Triabunna TAS

Postcode 7190 · Glamorgan-Spring Bay LGA

Triabunna is a small community in Tasmania within the Glamorgan-Spring Bay local government area (postcode 7190). With a population of 905, the suburb has 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. The most common occupations are labourers, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.

The median house price in Triabunna is $690,000, having increased 3.8% over the past year. Units have a median price of $610,000 (+4.5% YoY). The median weekly rent is $245 (Census 2021). This gives a gross rental yield of approximately 1.8%. 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.

From an investment perspective, Triabunna offers a gross rental yield of 1.8%, rated as low 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.

INVESTMENT SIGNALS
Rental Yield1.8% Low Yield
Price vs State$690K/$750K Near Median
Affordability14.4x Stretched
Price Momentum+3.8% Stable
INCOME (ATO 2022-23)
Median Income$41,616
Mean Income$49,394
Earners3,141
YoY Change+1.5%
SEIFA INDEX (ABS)
Advantage1/10
Education1/10
Economic2/10
Disadvantage1/10
MEDIAN HOUSE
$690K
3.8% YoY
MEDIAN UNIT
$610K
4.5% YoY
MEDIAN RENT /WK
$245
POPULATION
905
DEMOGRAPHICS
Median Age51
Household Size2.2
HH Income /wk$919
Personal Income /wk$493
Mortgage /mth$942
TRANSPORT
Bus Stops8
Ferry Wharves1
Triabunna Wharf, Esplanade West
SCHOOLS (1)
Avg ICSEA883
Total Students151
Government1
Triabunna District SchoolCombined · Government · ICSEA 883
Data: 2024