Austins Ferry is a smaller suburb in Tasmania within the Glenorchy local government area (postcode 7011). With a population of 2,395, the suburb has an established demographic with a median age of 39. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Austins Ferry is $667,000, having dipped slightly 0.1% over the past year. Units have a median price of $450,000 (-9.2% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,500.
Austins Ferry is served by 1 school, including 1 combined. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 18 bus stops.
From an investment perspective, Austins Ferry offers a gross rental yield of 4.8%, rated as moderate yield. Property prices are near the state median ($667K/$750K). The price-to-income ratio of 7.9x is considered moderate. House prices have moved -0.1% year-on-year.
Austins Ferry is a smaller suburb in Tasmania within the Glenorchy local government area (postcode 7011). With a population of 2,395, the suburb has an established demographic with a median age of 39. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Austins Ferry is $667,000, having dipped slightly 0.1% over the past year. Units have a median price of $450,000 (-9.2% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,500.
Austins Ferry is served by 1 school, including 1 combined. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 18 bus stops.
From an investment perspective, Austins Ferry offers a gross rental yield of 4.8%, rated as moderate yield. Property prices are near the state median ($667K/$750K). The price-to-income ratio of 7.9x is considered moderate. House prices have moved -0.1% year-on-year.