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Acton, TAS 7320

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 Acton, TAS 7320 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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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 “Acton, TAS 7320”

  1. The total adult population (15 years or older) of Acton 7320 TAS is 1,103, with a median age of 35. Of those, 35.27% are married, 14.42% are divorced or separated, 44.79% are single and 5.08% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,588. The median monthly mortgage repayment for households in this suburb is $867 which is 15.52% of their earnings.

    Source: ABS Census Data (2021)

  2. Houses in the community of Acton, postcode 7320 of TAS, host about 689 households, offering a small but strong property market. During the third quarter of 2023, house prices average at $370218, with a median weekly rent of $341; this generates an attractive indicative yield of 4.79%.

    The suburb’s socio-economic status, evaluated with an IRSAD score, measures at 827 out of 1217 suggesting a moderate level of incomes and accessibility to economic resources. The rental market is quite balanced with 38% of the properties occupied by renters and a units to houses ratio of 0% indicating that this suburb is primarily composed of houses rather than units.

    Acton proves to be fairly affordable to potential house buyers, indexed at 26 years to fully own a property, based on average family incomes and house prices. A fairly low stock on market Percentage of 0.58% paints a picture of limited competition in the market, bolstered by the low inventory level of 1.78 months, indicating a low supply market that could be favourable for sellers.

    The Building Approval Ratio at a modest 0.15% points towards a lack of new dwelling stock supply, potentially indicating favourable future growth potential. However, with an average of 65 days on market, demand could be improved upon, although search activity is fairly balanced with a buy search index hovering around 3. The vacancy rate is impressively low at 0.77%, showing a high occupancy rate and good potential for rental return.

    While some individual metrics might hint at challenges, it’s important to remember the property market moves in cycles, and these figures could adjust themselves favourably over time. Acton’s property market appears healthy overall, with the relatively high indicative yield as a key point of interest for investors. As with any suburb, it’s essential to keep up to date with market trends to make informed decisions using comprehensive data, taking advantage of research tools such as HtAG Analytics’ Relative Composite Score.

    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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