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Wattle Hill, TAS 7172
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$885,000
list-price estimate
Median Unit
$550,000
list-price estimate
Gross Yield
-
1yr Growth (houses)
+22.3%
market range +20.0% to +62.5%
Investment snapshot for Wattle Hill
Wattle Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wattle Hill market and investor summary
Wattle Hill sits in TAS, postcode 7172. House prices have moved +22.3% over the past year. At 0.7% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking. Houses also take time to sell, around 75 days on market, so plan for a slower exit if you ever need one.
Living in Wattle Hill: people, income and schools
Wattle Hill is home to around 176 people, and the area has been growing steadily, up about 10% 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 $86,000 a year (about $1,650 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 18% over five years, which tends to underpin what local buyers can pay.
Wattle Hill sits about 29 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 176
- +10% over 5yr
- Median age
- 43 years
- Median household income
- $86,000/yr
- Households renting
- 23%
- Family households
- 74%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 3.8%
- Distance to CBD
- 29 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 Wattle Hill
No properties currently listed in Wattle Hill
Search Wattle Hill listings →Frequently asked questions about Wattle Hill
What should I check before investing in Wattle Hill?
Wattle Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +22.3% in the past year shows strong recent price momentum. Tight rental market (0.7% 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 does recent house price growth show for Wattle Hill?
House prices in Wattle Hill are up 22.3% over the past year. 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 Wattle Hill?
The current vacancy rate in Wattle Hill is 0.7%. 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 Wattle Hill?
Wattle Hill has a population of approximately 176 residents, with a median age of 43.
Is Wattle Hill's population growing?
The population of Wattle Hill has grown about 10% 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 Wattle Hill from the CBD?
Wattle Hill is about 29 km from the CBD.
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