Grindelwald is a small community in Tasmania within the West Tamar local government area (postcode 7277). With a population of 1,037, the suburb has a mature demographic with a median age of 50. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Grindelwald is $692,000, having risen modestly 1.7% over the past 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, Grindelwald offers a gross rental yield of 3.0%, rated as 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.
Grindelwald is a small community in Tasmania within the West Tamar local government area (postcode 7277). With a population of 1,037, the suburb has a mature demographic with a median age of 50. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Grindelwald is $692,000, having risen modestly 1.7% over the past 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, Grindelwald offers a gross rental yield of 3.0%, rated as 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.