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.
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.