Fraud Blocker

Mountain River, TAS 7109

Home » TAS Real Estate Data » Huon Valley Council, TAS » Mountain River, 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 Mountain River, 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Mountain River, TAS 7109”

  1. The total adult population (15 years or older) of Mountain River 7109 TAS is 485, with a median age of 42. Of those, 54.43% are married, 12.78% are divorced or separated, 29.28% are single and 4.54% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $8,036. The median monthly mortgage repayment for households in this suburb is $1,733 which is 21.57% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within the state of TAS, is the serene suburb of Mountain River 7109. Home to an estimated 241 households, this locale offers a rural charm with the promise of attractive investment returns.

    As we delve into Q3 2023 data, houses in Mountain River are typically priced at an inviting $967,454. Investors can expect to receive a median weekly rent of $387, equating to an indicative yield of 2.08%. Whilst the yield is beneath the 3% ideal for cash flow-centred investors, it’s essential to note that this is but one piece of the broader investment analysis puzzle.

    Socio-economically, Mountain River flaunts a substantial IRSAD score of 1027 out of 1217. This suggests residents typically enjoy good economic resources, relatively high income levels, and a decent percentage of skilled professions.

    The renter to owner ratio in the suburb is an exceptionally low 7%, indicating a market that leans heavily towards house ownership. This lack of saturation decreases investor competition and heightens the overall appeal of the neighbourhood for locals.

    Further enhancing this allure is the units to houses ratio which presently stands at 0%. Such a market composition tends to attract families and evoke longer tenancy periods, essentially achieving a healthier, stronger rental yield for landlords.

    However, the Affordability Index of 47 years does highlight a significant challenge for potential homeowners. This duration far exceeds the average 30-year mortgage term, suggesting reduced affordability in the area and implying that it may be more suited to property investors.

    In terms of supply, Mountain River has managed to maintain a balanced stock on market Percentage of 0.41% for houses. This modest figure situates the suburb in the neutral range, bypassing the risks associated with either high or low supply extremes. Furthermore, the favourable inventory level of 1.71 months mirrors a market that’s profoundly capable of absorbing new listings, again reflecting favourably on investment prospects.

    Notably, the building approvals Ratio for houses is at 0.0%. The lack of new housing projects indicates controlled growth which bodes well for maintaining current property values.

    At 67 days, the average days on market for houses is slightly higher than preferred. Still, it is far from the 90-day threshold that indicates a slump in demand. The vacancy rate is a healthier 1.34%, indicating high demand and auguring well for rental returns.

    Lastly, the buy search index for houses stands at a neutral 5. While this doesn’t signify high demand, it doesn’t point to limited demand either and is thus quite standard.

    In summary, while some metrics of Mountain River 7109 might reside out of the favourable ranges, several others are looking promising. The low renter to owner ratio, 0% units to houses ratio, and favourable supply indicators offer a compelling narrative for property investors. As always, tracking these factors routinely will not only supply you with invaluable insights into this market but can also enlighten you on potential capital gains and cash flow opportunities. Let’s not forget that the RCS (Relative Composite Score) metric can streamline this process and provide you with a more comprehensive property market analysis.

    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.

Leave a comment