Binalong Bay TAS 7216

Here you can find what you need to know about Binalong Bay, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$670K Median Sale Price (National Average $485k) 61st In TAS
-14.65% Median Sale Price Change (1yr) (National Average 4.30%) 724th In TAS
$455pw Median Rent (National Average $395) 73rd In TAS
3.5% Median Gross Yield (National Average 4.24%) 96th In TAS

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Binalong Bay, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Binalong Bay, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Binalong Bay, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Binalong Bay


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Suburb Information

Binalong Bay, TAS 7216

Part of: Break O'Day Council No data available

The size of Binalong Bay is approximately 45.1 square kilometres. It has 3 parks covering nearly 88.2% of total area. The population of Binalong Bay in 2011 was 209 people. By 2016 the population was 288 showing a population growth of 37.8% in the area during that time. The predominant age group in Binalong Bay is 60-69 years. Households in Binalong Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Binalong Bay work in a professional occupation. In 2011, 81.4% of the homes in Binalong Bay were owner-occupied compared with 77.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Binalong Bay

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Binalong Bay   for Houses in last 12 months


There have been 10 Houses sold in Binalong Bay in the past 12 months with a median sale price of $670K, down 14.6% annually. It takes on average 61 days to sell with vendor discounting of -5.6%.

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