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Preolenna, 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
-
Investment snapshot for Preolenna
Preolenna has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Preolenna market and investor summary
In Preolenna, TAS 7325, houses show a gross rental yield of 3.9%. At 3.0% 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. Houses also take time to sell, around 63 days on market, so plan for a slower exit if you ever need one.
Living in Preolenna: people, income and schools
Preolenna is home to around 58 people, a number that has held fairly steady over five years. At a median age of 43, it reads as skewed a little older, and 74% 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 $61,000 a year (about $1,170 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
- 58
- +5% over 5yr
- Median age
- 43 years
- Median household income
- $61,000/yr
- Households renting
- 24%
- Family households
- 79%
- 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 Preolenna
No properties currently listed in Preolenna
Search Preolenna listings →Frequently asked questions about Preolenna
What should I check before investing in Preolenna?
Preolenna 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 Preolenna show?
The gross rental yield in Preolenna 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.
How tight is the rental market in Preolenna?
The current vacancy rate in Preolenna is 3.0%. 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 Preolenna?
Preolenna has a population of approximately 58 residents, with a median age of 43.
Is Preolenna's population growing?
The population of Preolenna 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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