Located in Tasmania within the Dorset local government area, Scottsdale is a smaller residential area (postcode 7260). The area has roughly 2,408 residents and an older-leaning population, with a median age of 47. Households earn a median income of $50K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 labourers, technicians & trades, machinery operators & drivers. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are Australian, English, Irish.
Scottsdale has a median house price of $450,000, which has fallen by 6.2% year-on-year. Units have a median price of $483,000 (+6.6% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,018.
Scottsdale is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 924, which is below the national average of 1,000. Public transport access includes 5 bus stops.
Looking at the investment signals, Scottsdale shows a gross rental yield of approximately 5.2%, rated as high yield. Property prices sit below the state median ($450K/$750K), which can point to relative value. The price-to-income ratio of 9.0x is considered moderate. House prices have moved -6.2% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.