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Lower Wilmot, TAS 7310
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$710,000
list-price estimate
Median Unit
$745,000
Gross Yield (houses)
3.3%
1yr Growth
-
Investment snapshot for Lower Wilmot
Lower Wilmot has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Lower Wilmot market and investor summary
In Lower Wilmot, TAS 7310, houses show a gross rental yield of 3.3%. At 0.9% 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 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking.
Living in Lower Wilmot: people, income and schools
Lower Wilmot has a resident population of roughly 136, a number that has held fairly steady over five years. The median age is 50, an older, established demographic, and 85% 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 $1,280 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 136
- +1% over 5yr
- Median age
- 50 years
- Median household income
- $67,000/yr
- Households renting
- 0%
- Family households
- 78%
- Socio-economic rank
- 1/10
- ABS advantage index
- Unemployment
- 5.6%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Lower Wilmot
No properties currently listed in Lower Wilmot
Search Lower Wilmot listings →Frequently asked questions about Lower Wilmot
What should I check before investing in Lower Wilmot?
Lower Wilmot has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.9% 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 Lower Wilmot?
The median property price in Lower Wilmot, TAS 7310 is $745K for units.
What rental yield does Lower Wilmot show?
The gross rental yield in Lower Wilmot is 3.3% for houses and 3.2% 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 Lower Wilmot?
The current vacancy rate in Lower Wilmot is 0.9%. 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 Lower Wilmot?
Lower Wilmot has a population of approximately 136 residents, with a median age of 50.
Is Lower Wilmot's population growing?
The population of Lower Wilmot has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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