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Elliott, TAS 7325
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$795,000
list-price estimate
Median Unit
$400,000
Gross Yield (houses)
2.2%
1yr Growth
-
Investment snapshot for Elliott
Elliott has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Elliott market and investor summary
In Elliott, TAS 7325, houses show a gross rental yield of 2.2%. At 6.6% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.2% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 6.6% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 86 days on market, so plan for a slower exit if you ever need one.
Living in Elliott: people, income and schools
About 355 people live in Elliott, a number that has held fairly steady over five years. The median age is 45, skewed a little older, and 83% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $76,000 a year, or roughly $1,450 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 355
- +5% over 5yr
- Median age
- 45 years
- Median household income
- $76,000/yr
- Households renting
- 9%
- Family households
- 73%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 4.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Elliott
No properties currently listed in Elliott
Search Elliott listings →Frequently asked questions about Elliott
What should I check before investing in Elliott?
Elliott has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.1%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Elliott?
The median property price in Elliott, TAS 7325 is $400K for units.
What rental yield does Elliott show?
The gross rental yield in Elliott is 2.2% for houses and 5.1% 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 Elliott?
The current vacancy rate in Elliott is 6.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Elliott?
Elliott has a population of approximately 355 residents, with a median age of 45.
Is Elliott's population growing?
The population of Elliott has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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