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Huonville
AREA REPORTS

Huonville

Huonville - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7109

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unit

HUONVILLE, 7109 ranks 3650th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 11% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $535,555.

The upward trend in home prices in HUONVILLE, 7109 averaged 17.67% per annum over a 3-year period.

Average weekly rents on listings have reached the $430 mark, reflecting a 4.18% increase in returns based on the current median price in HUONVILLE.

An average of 4.83 real estate transactions take place per month in HUONVILLE which translates to 58 per annum.

58 properties were sold in HUONVILLE in 2016, making it the 33rd most active market in TAS based on total real estate transactions.

HUONVILLE, 7109 places 174th in Australia based on median property value growth during the quarter.

Data report can be found below

Huonville
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $535,555 $395,000
GROWTH REPORT
Median Quarterly 0.1% -3.19%
Median 12 month 11% N/A
Median 3 years 53.02% 27.42%
Median 5 years 72.76% 67.37%
10 years average annual 7.41% 9.18%
Weekly media advert. rent $430 $350
Time on Market 36.8 days 12.2 days
Gross Rental Yield Percent 4.18% 4.61%
demographics (median values)*
Total Population
8808
Weekly Household Income
1112
Household Size
2.50
Age
43
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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