.53% N/A
demographics (median values)*
Total Population
n.a.
Weekly Household Income
n.a.
Household Size
n.a.
Age
n.a.
Monthly Loan Repayment
n.a.
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.