Grindelwald is a small community in Tasmania within the West Tamar local government area (postcode 7277). The area has roughly 1,037 residents and a settled, mature resident base, with a median age of 50. Households earn a median income of $85K 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, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
Grindelwald has a median house price of $692,000, which has risen modestly by 1.7% year-on-year. Units have a median price of $452,000 (+0.4% YoY). The median weekly rent is $405 (Census 2021). This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,625.
Public transport access includes 2 bus stops.
From an investment perspective, Gross rental yield sits at around 3.0% (moderate yield). Property prices are near the state median ($692K/$750K). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +1.7% 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.