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Neika, TAS 7054
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$985,000
list-price estimate
Median Unit
$560,000
list-price estimate
Gross Yield
-
1yr Growth (houses)
+8.1%
market range -5.0% to +12.5%
Investment snapshot for Neika
Neika has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Neika market and investor summary
Neika sits in TAS, postcode 7054. House prices have moved +8.1% over the past year. At 2.7% vacancy, it is a broadly balanced rental market.
Living in Neika: people, income and schools
Neika is home to around 200 people, a number that has held fairly steady over five years. The median age is 45, skewed a little older, and 80% 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 $87,000 a year, or roughly $1,670 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
It is roughly 11 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 92 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 200
- +3% over 5yr
- Median age
- 45 years
- Median household income
- $87,000/yr
- Households renting
- 17%
- Family households
- 83%
- Socio-economic rank
- 8/10
- ABS advantage index
- Unemployment
- 2.9%
- Distance to CBD
- 11 km
- Walk score
- 92/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Neika
No properties currently listed in Neika
Search Neika listings →Frequently asked questions about Neika
What should I check before investing in Neika?
Neika has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +8.1% in the past year shows strong recent price momentum. Walkability score of 92 broadens the tenant pool beyond car-dependent renters. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What does recent house price growth show for Neika?
House prices in Neika are up 8.1% 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 Neika?
The current vacancy rate in Neika is 2.7%. 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 Neika?
Neika has a population of approximately 200 residents, with a median age of 45.
Is Neika's population growing?
The population of Neika has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Neika from the CBD?
Neika is about 11 km from the CBD.
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