Turners Beach is a small community in Tasmania within the Central Coast (Tas.) local government area (postcode 7315). With a population of 1,966, the suburb has a mature demographic with a median age of 46. Households earn a median income of $79K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Turners Beach is $730,000, having increased 3.5% over the past year. Units have a median price of $458,000 (+103.3% YoY). The median weekly rent is $280 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,387.
Public transport access includes 13 bus stops.
From an investment perspective, Turners Beach offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($730K/$750K). The price-to-income ratio of 9.3x is considered moderate. House prices have moved +3.5% year-on-year.
Turners Beach is a small community in Tasmania within the Central Coast (Tas.) local government area (postcode 7315). With a population of 1,966, the suburb has a mature demographic with a median age of 46. Households earn a median income of $79K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Turners Beach is $730,000, having increased 3.5% over the past year. Units have a median price of $458,000 (+103.3% YoY). The median weekly rent is $280 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,387.
Public transport access includes 13 bus stops.
From an investment perspective, Turners Beach offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($730K/$750K). The price-to-income ratio of 9.3x is considered moderate. House prices have moved +3.5% year-on-year.