1362.6 - Regional Statistics, Tasmania, 2005  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 11/10/2005   
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Contents >> Housing and construction >> Property sales >> Mersey-Lyell Region

From 2002-03 to 2003-04, the number of property sales in the Mersey-Lyell Region decreased by 7.5%, from 5,848 sales to 5,410 sales. Over the same period, the mean sales price increased by 38.6% from $95,348 to $132,134.

From 2002-03 to 2003-04, the number of residential property sales in the Mersey-Lyell Region decreased by 17.6%, from 4,631 sales to 3,818 sales. Over the same period, the mean sales price increased by 43.9%, from $94,131 to $135,501. All local government areas recorded a drop in the sales of residential property from 2002-03 to 2003-04, except West Coast and King Island, with increases in the number of residential property sales of 36.8% and 34.8% respectively.

Over the same period and for the following local government areas:

  • Burnie - recorded a 17.7% decrease in the number of residential property sales
  • Devonport - recorded a 26.8% decrease in the number of residential property sales
  • Kentish - recorded a 4.3% decrease in the number of residential property sales.

PROPERTY SALES, Number and mean value - Mersey-Lyell Region
Residential
Other
Total
Mean sales price
Change in no. of sales, 2002-03
to 2003-04
Mean sales price
Mean sales price

Local government area
no.
$
%
no.
$
no.
$
2002-03
Burnie
951
84,821
..
128
115,779
1,079
88,493
Central Coast
843
110,456
..
237
84,536
1,080
104,768
Circular Head
348
87,090
..
122
193,381
470
114,680
Devonport
1,008
106,278
..
196
98,950
1,204
105,085
Kentish
186
93,298
..
98
68,744
284
84,825
King Island
46
65,880
..
37
105,223
83
83,418
Latrobe
332
112,942
..
195
77,846
527
99,955
Waratah/Wynyard
613
92,122
..
161
99,991
774
93,758
West Coast
304
34,066
..
43
44,776
347
35,393
Total

4,631
94,131
..
1,217
99,978
5,848
95,348
Tasmania
19,842
124,179
..
6,051
103,030
25,893
119,237

2003-04
Burnie
783
132,889
-17.7
205
154,050
988
137,279
Central Coast
592
157,889
-29.8
283
118,039
875
145,007
Circular Head
330
127,563
-5.2
140
145,880
470
133,019
Devonport
738
163,707
-26.8
246
149,742
984
160,216
Kentish
178
131,942
-4.3
200
64,303
378
96,154
King Island
62
92,223
34.8
67
233,112
129
165,398
Latrobe
275
166,488
-17.2
204
114,292
479
144,259
Waratah/Wynyard
444
138,704
-27.6
170
95,168
614
126,650
West Coast
416
48,875
36.8
77
94,544
493
56,008
Total

3,818
135,501
-17.6
1,592
124,057
5,410
132,134
Tasmania
16,334
178,615
-17.7
6,620
146,877
22,954
169,462
.. not applicable
(a) May include sales from previous period and exclude sales from current period due to lags in processing.
(b) Excludes details of property splits due to subdivision and strata titling.
Source: Information and Land Services Division, Department of Primary Industries, Water and Environment.



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