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Judbury, TAS 7109

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Judbury, TAS 7109 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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No Rent Data
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Judbury, TAS 7109”

  1. The total adult population (15 years or older) of Judbury 7109 TAS is 344, with a median age of 45. Of those, 45.64% are married, 11.63% are divorced or separated, 36.05% are single and 6.40% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $6,608. The median monthly mortgage repayment for households in this suburb is $1,464 which is 22.15% of their earnings.

    Source: ABS Census Data (2021)

  2. The charming suburb of Judbury, postcode 7109, is located in the beautiful state of Tasmania and is home to an estimated 200 households. According to the latest statistics available for Q3 2023, typical housing prices in Judbury are $732,476 with the median weekly rent sitting comfortably at $405. This results in an indicative yield of 2.88%, which is slightly below the attractive market requirement of 3% for cashflow-centered property investors.

    The socio-economic status of this suburb is reasonably good, as reflected in an IRSAD score of 924 out of a possible 1217. This suggests residents enjoy a fair level of economic resources, income, and access to skilled occupations. Impressively, Judbury boasts a remarkably low renter to owner ratio of just 8%, offering a less competitive investment environment with a low risk of rental supply saturation.

    Similarly, the suburb’s unit to house ratio is a mere 1%, indicating a predominantly house-focused market. This suggests less competition amongst landlords for tenants, which can help in maintaining higher rental yields. Also, a lower proportion of units can attract more families who tend to have longer tenancy periods.

    However, it is crucial to note that the affordability index for Judbury houses stands at 43 years. This exceeded 31 years benchmark, suggesting decreased affordability within the area. Future investors and potential homeowners might need to consider this factor.

    Things look relatively balanced on the supply front with the stock on market percentage for houses being 0.5%, falling within the neutral range. The inventory level of 2 months suggests a low supply market condition, increasing the attractiveness for sellers and investors.

    However, a noteworthy observation is the suburb’s high building approval ratio of 6% for houses. This presents an indication of potential increased supply in the dwelling stock, which if not matched by demand, may result in unfavorable market conditions.

    Although houses spend an average of 104 days on the market, indicating a slightly low demand, the combined vacancy rate for houses and units is relatively high at 6.25% which could suggest an oversupply of rental accommodation.

    That said, the suburb has a buy search index of 5 for houses indicating average-demand within the state/city average. This stat along with other promising metrics, make this location a plausible candidate for those looking to invest in properties.

    In totality, although some metrics are outside of their ideal ranges, many others show favorable conditions, enhancing Judbury’s appeal as an investment proposition. As always, it’s critical to monitor the dynamics of the market closely and factor in various indicators, like HtAG analytics’ RCS (Relative Composite Score), to make informed investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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