Hadspen is a smaller suburb in Tasmania within the Meander Valley local government area (postcode 7290). With a population of 2,429, the suburb has an established demographic with a median age of 39. Households earn a median income of $77K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Hadspen is $640,000, having surged 11.5% over the past year. Units have a median price of $430,000 (+18.6% YoY). The current median weekly rent is $300. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,356.
Public transport access includes 2 rail stations, 13 bus stops.
From an investment perspective, Hadspen offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($640K/$750K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +11.5% year-on-year.
Hadspen is a smaller suburb in Tasmania within the Meander Valley local government area (postcode 7290). With a population of 2,429, the suburb has an established demographic with a median age of 39. Households earn a median income of $77K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Hadspen is $640,000, having surged 11.5% over the past year. Units have a median price of $430,000 (+18.6% YoY). The current median weekly rent is $300. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,356.
Public transport access includes 2 rail stations, 13 bus stops.
From an investment perspective, Hadspen offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($640K/$750K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +11.5% year-on-year.