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Police Point, TAS 7116

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

Data updated

Tight Rental Market

Median House

$710,000

Median Unit

$400,000

list-price estimate

Gross Yield (houses)

3.8%

1yr Growth

-

Investment snapshot for Police Point

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

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Police Point market and investor summary

In Police Point, TAS 7116, the median house sells for around $710K, on a gross rental yield of 3.8% for houses. At 1.1% 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 3.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking.

Living in Police Point: people, income and schools

Police Point is home to around 76 people, and the area has been growing steadily, up about 9% over five years. At a median age of 48, it reads as skewed a little older, and 90% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $55,000 a year (about $1,060 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 12.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.

Police Point sits about 46 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
76
+9% over 5yr
Median age
48 years
Median household income
$55,000/yr
Households renting
14%
Family households
55%
Socio-economic rank
2/10
ABS advantage index
Unemployment
3.7%
Distance to CBD
46 km

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

Properties in Police Point

No properties currently listed in Police Point

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Frequently asked questions about Police Point

What should I check before investing in Police Point?

Police Point has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.1% 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 Police Point?

The median property price in Police Point, TAS 7116 is $710K for houses.

What rental yield does Police Point show?

The gross rental yield in Police Point is 3.8% for houses. 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 Police Point?

The current vacancy rate in Police Point is 1.1%. 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 Police Point?

Police Point has a population of approximately 76 residents, with a median age of 48.

Is Police Point affordable to buy in?

A median house in Police Point costs about 12.9 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 Police Point's population growing?

The population of Police Point has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Police Point from the CBD?

Police Point is about 46 km from the CBD.

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