Perth TAS

Postcode 7300 · Northern Midlands LGA

Perth is a smaller suburb in Tasmania within the Northern Midlands local government area (postcode 7300). With a population of 3,472, the suburb has an established demographic with a median age of 39. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Scottish.

The median house price in Perth is $665,000, having surged 12.7% over the past year. Units have a median price of $525,000 (+17.3% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,317.

Perth is served by 1 school, including 1 primary. The average ICSEA score is 972, which is around the national average of 1,000. Public transport access includes 2 rail stations, 9 bus stops.

From an investment perspective, Perth offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($665K/$750K). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +12.7% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.9% Moderate Yield
Price vs State$665K/$750K Near Median
Affordability8.8x Moderate
Price Momentum+12.7% Rising
INCOME (ATO 2022-23)
Median Income$56,634
Mean Income$66,036
Earners3,550
YoY Change+4.5%
SEIFA INDEX (ABS)
Advantage4/10
Education2/10
Economic4/10
Disadvantage3/10
MEDIAN HOUSE
$665K
12.7% YoY
MEDIAN UNIT
$525K
17.3% YoY
MEDIAN RENT /WK
$280
POPULATION
3,472
DEMOGRAPHICS
Median Age39
Household Size2.4
HH Income /wk$1,449
Personal Income /wk$759
Mortgage /mth$1,317
TRANSPORT
Rail Stations2
Bus Stops9
Main Rd opp Perth Fire Station
Perth Fire Station, Main Rd
SCHOOLS (1)
Avg ICSEA972
Total Students297
Government1
Perth Primary SchoolPrimary · Government · ICSEA 972
Data: 2024