Miandetta TAS

Postcode 7310 · Devonport LGA

Miandetta is a small community in Tasmania within the Devonport local government area (postcode 7310). With a population of 1,822, the suburb has an established demographic with a median age of 41. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Scottish.

The median house price in Miandetta is $573,000, having surged 16.8% over the past year. Units have a median price of $416,000 (+2.3% YoY). The median weekly rent is $290 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,300.

Miandetta is served by 1 school, including 1 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 10 bus stops.

From an investment perspective, Miandetta offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($573K/$750K). The price-to-income ratio of 7.9x is considered moderate. House prices have moved +16.8% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.6% Low Yield
Price vs State$573K/$750K Near Median
Affordability7.9x Moderate
Price Momentum+16.8% Rising
INCOME (ATO 2022-23)
Median Income$56,235
Mean Income$64,970
Earners2,438
YoY Change+6.6%
SEIFA INDEX (ABS)
Advantage3/10
Education2/10
Economic3/10
Disadvantage2/10
MEDIAN HOUSE
$573K
16.8% YoY
MEDIAN UNIT
$416K
2.3% YoY
MEDIAN RENT /WK
$290
POPULATION
1,822
DEMOGRAPHICS
Median Age41
Household Size2.4
HH Income /wk$1,393
Personal Income /wk$723
Mortgage /mth$1,300
TRANSPORT
Bus Stops10
SCHOOLS (1)
Avg ICSEA950
Total Students322
Government1
Miandetta Primary SchoolPrimary · Government · ICSEA 950
Data: 2024