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Myalla, TAS 7325

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

Data updated

Median House

$795,000

list-price estimate

Median Unit

$355,000

list-price estimate

Gross Yield (houses)

3.9%

1yr Growth (houses)

+2.6%

market range +0.0% to +17.5%

Investment snapshot for Myalla

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

Read the full Myalla verdict

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Investment score breakdown

See exactly which signals drive Myalla - yield, growth, affordability, vacancy, livability, safety, and demographics.

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Myalla market and investor summary

In Myalla, TAS 7325, houses show a gross rental yield of 3.9%. House prices have moved +2.6% over the past year. At 3.1% vacancy, it is a softer rental market with more choice for tenants.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.9% is neither a standout cashflow play nor a pure growth bet.

Living in Myalla: people, income and schools

About 66 people live in Myalla, a number that has held fairly steady over five years. At a median age of 38, it reads as broadly working-age, and families account for 82% of households.

The typical household income runs to around $76,000 a year (about $1,470 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
66
+5% over 5yr
Median age
38 years
Median household income
$76,000/yr
Households renting
24%
Family households
82%
Socio-economic rank
2/10
ABS advantage index
Unemployment
4.1%

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

Properties in Myalla

No properties currently listed in Myalla

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Frequently asked questions about Myalla

What should I check before investing in Myalla?

Myalla 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 rental yield does Myalla show?

The gross rental yield in Myalla is 3.9% 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 Myalla?

House prices in Myalla are up 2.6% over the past year. 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 Myalla?

The current vacancy rate in Myalla is 3.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Myalla?

Myalla has a population of approximately 66 residents, with a median age of 38.

Is Myalla's population growing?

The population of Myalla 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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