Cygnet is a small community in Tasmania within the Huon Valley local government area (postcode 7112). With a population of 1,742, the suburb has a mature demographic with a median age of 46. Households earn a median income of $54K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.

The median house price in Cygnet is $650,000, having dropped significantly 8.1% over the past year. Units have a median price of $600,000 (+23.7% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,280.

Cygnet is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 928, which is below the national average of 1,000. Public transport access includes 7 bus stops.

From an investment perspective, Cygnet offers a gross rental yield of 4.0%, rated as moderate yield. Property prices are near the state median ($650K/$750K). The price-to-income ratio of 12.0x is considered stretched. House prices have moved -8.1% year-on-year.