West Coast is a small, quiet locality in Tasmania within the Circular Head local government area (postcode 7469). With a population of 8, the suburb has an older-leaning population with a median age of 48. Households earn a median income of $23K per year, with an average household size of 1.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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 median house price in West Coast is $204,000, having risen modestly by 1.8% over the past year. Units have a median price of $165,000 (+1.2% YoY). The median monthly mortgage repayment is $390.
On the investment side, Property prices sit below the state median ($204K/$750K), which can point to relative value. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +1.8% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.