Beauty Point is a small community in Tasmania within the West Tamar local government area (postcode 7270). With a population of 1,285, the suburb has an older demographic with a median age of 57. Households earn a median income of $44K per year, with an average household size of 2 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Beauty Point is $460,000, having declined 4.2% over the past year. Units have a median price of $390,000 (-69% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $1,083.
Public transport access includes 5 bus stops.
From an investment perspective, Beauty Point offers a gross rental yield of 6.1%, rated as high yield. Property prices sit below the state median ($460K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -4.2% year-on-year.
Beauty Point is a small community in Tasmania within the West Tamar local government area (postcode 7270). With a population of 1,285, the suburb has an older demographic with a median age of 57. Households earn a median income of $44K per year, with an average household size of 2 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Beauty Point is $460,000, having declined 4.2% over the past year. Units have a median price of $390,000 (-69% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $1,083.
Public transport access includes 5 bus stops.
From an investment perspective, Beauty Point offers a gross rental yield of 6.1%, rated as high yield. Property prices sit below the state median ($460K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -4.2% year-on-year.