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Burnie, TAS 7320
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$565,000
market range $500K-$725K
Median Unit
$400,000
market range $250K-$425K
Gross Yield (houses)
4.5%
1yr Growth (houses)
+12.8%
market range -5.0% to +22.5%
Investment snapshot for Burnie
Burnie has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Burnie market and investor summary
In Burnie, TAS 7320, the median house sells for around $565K, on a gross rental yield of 4.5% for houses. House prices have moved +12.8% over the past year. At 0.9% 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 4.5% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking. Houses also take time to sell, around 80 days on market, so plan for a slower exit if you ever need one.
Living in Burnie: people, income and schools
Burnie is home to around 693 people, a number that has held fairly steady over five years. At a median age of 42, it reads as skewed a little older, with renters making up 51% of households.
The typical household income runs to around $55,000 a year (about $1,060 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to a steep 10.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
Families have 14 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Most day-to-day errands are doable on foot; the suburb scores 70 for walkability and 10 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 693
- +1% over 5yr
- Median age
- 42 years
- Median household income
- $55,000/yr
- Households renting
- 51%
- Family households
- 46%
- Socio-economic rank
- 1/10
- ABS advantage index
- Schools within 5km
- 14
- avg ICSEA 966
- Unemployment
- 6.0%
- Walk score
- 70/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Burnie
No properties currently listed in Burnie
Search Burnie listings →Frequently asked questions about Burnie
What should I check before investing in Burnie?
Burnie has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.5% gives a usable rent-to-price starting point. Capital growth of +12.8% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Burnie?
The median property price in Burnie, TAS 7320 is $565K for houses and $400K for units.
What rental yield does Burnie show?
The gross rental yield in Burnie is 4.5% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Burnie?
House prices in Burnie are up 12.8% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Burnie?
The current vacancy rate in Burnie is 0.9%. 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 Burnie?
Burnie has a population of approximately 693 residents, with a median age of 42.
What schools are near Burnie?
There are 14 schools within roughly 5km of Burnie. 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 Burnie affordable to buy in?
A median house in Burnie costs about 10.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Burnie's population growing?
The population of Burnie has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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