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Punchbowl, TAS 7249

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 Punchbowl, TAS 7249 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 “Punchbowl, TAS 7249”

  1. The total adult population (15 years or older) of Punchbowl 7249 TAS is 414, with a median age of 34. Of those, 31.16% are married, 15.22% are divorced or separated, 48.79% are single and 5.56% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $6,364. The median monthly mortgage repayment for households in this suburb is $1,105 which is 17.36% of their earnings.

    Source: ABS Census Data (2021)

  2. House prices in the suburb of Punchbowl 7249, located in Tasmania, offer promising opportunities for discerning real estate investors. With an estimated 251 households, homes in the area display a typical price tag of $532,339, aligning with Q3 2023 projections for the Australian property market.

    Properties within Punchbowl 7249 currently command a median weekly rent of $422. The indicative yield sits at an advantageous 4.12%, a figure that could entice cash flow-centric investors. This robust yield presents an attractive proposition for those looking for substantial returns on investment.

    The suburb presents a moderately healthy socio-economic score, with an IRSAD rating of 895 out of 1217. This reflects a community with reasonable access to economic resources – a tempting demographic for potential landlords.

    Delving into the suburb’s renter to owner ratio, we see a figure of 39%. While somewhat higher than the ideal threshold, with careful market analysis potential real estate investors can still make a positive return.

    Punchbowl 7249 does well in the units to houses ratio, sitting just at 8%. This ensures low competition amongst landlords for tenants, a factor that often drives higher rental yields.

    The affordability index, or years to own, stands at 33 years for houses in the area. Although it exceeds the desired threshold of 30 years, this does not derail the suburb’s appeal as a promising investment destination.

    Analysing supply metrics, the stock on market Percentage for houses is recorded at a neutral 0.53%. The inventory period is a moderately high 4.0 months. From this, we learn that the suburb exhibits a balanced housing supply and demand.

    The Building Approval Ratio for houses in Punchbowl 7249 is a favourable 1.6%, suggesting that an oversupply situation is unlikely, allowing home values to appreciate.

    With an average of 59 days on market for houses, demand in the area maintains a respectable pace considering the broader market conditions. The vacancy rate sits at a neutral 2.02%, which implies that homes are filled quite consistently.

    To gauge prospective demand, we note that the buy search index for houses is 4. While slightly under the neutral range, with additional market research, we can identify potential investment appeal within Punchbowl 7249.

    It’s crucial to analyse these metrics in conjunction, considering other influencing factors and market trends. The secret of successful property investments lies in the holistic appraisal of the market, directed by reliable data sources and performed on a consistent basis. And remember, RCS metric developed by HtAG Analytics can help automate this process using even more comprehensive data.

    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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