Located in Tasmania within the Central Coast (Tas.) local government area, Turners Beach is a small locality (postcode 7315). It is home to about 1,966 residents, with a settled, mature resident base and a median age of 46. Households earn a median income of $79K per year, with an average household size of 2.4 people. 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 professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Turners Beach is $730,000, having risen by 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, Gross rental yield sits at around 2.0% (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.