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Grasstree Hill, TAS 7017
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$900,000
list-price estimate
Median Unit
$680,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Grasstree Hill
Grasstree Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Grasstree Hill market and investor summary
Grasstree Hill sits in TAS, postcode 7017. At 1.2% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking. Houses also take time to sell, around 64 days on market, so plan for a slower exit if you ever need one.
Living in Grasstree Hill: people, income and schools
Grasstree Hill is home to around 108 people, and the area has been growing steadily, up about 8% over five years. The median age is 45, skewed a little older, and 88% 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 $59,000 a year, or roughly $1,130 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 17% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. It is roughly 12 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 108
- +8% over 5yr
- Median age
- 45 years
- Median household income
- $59,000/yr
- Households renting
- 11%
- Family households
- 80%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 965
- Unemployment
- 2.7%
- Distance to CBD
- 12 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 Grasstree Hill
No properties currently listed in Grasstree Hill
Search Grasstree Hill listings →Frequently asked questions about Grasstree Hill
What should I check before investing in Grasstree Hill?
Grasstree Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.2% 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.
How tight is the rental market in Grasstree Hill?
The current vacancy rate in Grasstree Hill is 1.2%. 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 Grasstree Hill?
Grasstree Hill has a population of approximately 108 residents, with a median age of 45.
What schools are near Grasstree Hill?
There are 1 school within roughly 5km of Grasstree Hill. 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 Grasstree Hill's population growing?
The population of Grasstree Hill 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.
How far is Grasstree Hill from the CBD?
Grasstree Hill is about 12 km from the CBD.
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