Powered by MOMENTUM MEDIA
AREA REPORTS

Hadspen

Suburb Profile

Hadspen - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7290

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 23.01% capital gain.

Property investors in HADSPEN enjoyed capital gains of 3.04% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $355,500.

Profits due to an upward trend in home prices there averaged 7.67% per annum over a 3-year period.

Home owners selling their properties and realtors in HADSPEN usually have to wait an average of 59.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $325 mark, reflecting a 4.75% increase in returns based on the current median price in HADSPEN.

HADSPEN, 7290 places 19th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $355,500 $167,500
GROWTH REPORT
Median Quarterly 6.76% 1.52%
Median 12 month 3.04% -17.49%
Median 3 years 23.01% -20.99%
Median 5 years 22.06% 9.84%
10 years average annual 2.95% 4.44%
Weekly media advert. rent $325 $250
Time on Market 59.3 days 0.0 days
Gross Rental Yield Percent 4.75% 7.76%
demographics (median values)
Total Population
1927
Weekly Household Income
1045
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Property market update: Brisbane, August 2020

While most major capital city markets have been seen suffering from the consequences of the COVID-19 outbreak, Brisbane has been deemed by e...

Population slump set to test Australian prices

Population slump set to test Australian prices

The stability of the Australian housing market is set to be tested with a large slump in population due to border closures. ...

Halving NSW land tax

Halving NSW land tax sees $132m build-to-rent fund

State-based land tax changes have seen Vellum Fund Management and Urban Property Group launch the first build-to-rent fund based in NSW. ...

How agents expect the rest of spring to play out

How agents expect the rest of spring to play out

With one month almost already down, several Harcourts professionals have outlined how they expect the remainder of the spring selling season...

Virtual inspection trap triggers warning

Virtual inspection trap triggers warning

The consumer watchdog is warning of an increase in rental and accommodation scams, with more than $300,000 lost to fraudulent activities t...

Melbourne

COVID-19 pandemic may create a ‘two-speed rental market’

The COVID-19 pandemic may be leading to a “two-speed rental market”, with suburbs closer to the city likely to experience greater rental...

Website Notifications

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