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Zeehan
AREA REPORTS

Zeehan

Zeehan - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7469

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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 $150,500.

The upward trend in home prices in ZEEHAN, 7469 averaged 29.38% per annum over a 3-year period.

Average weekly rents on listings have reached the $215 mark, reflecting a 7.43% increase in returns based on the current median price in ZEEHAN.

An average of 4.08 real estate transactions take place per month in ZEEHAN which translates to 49 per annum.

49 properties were sold in ZEEHAN in 2016, making it the 48th most active market in TAS based on total real estate transactions.

ZEEHAN, 7469 places 169th in Australia based on median property value growth during the quarter.

Data report can be found below

Zeehan
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $150,500 N/A
GROWTH REPORT
Median Quarterly 1.01% N/A
Median 12 month 25.42% N/A
Median 3 years 88.13% N/A
Median 5 years 119.71% N/A
10 years average annual 9.36% N/A
Weekly media advert. rent $215 N/A
Time on Market 75.6 days N/A
Gross Rental Yield Percent 7.43% N/A
demographics (median values)*
Total Population
768
Weekly Household Income
871
Household Size
2.10
Age
45
Monthly Loan Repayment
562
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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