Fraud Blocker

Beauty Point, TAS 7270

Home » TAS Real Estate Data » West Tamar Council, TAS » Beauty Point, TAS 7270

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 Beauty Point, TAS 7270 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 “Beauty Point, TAS 7270”

  1. The total adult population (15 years or older) of Beauty Point 7270 TAS is 1,131, with a median age of 57. Of those, 46.60% are married, 18.74% are divorced or separated, 26.53% are single and 7.60% are widowed.

    The average household size is 2.0 people per dwelling, and the median household monthly income is estimated to be $4,192. The median monthly mortgage repayment for households in this suburb is $1,083 which is 25.83% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in dynamic Tasmania, the suburb of BEAUTY POINT, postcode 7270, boasts a community of approximately 766 households. As we approach the third quarter of 2023, the property market in BEAUTY POINT presents intriguing opportunities and unique insights for property investors and buyers.

    Generally, house prices in BEAUTY POINT stand at $484,804, with the median weekly rent sitting at $376. These figures indicate an attractive yield of 4.03%, meeting the minimum requirement of 3% for cashflow-centric property investors. This yield hints at healthy returns for savvy investors willing to engage with the area’s property market.

    When examining the socio-economic condition of the area, BEAUTY POINT scores a moderate 865 out of 1217 on the IRSAD index. This suggests that the suburb has a moderately high socio-economic status with a population accessing a reasonable level of economic resources and income.

    The renter to owner ratio in BEAUTY POINT is just 18%, comfortably below the 30% threshold. This low proportion of rented property compared to owned properties may improve the area’s appeal to investors, providing less competition among landlords and potentially greater long-term returns.

    Additionally, the suburb boasts a low units to houses ratio of just 3%, indicating a highly favourable market environment. With more houses than units, landlords face lesser competition in finding tenants and can enjoy longer tenancy periods typically attracted by suburbs with more houses.

    However, the Affordability Index of 45 years suggests owning property in BEAUTY POINT is somewhat challenging. This duration exceeds the standard 30-year mortgage and indicates decreased affordability for potential buyers.

    Supply metrics shed further light on the property market conditions. The stock on market Percentage for houses stands at 0.41%, within the favourable range, suggesting a balanced supply situation. With minimal new building approvals (0%), over-supply risks are limited. The suburb’s inventory level at 1.5 months also represents a favourable low-supply market.

    However, a relatively high days on market (DoM) value of 138 days indicates lower demand, which may affect the speed of property transactions.

    The combined (houses and units) vacancy rate in BEAUTY POINT is 2.88%, indicating a neutral demand. Meanwhile, a buy search index of 5 suggests the level of demand for buying houses is average, reflecting a balanced market.

    Although some metrics such as the Affordability Index and days on market are not optimal, the generally favourable environment in BEAUTY POINT, reflected in metrics such as yield, renter-owner ratio, and unit-house ratio, may still attract property investors. The HtAG Analytics’ Relative Composite Score (RCS) can provide a comprehensive view of the property market condition, helping investors make informed decisions by considering these varied indicators.

    Remember, real estate is dynamic and micro-focused, so consistently keeping an eye on market trends and developments is vital in spotting potential opportunities.

    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