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Wynyard, TAS 7325

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

Data updated

Tight Rental MarketStrong Growth

Median House

$585,000

market range $550K-$725K

Median Unit

$425,000

market range $400K-$475K

Gross Yield (units)

4.5%

1yr Growth (houses)

+12.0%

market range +7.5% to +15.0%

Investment snapshot for Wynyard

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

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Wynyard market and investor summary

In Wynyard, TAS 7325, the median house sells for around $585K. House prices have moved +12.0% over the past year and +24.5% over three years. 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.

Living in Wynyard: people, income and schools

Wynyard is home to around 6,296 people, a number that has held fairly steady over five years. At a median age of 49, it reads as skewed a little older, and families account for 64% of households.

The typical household income runs to around $54,000 a year (about $1,040 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 10.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

Families have 4 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 47 for walkability and 2 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
6,296
+5% over 5yr
Median age
49 years
Median household income
$54,000/yr
Households renting
28%
Family households
64%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
4
avg ICSEA 950
Unemployment
4.1%
Walk score
47/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Wynyard

No properties currently listed in Wynyard

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Frequently asked questions about Wynyard

What should I check before investing in Wynyard?

Wynyard has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Capital growth of +12.0% 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 Wynyard?

The median property price in Wynyard, TAS 7325 is $585K for houses and $425K for units.

What rental yield does Wynyard show?

The gross rental yield in Wynyard is 4.5% 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 Wynyard?

House prices in Wynyard are up 12.0% over the past year and up 24.5% 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 Wynyard?

The current vacancy rate in Wynyard 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 Wynyard?

Wynyard has a population of approximately 6,296 residents, with a median age of 49.

What schools are near Wynyard?

There are 4 schools within roughly 5km of Wynyard. 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 Wynyard affordable to buy in?

A median house in Wynyard costs about 10.8 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 Wynyard's population growing?

The population of Wynyard has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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