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Longford, TAS 7301

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

Data updated

Tight Rental MarketStrong Growth

Median House

$640,000

market range $575K-$700K

Median Unit

$495,000

market range $450K-$575K

Gross Yield (houses)

4.5%

1yr Growth (houses)

+16.9%

market range +5.0% to +17.5%

Investment snapshot for Longford

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

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Longford market and investor summary

Longford (TAS 7301) runs a median house price of $640K, with houses yielding a gross 4.5%. House prices have moved +16.9% over the past year and +10.0% over three years. At 0.4% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.5% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.4% and a resident base that is not shrinking.

Living in Longford: people, income and schools

Longford has a resident population of roughly 4,268, and the area has been growing steadily, up about 8% over five years. The median age is 47, skewed a little older, and 71% of homes are owner-occupied.

Households here earn a median of about $63,000 a year, or roughly $1,210 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 10.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

There are 2 schools within about 5km, testing close to the national school average on ICSEA. Some errands can be done on foot, though a car still helps; the suburb scores 68 for walkability and 2 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
4,268
+8% over 5yr
Median age
47 years
Median household income
$63,000/yr
Households renting
24%
Family households
67%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
2
avg ICSEA 954
Unemployment
2.9%
Walk score
68/100

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

Properties in Longford

No properties currently listed in Longford

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Frequently asked questions about Longford

What should I check before investing in Longford?

Longford has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.5% gives a usable rent-to-price starting point. Capital growth of +16.9% 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 Longford?

The median property price in Longford, TAS 7301 is $640K for houses and $495K for units.

What rental yield does Longford show?

The gross rental yield in Longford is 4.5% for houses. 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 Longford?

House prices in Longford are up 16.9% over the past year and up 10.0% 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 Longford?

The current vacancy rate in Longford is 0.4%. 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 Longford?

Longford has a population of approximately 4,268 residents, with a median age of 47.

What schools are near Longford?

There are 2 schools within roughly 5km of Longford. 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 Longford affordable to buy in?

A median house in Longford costs about 10.2 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 Longford's population growing?

The population of Longford 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.

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