Beauty Point is a small community in Tasmania within the West Tamar local government area (postcode 7270). The area has roughly 1,285 residents and 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.3% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, labourers, professionals. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are English, Australian, Irish.
Beauty Point has a median house price of $460,000, which has moved lower by 4.2% year-on-year. Units have a median price of $390,000 (+38.8% YoY). The current median weekly rent is $392. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,083.
Public transport access includes 5 bus stops.
Looking at the investment signals, Beauty Point shows a gross rental yield of approximately 4.4%, rated as moderate yield. Property prices sit below the state median ($460K/$750K), which can point to relative value. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -4.2% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.