Triabunna is a small locality in Tasmania within the Glamorgan-Spring Bay local government area (postcode 7190). The area has roughly 905 residents and a mature demographic, with a median age of 51. Households earn a median income of $48K 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 +0.9% 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, managers. Employment in the area leans toward agriculture and accommodation & food. The top ancestries reported are English, Australian, Irish.
The median house price in Triabunna is $690,000, having increased by 3.8% over the past year. Units have a median price of $610,000 (+4.5% YoY). The current median weekly rent is $455. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $942.
Triabunna is served by 1 school, including 1 combined. The average ICSEA score is 883, which is well below the national average of 1,000. Public transport access includes 1 ferry wharf, 8 bus stops.
On the investment side, Triabunna shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices are near the state median ($690K/$750K). The price-to-income ratio of 14.4x is considered stretched. House prices have moved +3.8% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.