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Gordon, TAS 7150

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

Data updated

Strong Growth

Median House

$875,000

list-price estimate

Median Unit

$365,000

Gross Yield (houses)

2.8%

1yr Growth (houses)

+6.2%

market range -12.5% to +15.0%

Investment snapshot for Gordon

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

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Gordon market and investor summary

In Gordon, TAS 7150, houses show a gross rental yield of 2.8%. House prices have moved +6.2% over the past year and +14.2% over three years. At 6.2% 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 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 6.2% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 145 days on market, so plan for a slower exit if you ever need one.

Living in Gordon: people, income and schools

Gordon is home to around 208 people, a number that has held fairly steady over five years. The median age is 51, an older, established demographic, and 86% 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 $60,000 a year, or roughly $1,150 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.

It is roughly 43 km from the CBD. Getting around leans on public transport or a car; the suburb scores 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
208
+5% over 5yr
Median age
51 years
Median household income
$60,000/yr
Households renting
10%
Family households
70%
Socio-economic rank
6/10
ABS advantage index
Unemployment
2.7%
Distance to CBD
43 km

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

Properties in Gordon

No properties currently listed in Gordon

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Frequently asked questions about Gordon

What should I check before investing in Gordon?

Gordon has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +6.2% in the past year shows positive 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 Gordon?

The median property price in Gordon, TAS 7150 is $365K for units.

What rental yield does Gordon show?

The gross rental yield in Gordon is 2.8% for houses and 2.3% for units. 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 Gordon?

House prices in Gordon are up 6.2% over the past year and up 14.2% over three years. 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 Gordon?

The current vacancy rate in Gordon is 6.2%. 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 Gordon?

Gordon has a population of approximately 208 residents, with a median age of 51.

Is Gordon's population growing?

The population of Gordon has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Gordon from the CBD?

Gordon is about 43 km from the CBD.

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