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West Pine, TAS 7316
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$750,000
list-price estimate
Median Unit
$610,000
list-price estimate
Gross Yield
-
1yr Growth (houses)
-8.6%
estimate
Investment snapshot for West Pine
West Pine has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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West Pine market and investor summary
West Pine sits in TAS, postcode 7316. House prices have moved -8.6% over the past year. At 0.6% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.6% and a resident base that is not shrinking.
Living in West Pine: people, income and schools
About 142 people live in West Pine, a number that has held fairly steady over five years. The median age is 39, broadly working-age, and 92% 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 $81,000 a year, or roughly $1,560 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 142
- +3% over 5yr
- Median age
- 39 years
- Median household income
- $81,000/yr
- Households renting
- 13%
- Family households
- 70%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in West Pine
No properties currently listed in West Pine
Search West Pine listings →Frequently asked questions about West Pine
What should I check before investing in West Pine?
West Pine has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.6% 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 does recent house price growth show for West Pine?
House prices in West Pine are down 8.6% 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 West Pine?
The current vacancy rate in West Pine is 0.6%. 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 West Pine?
West Pine has a population of approximately 142 residents, with a median age of 39.
Is West Pine's population growing?
The population of West Pine has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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