Dilston is a small community in Tasmania within the Launceston local government area (postcode 7252). With a population of 558, the suburb has an older-leaning population with a median age of 47. Households earn a median income of $93K per year, with an average household size of 2.6 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 professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are English, Australian, Scottish.
Dilston has a median house price of $645,000, which has moved lower by 7.9% year-on-year. The median weekly rent is $320 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,603.
Public transport access includes 8 bus stops.
From an investment perspective, Dilston shows a gross rental yield of approximately 2.6%, rated as low yield. Property prices are near the state median ($645K/$750K). The price-to-income ratio of 6.9x is considered moderate. House prices have moved -7.9% year-on-year. Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.