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Meander, TAS 7304
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$695,000
market range $450K-$725K
Median Unit
$450,000
list-price estimate
Gross Yield
-
1yr Growth (houses)
+2.1%
market range -32.5% to +15.0%
Investment snapshot for Meander
Meander has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Meander market and investor summary
Meander (TAS 7304) runs a median house price of $695K. House prices have moved +2.1% over the past year and +16.5% over three years. At 2.9% vacancy, it is a broadly balanced rental market.
Houses also take time to sell, around 108 days on market, so plan for a slower exit if you ever need one.
Living in Meander: people, income and schools
Meander has a resident population of roughly 337, a number that has held fairly steady over five years. The median age is 52, an older, established demographic, and 77% 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 $1,140 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 11.7 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.
It is fairly car-dependent; the suburb scores 22 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 337
- +5% over 5yr
- Median age
- 52 years
- Median household income
- $59,000/yr
- Households renting
- 17%
- Family households
- 71%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 3.0%
- Walk score
- 22/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Meander
No properties currently listed in Meander
Search Meander listings →Frequently asked questions about Meander
What should I check before investing in Meander?
Meander has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Meander?
The median property price in Meander, TAS 7304 is $695K for houses.
What does recent house price growth show for Meander?
House prices in Meander are up 2.1% over the past year and up 16.5% 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 Meander?
The current vacancy rate in Meander is 2.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Meander?
Meander has a population of approximately 337 residents, with a median age of 52.
Is Meander affordable to buy in?
A median house in Meander costs about 11.7 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 Meander's population growing?
The population of Meander has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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