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Suburb profile ·Northern Midlands LGA · TAS ·7302

Cressy TAS 7302

Cressy is in Northern Midlands LGA, TAS, postcode 7302, with population 1,149.

The read

Verify-first

The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.

$230/wk
Jul 2024 → Nov 2024 · 2 periods
TAS rental bonds · suburb grain · Nov 2024
$430
$236
Jul 2024Nov 2024
Why it fits

Transport coverage adds a practical access signal.

What to check

Evidence depth is verify-heavy, so the profile should be treated as provisional.

Median house
No local house series
Median rent
$230/wk
Market rent signal
D4 vs AU
Gross yield
Need rent + price
Population
1,149
1K local footprint
D8 vs AU
Schools
1
Matched school context
D1 vs AU
Solar
183
13 added 12mo · 2MW

Price history

No price history available

Price series isn't recorded for this suburb. Census housing data is shown instead.

Median mortgage · mth$1,200
Median rent · wk$230

Affordability

18%
median weekly rent as a share of gross household income (the 30% rule)
Manageable

Owners with a mortgage repay a median of $1,200/mo, while renters pay about $997/mo — owning runs $203/mo higher on these medians.

Household income · yr
$68K
Median rent · wk
$230
Owner mortgage · mo
$1,200

Household income

$68K household · yr-0.9% vs TAS suburb median
Personal
$39K
Family
$89K
Household
$68K

Schools

Total1
Avg ICSEA936
Students415
Government1
  • Cressy District High SchoolCombined · Government · ICSEA 936

Full data detail

Cressy TAS — Property Data and Demographics

Cressy (postcode 7302) is a close-knit residential community in Tasmania within the Northern Midlands local government area. It is home to about 1,149 residents, with an established family demographic and a median age of 38. Households earn a median income of $68K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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 labourers, managers, technicians & trades. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Scottish.

The median weekly rent is $230 (Census 2021). The median monthly mortgage repayment is $1,200.

Cressy is served by 1 school, including 1 combined. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 12 bus stops.

On the investment side, Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Market & money
Investment signalsHeuristics
Pop. Growth+0.7%· Stable
Development+0%· Steady
InvestmentTAS
Mortgage · mth$1,200
Rent · wk(Census)$230
Population growth · Northern Midlands LGAABS ERP
Population (2025)14,544
5-year growth+1.3% CAGR
YoY change+0.7%
20012025
Development · Northern Midlands LGAABS Approvals
Approvals (2026)143
Houses143
YoY change+0%
Employment · Northern Midlands LGASALM
Unemployment (Dec-25)2.8%
YoY change+0pp
Dec-10Dec-25
Property investors · Postcode 7302ATO
Negatively geared40 (3.2% of filers)
Avg rental loss$6,259/yr
Landlords (rental income)108
Reported capital gains73
People & prosperity
DemographicsCensus 21
Population1,149
Median age38
Household size2.5
HH income · wk$1,300
Personal income · wk$751
Persons / bedroom0.8
SEIFA indexABS
Advantage (IRSAD)3/10
Education (IEO)2/10
Economic (IER)3/10
Disadvantage (IRSD)2/10
Area & amenity
TransportGTFS
Bus stops12
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Current status
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Sources & freshness
Verify-heavy evidence

Cressy leans on evidence that should be verified before a decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Prices come from release-based suburb series.

Official annual SA2 price series matched to suburb pages as fallback coverage

RENT POSTURE
Rent is falling back to Census, not a market feed.

This gives you directional coverage, but it is weaker than a current rent release.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
ABS Data by Region · Official annual SA2 price series matched to suburb pages as fallback coverage
medium stability · manual file · snapshot · release-based
Missing
Market rent
ABS Census 2021 · Using Census rent fallback
stable source · manual file · snapshot · census-cycle
Verify
Crime
State crime dataset · No linked local crime series
Missing
Schools
ACARA 2025 · 1 schools matched
stable source · automated · every update · annual
Available
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 12 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

Cressy FAQ

Common questions
  1. What LGA is Cressy in?

    Cressy is in the Northern Midlands Local Government Area, TAS, postcode 7302. Council-level context for Northern Midlands LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the typical weekly rent in Cressy?

    The median weekly rent in Cressy is $230/wk, based on ABS Census 2021 rent fallback.

  3. Is Cressy a good investment?

    QuickProperty's investment signals for Cressy show: Stable, Steady. These are computed from price, rent, income, and population data — not an opaque score.

  4. Where does QuickProperty get its data for Cressy?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  5. How often is the Cressy data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.