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Railton, TAS 7305

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Railton, TAS 7305 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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No Rent Data
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Railton, TAS 7305”

  1. The total adult population (15 years or older) of Railton 7305 TAS is 893, with a median age of 45. Of those, 43.34% are married, 14.56% are divorced or separated, 36.06% are single and 6.49% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $5,356. The median monthly mortgage repayment for households in this suburb is $975 which is 18.20% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Tasmania, the suburb of RAILTON 7305 is home to an estimated 535 households. As we move into Q3 of 2023, RAILTON’s property market presents an appealing prospect for investors and buyers, marked by its affordability and promising yield rates.

    Residential houses in RAILTON typically retail at $396,910 with a median weekly rent standing at $390. This setup yields an impressive indicative rate of 5.11%, greatly appealing to cashflow-centered property investors whose minimum market requirement is yields above 3%.

    RAILTON’s IRSAD score is 855 out of 1,217, suggesting a middle-of-the-road socio-economic status, with marginal access to economic resources but room for potential growth. The area has a renter-to-owner ratio of 18% – a desirable metric, as ratios below 30% are indicated to present better long-term returns and lower risk for investors.

    Regarding the units to houses ratio, RAILTON records a 0% figure. This suggests that the suburb is primed for low market competition amongst landlords, ensuring more robust rental yields.

    The affordability index for houses in RAILTON is around 30 years, falling within the affordable range as per our standards. It suggests that the suburb’s property market is within reach for many investors.

    Supply indicators are favourable – the stock on market Percentage stands at a low 0.19%, and the inventory level is barely 0.6 months. This suggests a tight supply, which can be an auspicious sign for investors. On top of this, the building approvals Ratio is also low at 0.19%.

    Properties typically remain on the market for about 30 days, indicating a healthy level of demand. However, it’s worth noting the vacancy rate for the suburb (combined houses and units) is just over 3.09% which suggests demand is relatively neutral.

    The buy search index for houses in RAILTON is 3, indicating moderate demand. Although this figure alone may not inspire confidence, RAILTON has several favourable metrics that suggest it can provide a noteworthy investment opportunity in the Australian property market. It’s always crucial to look at the full suite of metrics, such as the Relative Composite Score, to capture the complete picture.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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