Austins Ferry TAS

Postcode 7011 · Glenorchy LGA

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.

INVESTMENT SIGNALS
Rental Yield4.8% Moderate Yield
Price vs State$667K/$750K Near Median
Affordability7.9x Moderate
Price Momentum-0.1% Falling
INCOME (ATO 2022-23)
Median Income$61,817
Mean Income$66,053
Earners3,014
YoY Change+8.8%
SEIFA INDEX (ABS)
Advantage4/10
Education3/10
Economic4/10
Disadvantage3/10
MEDIAN HOUSE
$667K
-0.1% YoY
MEDIAN UNIT
$450K
-9.2% YoY
MEDIAN RENT /WK
$364
POPULATION
2,395
DEMOGRAPHICS
Median Age39
Household Size2.6
HH Income /wk$1,625
Personal Income /wk$762
Mortgage /mth$1,500
TRANSPORT
Bus Stops18
SCHOOLS (1)
Avg ICSEA1024
Total Students792
Catholic1
St Virgil's CollegeCombined · Catholic · ICSEA 1024
Data: 2024