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Exeter, TAS 7275

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 Exeter, TAS 7275 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 

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Rent 

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Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

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Rent 

1BR

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Yield 

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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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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 “Exeter, TAS 7275”

  1. The total adult population (15 years or older) of Exeter 7275 TAS is 610, with a median age of 43. Of those, 47.21% are married, 14.26% are divorced or separated, 30.33% are single and 7.70% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,112. The median monthly mortgage repayment for households in this suburb is $1,300 which is 21.27% of their earnings.

    Source: ABS Census Data (2021)

  2. EXETER 7275 is a charming suburb tucked away in the scenic state of Tasmania, with approximately 425 households. As the property market stands in Q3 of 2023, a typical house in EXETER 7275 commands an average price of $635,564, with a median weekly rent pegged at $339. This translates to an indicative yield of 2.77%, slightly below the minimum attractive yield of 3% for cashflow-centric property investors.

    In terms of socio-economic standing, the suburb holds an IRSAD score of 920 out of 1217, suggesting overall healthy economic circumstances for the residents. The attractiveness of the suburb as a property investment location is furthermore underscored by a favourable renter to owner ratio of 16%. This value is well below the threshold indicative of markets oversaturated with rental units, which can pose risks to return on investment over the long term.

    On the supply side, the units to houses ratio in EXERTER 7275 is at 4%, which is a favourable range. Such a low percentage indicates a predominance of houses over units, contributing to less competition among landlords seeking tenants, thus benefitting rental yields. It’s also worth noting that the Affordability Index indicates that it takes an estimated 41 years to fully own a typical property here, which is above the standard 30-year mortgage and implies a higher barrier to home ownership.

    Supply metrics in EXETER 7275, particularly for houses, show favourable statistics. The stock on market Percentage stands at 0.34%, marking a low supply scenario. The inventory levels are also favourable at 0.86 months, suggesting that the market can quickly absorb new house listings. There are currently no new residential buildings approved, indicating a static supply environment in the near future.

    Yet, demand for houses remains moderate in EXETER 7275. The average days on market for properties is 64, indicative of a neutral level of demand, while the vacancy rate (for both houses and units) is at 1.52%, signifying a balanced market. The buy search index for houses is at the state average of 5, marking a typical level of interest from potential buyers.

    While EXETER 7275 shows favourable supply metrics, potential investors should be mindful of the demand metrics and affordability constraints. The RCS developed by HtAG analytics can further assist, offering a comprehensive understanding of over 80 metrics pertinent to this suburb’s property market. In the fluctuating landscape of property investment, it is essential to stay abreast of these market trends, making informed decisions for optimum capital gains and cashflow possibilities.

    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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