Located in Tasmania within the Huon Valley local government area, Huonville is a compact suburb (postcode 7109). The area has roughly 3,002 residents and a settled mid-life population, with a median age of 41. Households earn a median income of $67K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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 technicians & trades, professionals, labourers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are English, Australian, Aboriginal Australian.
Huonville has a median house price of $700,000, which has declined by 3.4% year-on-year. Units have a median price of $453,000 (-4.6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,379.
Huonville is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 905, which is below the national average of 1,000. Public transport access includes 17 bus stops.
On the investment side, The gross rental yield works out to roughly 3.7%, which reads as moderate yield. Property prices are near the state median ($700K/$750K). The price-to-income ratio of 10.5x is considered stretched. House prices have moved -3.4% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.