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Castra, TAS 7315

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$720,000

Median Unit

$580,000

list-price estimate

Gross Yield (houses)

3.4%

1yr Growth

-

Investment snapshot for Castra

Castra has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Castra market and investor summary

Castra (TAS 7315) runs a median house price of $720K, with houses yielding a gross 3.4%. At 0.3% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.4% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking. Houses also take time to sell, around 77 days on market, so plan for a slower exit if you ever need one.

Living in Castra: people, income and schools

Castra is home to around 41 people, a number that has held fairly steady over five years. The median age is 52, an older, established demographic, and families account for 67% of households.

On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
41
+1% over 5yr
Median age
52 years
Households renting
23%
Family households
67%
Socio-economic rank
2/10
ABS advantage index
Unemployment
3.9%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Castra

No properties currently listed in Castra

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Frequently asked questions about Castra

What should I check before investing in Castra?

Castra has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.3% 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 Castra?

The median property price in Castra, TAS 7315 is $720K for houses.

What rental yield does Castra show?

The gross rental yield in Castra is 3.4% for houses. 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 Castra?

The current vacancy rate in Castra is 0.3%. 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 Castra?

Castra has a population of approximately 41 residents, with a median age of 52.

Is Castra's population growing?

The population of Castra has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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