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Bells Parade, TAS 7307
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$895,000
Median Unit
$590,000
Gross Yield (houses)
3.9%
1yr Growth
-
Investment snapshot for Bells Parade
Bells Parade has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Bells Parade market and investor summary
Bells Parade (TAS 7307) runs a median house price of $895K, with houses yielding a gross 3.9%. At 0.8% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.9% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking.
Living in Bells Parade: people, income and schools
About 11,849 people live in Bells Parade, and the area has been growing steadily, up about 8% over five years. The median age is 51, an older, established demographic, and families account for 71% of households.
On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10).
There are 4 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 27 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 11,849
- +8% over 5yr
- Median age
- 51 years
- Households renting
- 23%
- Family households
- 71%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 4
- avg ICSEA 951
- Unemployment
- 3.0%
- Walk score
- 27/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Bells Parade
No properties currently listed in Bells Parade
Search Bells Parade listings →Frequently asked questions about Bells Parade
What should I check before investing in Bells Parade?
Bells Parade has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.6% gives a usable rent-to-price starting point. Tight rental market (0.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Bells Parade?
The median property price in Bells Parade, TAS 7307 is $895K for houses and $590K for units.
What rental yield does Bells Parade show?
The gross rental yield in Bells Parade is 3.9% for houses and 4.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Bells Parade?
The current vacancy rate in Bells Parade is 0.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Bells Parade?
Bells Parade has a population of approximately 11,849 residents, with a median age of 51.
What schools are near Bells Parade?
There are 4 schools within roughly 5km of Bells Parade. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Bells Parade's population growing?
The population of Bells Parade has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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