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Suburb profile ·Meander Valley LGA · TAS ·7303

Westbury TAS 7303

Westbury is in Meander Valley LGA, TAS, postcode 7303, with population 2,272.

The read

Affordability-first

The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.

$400/wk
-13.0% YoY
Jul 2024 → Mar 2026 · 15 periods
TAS rental bonds · suburb grain · Mar 2026
$500
$253
Jul 2024Mar 2026
Why it fits

Entry price sits in the lower-cost range for a first-pass screen. Transport coverage adds a practical access signal.

Median house
$563K
House median, latest period
11.7%YoY D3 vs AU
Median rent
$400/wk
Income-stretched rent market
13.0%YoY D9 vs AU
Gross yield
3.7%
Below investor band
D10 vs AU
Population
2,272
2K local footprint
D9 vs AU
Schools
1
Matched school context
D1 vs AU
Solar
435
35 added 12mo · 3MW

Price history

HousesUnits

Trend & investor depth

Indicative cashflow-$228/wk (-$11,874/yr) · interest-only @ 6.1%, 80% LVR

Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection.

Affordability

Buying
9.6x
median home price as a multiple of annual household income
Moderate
Renting
36%
median weekly rent as a share of gross household income (the 30% rule)
Stretched

Owners with a mortgage repay a median of $1,249/mo, while renters pay about $1,733/mo — renting runs $484/mo higher on these medians.

Median price
$563K
Household income · yr
$58K
Median rent · wk
$400
Owner mortgage · mo
$1,249
Gross yield
3.7%

Household income

$58K household · yr-14.5% vs TAS suburb median
Personal
$30K
Family
$72K
Household
$58K

Schools

Total1
Avg ICSEA965
Students142
Government1
  • Westbury Primary SchoolPrimary · Government · ICSEA 965

Full data detail

Westbury TAS — Property Data and Demographics

Located in Tasmania within the Meander Valley local government area, Westbury is a smaller residential area (postcode 7303). The area has roughly 2,272 residents and a settled, mature resident base, with a median age of 49. Households earn a median income of $58K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.

Westbury has a median house price of $563,000, which has dropped significantly by 11.7% year-on-year. Units have a median price of $478,000 (+17.9% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,249.

Westbury is served by 1 school, including 1 primary. The average ICSEA score is 965, which is around the national average of 1,000. Public transport access includes 5 bus stops.

On the investment side, Westbury shows a gross rental yield of approximately 3.7%, rated as moderate yield. Property prices are near the state median ($563K/$750K). The price-to-income ratio of 9.6x is considered moderate. House prices have moved -11.7% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Market & money
Investment signalsHeuristics
Rental Yield3.7%· Moderate Yield
Price vs State$563K/$750K· Near Median
Affordability9.6x· Moderate
Price Momentum-11.7% Falling
Pop. Growth+0.8%· Stable
Development+0%· Steady
InvestmentTAS
Mortgage · mth$1,249
Rent · wk(Census)$260
Market rent · wk(March 2026)$400
Gross yield2.4%
Price / income9.6x
Population growth · Meander Valley LGAABS ERP
Population (2025)21,739
5-year growth+1.1% CAGR
YoY change+0.8%
20012025
Development · Meander Valley LGAABS Approvals
Approvals (2026)125
Houses120
Units5
YoY change+0%
Employment · Meander Valley LGASALM
Unemployment (Dec-25)2.4%
YoY change-0.1pp
Dec-10Dec-25
Property investors · Postcode 7303ATO
Negatively geared52 (2.9% of filers)
Avg rental loss$4,675/yr
Landlords (rental income)182
Reported capital gains123
People & prosperity
DemographicsCensus 21
Population2,272
Median age49
Household size2.3
HH income · wk$1,122
Personal income · wk$578
Persons / bedroom0.8
IncomeATO 22-23
Median income$48,509
Mean income$55,901
Earners2,823
YoY change+2.2%
SEIFA indexABS
Advantage (IRSAD)2/10
Education (IEO)2/10
Economic (IER)3/10
Disadvantage (IRSD)2/10
Area & amenity
Local amenitiesOSM
Supermarkets1
Pharmacies1
GP / clinics1
Fuel stations3
Cafes & dining4
iga1
TransportGTFS
Bus stops5
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Current status
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Sources & freshness
Strong evidence

There is enough direct local evidence on Westbury for a first-pass decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Prices come from release-based suburb series.

Direct state price coverage is used where present; missing house or unit anchors fall back to annual ABS SA2 matches

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
ABS Data by Region / ABS Data by Region · 2024 · Direct state price coverage is used where present; missing house or unit anchors fall back to annual ABS SA2 matches
medium stability · manual file · snapshot · release-based
Verify
Market rent
Department of Justice Tasmania · March 2026 · State market dataset
medium stability · automated · every update · monthly
Available
Crime
State crime dataset · No linked local crime series
Missing
Schools
ACARA 2025 · 1 schools matched
stable source · automated · every update · annual
Available
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 5 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

Westbury FAQ

Common questions
  1. What LGA is Westbury in?

    Westbury is in the Meander Valley Local Government Area, TAS, postcode 7303. Council-level context for Meander Valley LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Westbury?

    The current median house price in Westbury, TAS is $563K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Westbury?

    The median weekly rent in Westbury is $400/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.

  4. What does the rent signal say about Westbury?

    Income-stretched rent market: Weekly rent screens at about 43% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is Westbury a good investment?

    QuickProperty's investment signals for Westbury show: Moderate Yield, Near Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for Westbury?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the Westbury data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.