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Risdon Vale, TAS 7016
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$540,000
market range $500K-$575K
Median Unit
$260,000
list-price estimate
Gross Yield (houses)
4.8%
1yr Growth (houses)
+15.4%
market range +10.0% to +22.5%
Investment snapshot for Risdon Vale
Risdon Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Risdon Vale market and investor summary
In Risdon Vale, TAS 7016, the median house sells for around $540K, on a gross rental yield of 4.8% for houses. House prices have moved +15.4% over the past year and +10.6% over three years. At 0.4% 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 4.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.4% and a resident base that is not shrinking.
Living in Risdon Vale: people, income and schools
Risdon Vale is home to around 3,171 people, and the area has been growing steadily, up about 8% over five years. At a median age of 34, it reads as broadly working-age, and families account for 70% of households.
The typical household income runs to around $62,000 a year (about $1,190 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to about 8.7 times local household income, in line with much of metropolitan Australia. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
Families have 5 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Risdon Vale sits about 8.0 km from the CBD. It is fairly car-dependent; the suburb scores 24 for walkability and 55 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 3,171
- +8% over 5yr
- Median age
- 34 years
- Median household income
- $62,000/yr
- Households renting
- 34%
- Family households
- 70%
- Socio-economic rank
- 1/10
- ABS advantage index
- Schools within 5km
- 5
- avg ICSEA 965
- Unemployment
- 11.6%
- Distance to CBD
- 8.0 km
- Walk score
- 24/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Risdon Vale
View all →Frequently asked questions about Risdon Vale
What should I check before investing in Risdon Vale?
Risdon Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.8% gives a usable rent-to-price starting point. Capital growth of +15.4% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Risdon Vale?
The median property price in Risdon Vale, TAS 7016 is $540K for houses.
What rental yield does Risdon Vale show?
The gross rental yield in Risdon Vale is 4.8% for houses and 2.2% for units. 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 Risdon Vale?
House prices in Risdon Vale are up 15.4% over the past year and up 10.6% 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 Risdon Vale?
The current vacancy rate in Risdon Vale is 0.4%. 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 Risdon Vale?
Risdon Vale has a population of approximately 3,171 residents, with a median age of 34.
What schools are near Risdon Vale?
There are 5 schools within roughly 5km of Risdon Vale. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Risdon Vale affordable to buy in?
A median house in Risdon Vale costs about 8.7 times the median local household income (broadly in line with metropolitan Australia). 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 Risdon Vale's population growing?
The population of Risdon Vale has grown about 8% 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 Risdon Vale from the CBD?
Risdon Vale is about 8.0 km from the CBD.
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