Sheffield TAS 7306

Houses Units

Here you can find what you need to know about Sheffield, 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

$250k Median Sale Price (National Average $485k) 416th In TAS
4.17% Median Price Change (1 yr) (National Average 4.30%) 332nd In TAS
$270pw Median Rent (National Average $395) 296th In TAS
5.6% Median Gross Yield (National Average 4.24%) 103rd In TAS
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Properties sold 42
Average discounting -3.60%
Average Days on Market 45
Stock on Market 18 for sale

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.

Sheffield, 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.

Sheffield, 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.

Sheffield, 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 Sheffield


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State Auction Clearance Rates - February 2019

Auctions Clearance rate
TAS 4 50%
ACT 52 48%
NSW 521 61%
NT 14 44%
QLD 86 33%
SA 83 67%
VIC 657 54%
WA 41 31%

Local Schools


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Suburb Information

Sheffield, TAS 7306

Part of: Kentish Council No data available

The size of Sheffield is approximately 60.9 square kilometres. It has 3 parks covering nearly 11.6% of total area. The population of Sheffield in 2011 was 1,538 people. By 2016 the population was 1,566 showing a population growth of 1.8% in the area during that time. The predominant age group in Sheffield is 60-69 years. Households in Sheffield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sheffield work in a managers occupation. In 2011, 72.1% of the homes in Sheffield were owner-occupied compared with 71.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Sheffield

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Sheffield   for Houses in last 12 months


There have been 39 Houses sold in Sheffield in the past 12 months with a median sale price of $254K, up 4.54% annually. It takes on average 121 days to sell with vendor discounting of -6.92%.

Streets in Sheffield

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Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Stieglitz TAS, 7216 17.95% $230,000 $245pw 5.5% View Suburb Profile
Burnie TAS, 7320 14% $285,000 $250pw 4.6% View Suburb Profile
Elizabeth Grove SA, 5112 5.85% $217,000 $250pw 6.0% View Suburb Profile
Safety Beach VIC, 3936 17.11% $860,751 $490pw 3.0% View Suburb Profile
Port Sorell TAS, 7307 Unavailable $365,000 $335pw 4.8% View Suburb Profile
Mowbray TAS, 7248 10% $242,000 $295pw 6.3% View Suburb Profile