Grassy is in King Island LGA, TAS, postcode 7256, with population 121.
The page is still useful for local context, but the evidence stack is too thin for a clean one-page call. Use nearby stronger suburbs or compare mode before treating it as a serious shortlist decision.
Evidence depth is verify-heavy, so the profile should be treated as provisional. The page is thin enough that nearby alternatives should be checked before shortlisting. Small local population makes the signal set more fragile.
Price series isn't recorded for this suburb. Census housing data is shown instead.
60% of homes here are owner-occupied and 42% rented, with 5% of landlords negatively geared.
A balanced 60% owner-occupier / 42% renter mix.
ABS Census 2021 tenure (G37), ATO postcode rental statistics, and QuickProperty's investor-exposure index. Owner-occupied = owned outright + with a mortgage.
This suburb 14% · TAS median 20%
Nationally · lighter rent burden than 77% of AU suburbs
Owners with a mortgage repay a median of $625/mo, while renters pay about $542/mo — owning runs $83/mo higher on these medians.
At the median asking rent, about 19% of households here would spend more than 30% of income on rent (rent stress line: $417/wk income).
Getting to work: 84% drive, 0% public transport, 0% walk or cycle, 7% worked from home (2021 Census, taken during COVID-era work-from-home arrangements).
ABS population projection (2022 base) for the King Island SA2 statistical area — the finest official projection grain available; suburb-level projections do not exist.
Grassy (postcode 7256) is a quiet locality in Tasmania within the King Island local government area. The area has roughly 121 residents and a mix of young professionals and families, with a median age of 36. Households earn a median income of $48K per year, with an average household size of 2 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -0.7% year-on-year at the LGA level. TAS employment has moved -1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. TAS also had 17 Commonwealth-backed major projects under construction, 2 underway, and 16 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, managers. Employment in the area leans toward manufacturing and agriculture. The top ancestries reported are Australian, English, Irish.
The median weekly rent is $125 (Census 2021). The median monthly mortgage repayment is $625.
On the investment side, Population growth of -0.7% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
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Grassy 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.
Official annual SA2 price series matched to suburb pages as fallback coverage
This gives you directional coverage, but it is weaker than a current rent release.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
This page stays indexable because Grassy is a real locality with enough context to be directionally useful. The tradeoff is that coverage is lighter than a stronger suburb profile, so the read should stay cautious.
Small-population localities can still be worth checking, but rankings, comparisons, and broad suburb assumptions become noisier faster.
Coverage is thinner on school matches, hospital coverage, transport stops, and crime coverage; lean less on this one page and confirm those gaps elsewhere.
Use it for context first, then move to compare, the state hub, or a larger nearby suburb before calling it a full market decision.
This page remains visible, but it should be read as a locality brief rather than a full-confidence suburb profile.
Read it as a direction-setter rather than a final answer: frame the locality, then verify with compare, stronger nearby suburbs, and the state hub.
If Grassy feels too thin on its own, use these nearby suburbs as stronger local reads before making a shortlist decision.
pop same · rent +$15/wk
Similar local read: useful for context, but still compare the actual market signals.
pop same · rent +$75/wk
Similar local read: useful for context, but still compare the actual market signals.
Grassy is in the King Island Local Government Area, TAS, postcode 7256. Council-level context for King Island LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The median weekly rent in Grassy is $125/wk, based on ABS Census 2021 rent fallback.
QuickProperty's investment signals for Grassy show: Declining, Steady. These are computed from price, rent, income, and population data — not an opaque score.
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.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.