Tasmania
- There are around 557,368 residents living in Tasmania
- Most residents are couples, with 26% aged 60+ years old
- Majority of homes are detached houses lived in by outright owners
Property price trends
These median prices may indicate the common property values in this area and how they have changed over the last 5 years. Source: CoreLogic
$604,053
House median sale price
2.7% Growth
L
ast 12 months
$465,997
Unit median sale price
0.8% Growth
L
ast 12 months
Median price trend
This could show if the area is improving, suggesting future growth, or declining which may offer short-term buying opportunities.
Showing the trend for house prices over the last 5 years. Source: CoreLogic
Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
42 Days
House median days on market
38 Days
Unit median days on market
9,616 Properties
Sold in last 12 months
4,445 Properties
Available in the last month
State snapshot
There are around 557,368 people living in Tasmania, most residents are couples, predominantly living in detached houses. The most common occupations for locals are managers, professionals, and technicians and trades workers, and the average income band for majority of residents sits between $0k - $34k.
Last month Tasmania had 4,445 properties on sale, with 9,616 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $604,053, which has increased by 2.7%. The median sale price for units has been around $465,997 and has increased by 0.8%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Tasmania is around $490 and has increased by 2.1% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $450 and has increased by 4.7%.
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Tasmania residents
Key characteristics of the residents in the area, open the breakdown to see more detail for each category.
60+
Is the most common age range
Outright Owners
Most common occupant type
Couples
Most common household profile
Managers
Most common occupation
Detached Houses
Most common property type
Occupant status
This may indicate the likelihood of long term residence as owners are less likely to move. The most common are outright owners.
229,409
Total properties
Outright Owners
(36%)
Mortgaged Owners
(32%)
Renters
(24%)
Other
(7%)
Community Housing
(1%)
Property types
This may indicate the likelihood of you finding your ideal property type in the area. The most common are detached houses.
260,852
Total properties
Detached Houses
(86%)
Townhouses
(6%)
Apartments
(6%)
Other
(2%)
Age ranges
This may indicate what stage of life these residents are at. The most common is 60+.
Under 18
19-30
31-40
41-50
51-60
60+
Household profiles
This may indicate likelihood of noise, activity or community events based on who lives here. The most common profile is couples.
Lone Parents
Couples
Families
Singles
Other
Individual yearly income
This may indicate the affluence of individuals in the area. The average income band is $0k - $34k per year.
402,432
individuals
$0k - $34k
(43%)
$35k - $78k
(38%)
$79k - $103k
(10%)
$104k - $182k
(7%)
$182k+
(2%)
Occupations
The top 5 occupations in Tasmania.
1
2
3
4
5
Explore areas in Tasmania
Discover council areas in the state of Tasmania
Break O'Day Council
(27 suburbs)
Median House: $503,757
Median Unit: $361,085
Brighton Council
(9 suburbs)
Median House: $590,716
Median Unit: $443,760
Burnie Council
(33 suburbs)
Median House: $440,014
Median Unit: $349,111
Central Coast Council
(30 suburbs)
Median House: $556,283
Median Unit: $421,796
Central Highlands Council
(46 suburbs)
Median House: $329,526
Median Unit: $424,088
Circular Head Council
(40 suburbs)
Median House: $390,724
Median Unit: $336,855
Clarence Council
(31 suburbs)
Median House: $739,680
Median Unit: $554,656
Derwent Valley Council
(28 suburbs)
Median House: $477,720
Median Unit: $414,775
Devonport Council
(15 suburbs)
Median House: $477,334
Median Unit: $387,280
Dorset Council
(41 suburbs)
Median House: $515,931
Median Unit: $407,901
Flinders Council
(15 suburbs)
Median House: $489,554
Median Unit: $181,400
George Town Council
(14 suburbs)
Median House: $399,600
Median Unit: $410,376
Glamorgan-Spring Bay Council
(19 suburbs)
Median House: $666,267
Median Unit: $496,334
Glenorchy Council
(16 suburbs)
Median House: $578,846
Median Unit: $443,987
Hobart Council
(16 suburbs)
Median House: $937,482
Median Unit: $604,999
Huon Valley Council
(52 suburbs)
Median House: $635,874
Median Unit: $454,099
Kentish Council
(28 suburbs)
Median House: $573,160
Median Unit: $432,714
King Island Council
(16 suburbs)
Median House: $357,147
Median Unit: $523,012
Kingborough Council
(38 suburbs)
Median House: $805,437
Median Unit: $549,767
Latrobe Council
(13 suburbs)
Median House: $648,464
Median Unit: $444,102
Launceston Council
(43 suburbs)
Median House: $556,533
Median Unit: $416,637
Meander Valley Council
(43 suburbs)
Median House: $605,152
Median Unit: $399,788
Northern Midlands Council
(26 suburbs)
Median House: $546,773
Median Unit: $418,095
Sorell Council
(20 suburbs)
Median House: $637,309
Median Unit: $475,139
Southern Midlands Council
(31 suburbs)
Median House: $529,293
Median Unit: $406,405
Tasman Council
(15 suburbs)
Median House: $533,674
Median Unit: $361,159
Waratah-Wynyard Council
(29 suburbs)
Median House: $495,194
Median Unit: $350,757
West Coast Council
(12 suburbs)
Median House: $181,049
Median Unit: $200,893
West Tamar Council
(30 suburbs)
Median House: $629,461
Median Unit: $433,370
Learn about Tasmania
Articles to help you understand key information about buying a home in the state.
Where are first-home buyers buying in 2025, and why?
Why location, lifestyle, and long-term growth are shaping buyer choices.
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TAS Property Market Forecast 2025: Growth suburbs, high-yield hotspots, and investment opportunities
Thinking about buying in Tasmania this year? Here’s where the opportunities are.
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Best suburbs to buy investment properties
Let’s take a look at some of the best-performing suburbs in terms of growth across the states and territories.
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First home buyer grants and concessions in Tasmania
Are you a first home buyer looking for ways to save? Read about the government grants and concessions available in Tasmania, plus eligibility criteria.
Read more
How much is stamp duty in Tasmania?
Like all other states in Australia, home buyers in Tasmania may have to pay stamp duty. Find out how it works and the concessions that you may be eligible for.
Read more
Buying an investment property interstate
Could investing in property interstate be right for you? Here’s what to consider.
Read more