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Grindelwald, TAS 7277

Home » TAS Real Estate Data » West Tamar Council, TAS » Grindelwald, TAS 7277

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 Grindelwald, TAS 7277 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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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 “Grindelwald, TAS 7277”

  1. The total adult population (15 years or older) of Grindelwald 7277 TAS is 863, with a median age of 50. Of those, 64.77% are married, 6.26% are divorced or separated, 20.86% are single and 6.37% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $7,712. The median monthly mortgage repayment for households in this suburb is $1,625 which is 21.07% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated within the pristine landscapes of Tasmania, the suburb of Grindelwald 7277 provides tranquillity and a lifestyle opportunity like no other. The area accommodates approximately 461 households, forming a quaint community seeped in the charm of island life.

    As we move into Q3 of 2023, the property market within Grindelwald exhibits some noteworthy patterns. The average house price is tipped at a respectable $875,073, while the medial weekly rent registers at $565. This balance culminates in an attractive indicative yield of 3.35%, tipping the scales slightly in favour of cash-flow centred investors.

    With an IRSAD score at 1030 out of a potential 1217, the area demonstrates a commendable socio-economic stance. A mere 4% renter to owner ratio presents room for growth in the rental market, while an underwhelming 13% units to houses ratio may denote lesser competition amongst landlords, and potentially longer tenancy periods.

    Affordability in Grindelwald may be a concern, with an index pegged at a relatively high 44 years to own a property. While this might raise eyebrows amongst potential buyers, it’s important to bear in mind that property is often a long-term commitment and a market with high affordability among its residents is always favourable.

    Looking closer at supply metrics, houses show a neutral 0.56% stock on market percentage, pointing towards a stable market. The inventory levels mimic the same stability, sitting at 1.41 months. Interestingly, the suburb currently reflects a zero building approval ratio for houses, indirectly suggesting the exclusivity of properties within the area.

    Entering the arena of demand metrics, an impressively low 7 days on the market suggests thriving demand. However, an unexpectedly high combined vacancy rate for houses and units at 10.53% may suggest a more staggered renting market.

    The buy search index for houses sits at a neutral 3, potentially indicating consistent inquiries and sustained interest in the area’s property market. But remember, while it might appear that Grindelwald seems to present a mixed bag of metrics, the long-term investor would do well to keep a keen eye on the trends. Take advantage of tools like RCS, to provide a more comprehensive understanding of the market and to make more honed investment choices based on robust data.

    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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