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Runnymede, TAS 7190

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

Data updated

Tight Rental Market

Median House

$760,000

list-price estimate

Median Unit

$500,000

list-price estimate

Gross Yield (houses)

3.3%

1yr Growth

-

Investment snapshot for Runnymede

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

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Runnymede market and investor summary

In Runnymede, TAS 7190, houses show a gross rental yield of 3.3%. At 1.6% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking. Houses also take time to sell, around 94 days on market, so plan for a slower exit if you ever need one.

Living in Runnymede: people, income and schools

About 77 people live in Runnymede, and the area has been growing steadily, up about 7% over five years. The median age is 40, skewed a little older, and 77% 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 $93,000 a year, or roughly $1,790 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 16% over five years, which tends to underpin what local buyers can pay.

It is roughly 32 km from the CBD.

Population
77
+7% over 5yr
Median age
40 years
Median household income
$93,000/yr
Households renting
18%
Family households
78%
Socio-economic rank
2/10
ABS advantage index
Unemployment
2.4%
Distance to CBD
32 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 Runnymede

No properties currently listed in Runnymede

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Frequently asked questions about Runnymede

What should I check before investing in Runnymede?

Runnymede has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.6% 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 rental yield does Runnymede show?

The gross rental yield in Runnymede is 3.3% 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 Runnymede?

The current vacancy rate in Runnymede is 1.6%. 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 Runnymede?

Runnymede has a population of approximately 77 residents, with a median age of 40.

Is Runnymede's population growing?

The population of Runnymede has grown about 7% 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 Runnymede from the CBD?

Runnymede is about 32 km from the CBD.

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