AREA REPORTS

Deloraine

Suburb Profile

Deloraine - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7304

house
unit

Property investors enjoyed capital gains of 8% over the last 12 months in DELORAINE, translating to lower returns compared with its peers in TAS.

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

The suburb posted a 5.26% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $265 based on current median home prices for the suburb.

On average, rents on listings have reached the $265 mark, reflecting a 5.1% increase in returns based on the current median price in DELORAINE.

DELORAINE, 7304 ranks 118th in TAS in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 68th on the list of best yielding suburbs for rental properties in TAS, posting a 5.1% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $270,000 $225,000
GROWTH REPORT
Median Quarterly 0.19% 2.27%
Median 12 month 8% N/A
Median 3 years 5.26% N/A
Median 5 years 3.85% N/A
10 years average annual 1.87% N/A
Weekly media advert. rent $265 N/A
Time on Market 117.1 days 0.0 days
Gross Rental Yield Percent 5.1% N/A
demographics (median values)
Total Population
2748
Weekly Household Income
631
Household Size
2.40
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

Blue print

Australian home sizes at 22-year low

New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...

Pet dog

Queensland pet reform proposals cop criticism

The Queensland government is considering making it easier for tenants to own pets in a rental property, but some think the changes could be ...

Electronic tenancy agreement

New laws pass for signing residential property agreements

New legislation has passed in NSW parliament that allows for residential agreements to be signed and witnessed electronically, but there...

Property for sale

75% of property sold at below asking price last quarter

More than 75 per cent of properties that sold over the three months to October were less than their original purchase price, new data reveal...

property hotspots

‘Era of property hotspots’ has ended, says economist

While the Australian property market remains far from a cataclysmic fall, economist Dr Andrew Wilson believes that fundamental changes will ...

BLOG: Make sure your property manager isn’t taking you for a ride

We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...