Longford is a smaller suburb in Tasmania within the Northern Midlands local government area (postcode 7301). With a population of 4,268, the suburb has a mature demographic with a median age of 47. Households earn a median income of $63K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Longford is $553,000, having increased 3.5% over the past year. Units have a median price of $483,000 (+9.7% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,300.
Longford is served by 1 school, including 1 primary. The average ICSEA score is 921, which is below the national average of 1,000. Public transport access includes 17 bus stops.
From an investment perspective, Longford offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($553K/$750K). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +3.5% year-on-year.
Longford is a smaller suburb in Tasmania within the Northern Midlands local government area (postcode 7301). With a population of 4,268, the suburb has a mature demographic with a median age of 47. Households earn a median income of $63K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Longford is $553,000, having increased 3.5% over the past year. Units have a median price of $483,000 (+9.7% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,300.
Longford is served by 1 school, including 1 primary. The average ICSEA score is 921, which is below the national average of 1,000. Public transport access includes 17 bus stops.
From an investment perspective, Longford offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($553K/$750K). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +3.5% year-on-year.