Wynyard TAS

Postcode 7325 · Waratah-Wynyard LGA

Wynyard is a mid-sized suburb in Tasmania within the Waratah-Wynyard local government area (postcode 7325). With a population of 6,296, the suburb has a mature demographic with a median age of 49. Households earn a median income of $54K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.

The median house price in Wynyard is $506,000, having grown strongly 6.5% over the past year. Units have a median price of $405,000 (+14.1% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,213.

Wynyard is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 33 bus stops.

From an investment perspective, Wynyard offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($506K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +6.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.6% Moderate Yield
Price vs State$506K/$750K Below Median
Affordability9.3x Moderate
Price Momentum+6.5% Rising
INCOME (ATO 2022-23)
Median Income$52,313
Mean Income$60,597
Earners3,544
YoY Change+2.2%
SEIFA INDEX (ABS)
Advantage2/10
Education2/10
Economic2/10
Disadvantage2/10
MEDIAN HOUSE
$506K
6.5% YoY
MEDIAN UNIT
$405K
14.1% YoY
MEDIAN RENT /WK
$221
POPULATION
6,296
DEMOGRAPHICS
Median Age49
Household Size2.2
HH Income /wk$1,042
Personal Income /wk$596
Mortgage /mth$1,213
TRANSPORT
Bus Stops33
SCHOOLS (3)
Avg ICSEA942
Total Students708
Government2
Catholic1
Table Cape Primary SchoolPrimary · Government · ICSEA 921
Wynyard High SchoolSecondary · Government · ICSEA 922
St Brigid's Catholic SchoolPrimary · Catholic · ICSEA 983
Data: 2024