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Heybridge, TAS 7316
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$910,000
market range $550K-$925K
Median Unit
$450,000
Gross Yield (houses)
1.9%
1yr Growth (houses)
+20.0%
market range -32.5% to +30.0%
Investment snapshot for Heybridge
Heybridge has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Heybridge market and investor summary
Heybridge (TAS 7316) runs a median house price of $910K, with houses yielding a gross 1.9%. House prices have moved +20.0% over the past year and +1.3% over three years. At 1.9% 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 1.9% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking. Houses also take time to sell, around 106 days on market, so plan for a slower exit if you ever need one.
Living in Heybridge: people, income and schools
Heybridge has a resident population of roughly 442, a number that has held fairly steady over five years. The median age is 48, skewed a little older, and 79% 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 $67,000 a year, or roughly $1,290 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 13.6 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing below the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 442
- +3% over 5yr
- Median age
- 48 years
- Median household income
- $67,000/yr
- Households renting
- 18%
- Family households
- 73%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 881
- Unemployment
- 3.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Heybridge
No properties currently listed in Heybridge
Search Heybridge listings →Frequently asked questions about Heybridge
What should I check before investing in Heybridge?
Heybridge 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. Capital growth of +20.0% in the past year shows strong 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 Heybridge?
The median property price in Heybridge, TAS 7316 is $910K for houses and $450K for units.
What rental yield does Heybridge show?
The gross rental yield in Heybridge is 1.9% 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.
What does recent house price growth show for Heybridge?
House prices in Heybridge are up 20.0% over the past year and up 1.3% 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 Heybridge?
The current vacancy rate in Heybridge is 1.9%. 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 Heybridge?
Heybridge has a population of approximately 442 residents, with a median age of 48.
What schools are near Heybridge?
There are 1 school within roughly 5km of Heybridge. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Heybridge affordable to buy in?
A median house in Heybridge costs about 13.6 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 Heybridge's population growing?
The population of Heybridge has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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