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Gunns Plains, TAS 7315
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$580,000
market range $525K-$900K
Median Unit
$490,000
Gross Yield (houses)
3.2%
1yr Growth
-
Investment snapshot for Gunns Plains
Gunns Plains has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Gunns Plains market and investor summary
Gunns Plains (TAS 7315) runs a median house price of $580K, with houses yielding a gross 3.2%. At 0.6% 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 3.2% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.6% and a resident base that is not shrinking. Houses also take time to sell, around 401 days on market, so plan for a slower exit if you ever need one.
Living in Gunns Plains: people, income and schools
Gunns Plains is home to around 195 people, a number that has held fairly steady over five years. The median age is 39, broadly working-age, and 75% 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 $61,000 a year, or roughly $1,170 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 9.5 times local household income, so affordability is a genuine constraint on local buyers.
- Population
- 195
- +1% over 5yr
- Median age
- 39 years
- Median household income
- $61,000/yr
- Households renting
- 25%
- Family households
- 76%
- 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 Gunns Plains
No properties currently listed in Gunns Plains
Search Gunns Plains listings →Frequently asked questions about Gunns Plains
What should I check before investing in Gunns Plains?
Gunns Plains has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.4%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.6% 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 Gunns Plains?
The median property price in Gunns Plains, TAS 7315 is $580K for houses and $490K for units.
What rental yield does Gunns Plains show?
The gross rental yield in Gunns Plains is 3.2% for houses and 5.4% 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 Gunns Plains?
The current vacancy rate in Gunns Plains is 0.6%. 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 Gunns Plains?
Gunns Plains has a population of approximately 195 residents, with a median age of 39.
Is Gunns Plains affordable to buy in?
A median house in Gunns Plains costs about 9.5 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 Gunns Plains's population growing?
The population of Gunns Plains 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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