Old Beach is a smaller suburb in Tasmania within the Brighton local government area (postcode 7017). With a population of 4,394, the suburb has an established demographic with a median age of 40. Households earn a median income of $97K per year, with an average household size of 2.6 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Old Beach is $745,000, having increased 4.9% over the past year. Units have a median price of $513,000 (-6% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,517.
Public transport access includes 24 bus stops.
From an investment perspective, Old Beach offers a gross rental yield of 4.3%, rated as moderate yield. Property prices are near the state median ($745K/$750K). The price-to-income ratio of 7.7x is considered moderate. House prices have moved +4.9% year-on-year.
Old Beach is a smaller suburb in Tasmania within the Brighton local government area (postcode 7017). With a population of 4,394, the suburb has an established demographic with a median age of 40. Households earn a median income of $97K per year, with an average household size of 2.6 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Old Beach is $745,000, having increased 4.9% over the past year. Units have a median price of $513,000 (-6% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,517.
Public transport access includes 24 bus stops.
From an investment perspective, Old Beach offers a gross rental yield of 4.3%, rated as moderate yield. Property prices are near the state median ($745K/$750K). The price-to-income ratio of 7.7x is considered moderate. House prices have moved +4.9% year-on-year.