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Scamander
AREA REPORTS

Scamander

Scamander - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7215

house

Property investors have seen a 6.81% gain in SCAMANDER based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on SCAMANDER, 7215 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 18.95%.

Based on its average 5-year and quarterly capital gains SCAMANDER, 7215 saw average growth in the long term.

The TAS 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 $455,000

Profits averaged 17.73% per annum over a 3-year period, due to an upward trend in home prices in SCAMANDER, 7215.

This means, real estate investors could earn a rental income of $335 based on current median home prices for the suburb.

The gross rental yield in SCAMANDER, 7215 is 3.83%.

An average of 1.75 real estate transactions take place per month in SCAMANDER which translates to 21 per annum.

Data report can be found below

Scamander
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $455,000 N/A
GROWTH REPORT
Median Quarterly 6.81% N/A
Median 12 month 18.95% N/A
Median 3 years 53.2% N/A
Median 5 years 104.49% N/A
10 years average annual 5.93% N/A
Weekly media advert. rent $335 N/A
Time on Market 40.4 days N/A
Gross Rental Yield Percent 3.83% N/A
demographics (median values)*
Total Population
3381
Weekly Household Income
795
Household Size
2.10
Age
53
Monthly Loan Repayment
1052
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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