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Surveyors Bay, TAS 7116
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$475,000
market range $450K-$675K
Median Unit
$485,000
Gross Yield (houses)
4.0%
1yr Growth
-
Investment snapshot for Surveyors Bay
Surveyors Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Surveyors Bay market and investor summary
In Surveyors Bay, TAS 7116, the median house sells for around $475K, on a gross rental yield of 4.0% for houses. At 1.0% 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 4.0% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking. Houses also take time to sell, around 164 days on market, so plan for a slower exit if you ever need one.
Living in Surveyors Bay: people, income and schools
Surveyors Bay has a resident population of roughly 56, and the area has been growing steadily, up about 9% over five years. At a median age of 58, it reads as an older, established demographic, and 79% 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 $50,000 a year (about $970 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 9.5 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.
Surveyors Bay sits about 48 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 56
- +9% over 5yr
- Median age
- 58 years
- Median household income
- $50,000/yr
- Households renting
- 14%
- Family households
- 45%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 3.7%
- Distance to CBD
- 48 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 Surveyors Bay
No properties currently listed in Surveyors Bay
Search Surveyors Bay listings →Frequently asked questions about Surveyors Bay
What should I check before investing in Surveyors Bay?
Surveyors Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.0% gives a usable rent-to-price starting point. Tight rental market (1.0% 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 Surveyors Bay?
The median property price in Surveyors Bay, TAS 7116 is $475K for houses and $485K for units.
What rental yield does Surveyors Bay show?
The gross rental yield in Surveyors Bay is 4.0% for houses and 2.5% for units. 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 Surveyors Bay?
The current vacancy rate in Surveyors Bay is 1.0%. 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 Surveyors Bay?
Surveyors Bay has a population of approximately 56 residents, with a median age of 58.
Is Surveyors Bay affordable to buy in?
A median house in Surveyors Bay costs about 9.5 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 Surveyors Bay's population growing?
The population of Surveyors Bay 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 Surveyors Bay from the CBD?
Surveyors Bay is about 48 km from the CBD.
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