Powered by MOMENTUM MEDIA
smart property investment logo
Shearwater
AREA REPORTS

Shearwater

Shearwater - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7307

house
unit

Based on its average 5-year and quarterly capital gains SHEARWATER, 7307 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SHEARWATER, 7307 obtained a 6.41% growth over a ten-year period. It ranks 1750th on our list of suburbs that property investors should look into.

SHEARWATER, 7307 in TAS belongs to the local government area of Latrobe (M) (Tas.).

SHEARWATER, 7307 has a capital gain of 18.72% for the past year, which is higher than average compared to its 57.74% growth within a five-year period.

With the median home price in SHEARWATER sitting at $558,000, and the average rent at $395, property owners could potentially earn a 3.68% increase in gross rental yield.

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

Data report can be found below

Shearwater
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $558,000 $402,500
GROWTH REPORT
Median Quarterly 5.28% 0%
Median 12 month 18.72% 16.33%
Median 3 years 55.87% 36.44%
Median 5 years 57.74% 53.33%
10 years average annual 6.41% 2.55%
Weekly media advert. rent $395 $320
Time on Market 29.5 days 45.2 days
Gross Rental Yield Percent 3.68% 4.13%
demographics (median values)*
Total Population
10125
Weekly Household Income
1067
Household Size
2.30
Age
47
Monthly Loan Repayment
1300
* 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.