Glenorchy City Council, TAS

Glenorchy City LGA is experiencing dramatic changes due to rapid population growth and increased property prices within the region. It’s estimated that there are nearly 50,000 residents living in Glenorchy City which is one of the fastest growing councils in the state today.

The influx of new residents has caused warnings about how much this city lacks public transport and high-quality schools for children with limited opportunities for employment

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Glenorchy is a small town in Tasmania, Australia. People come to this place for the outdoor activities and the nature in the area. Most of them come to Glenorchy in order to go hiking or mountain biking. There are also plenty of beaches for people who love surfing and fishing. Glenorchy is also a great spot for visitors who want to relax and get away from it all. It has some beautiful national parks that people can hike through, take photos at various waterfalls, or go birdwatching at one of the many wetlands in the area.

The Glenorchy housing market is dependent on the state of the wider Tasmanian economy. For example, when Tasmania’s property prices were at their most expensive, Glenorchy was also at its most expensive; but when property prices dropped across Tasmania and the country as a whole (caused by economic downturn and high-interest rates), Glenorchy experienced a significant decrease in new home building and its housing market decreased accordingly.

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Capital Growth Heatmap

Property Market Snapshot

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

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
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Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Glenorchy City Council, TAS

What LGAs neighbour Glenorchy City Council, TAS?

Glenorchy City Council is surrounded by 3 other council areas – Hobart City, Derwent Valley, Huon Valley.

How many people live in Glenorchy City Council, TAS?

There are approximately 11000 people living in Glenorchy in roughly 5000 dwellings with 2.2 persons per household.

What are current and planned infrastructure projects in Glenorchy City Council, TAS?

Glenorchy City Council maintains and provides a number of projects supporting path, tracks and trail development, greening, Wilkinsons Point, sport and recreation development.

What major retailers are there in Glenorchy City Council, TAS?

Among the main retailers there are Coles Supermarkets, Tasmanian Independent Wholesalers, Woolworths, Salamanca fresh, Hellas Store, Barossa Supermarket.

What is the main industry in Glenorchy City Council, TAS?

Glenorchy is characterised by a diverse mix of industrial, commercial and residential development. Industries in the city include ship building, metal fabrication, zinc processing, food processing, furniture production and more recently, high tech industries.

What are the dominant demographic groups in Glenorchy City Council, TAS?

The median age of people in Glenorchy (Tas.) is 40 years. Children aged 0 – 14 make up 17.8% of the population and people aged 65 years and over make up 20.1%.

How is unemployment rate trading in Glenorchy City Council, TAS?

Among employed people 58% working full-time and 40% working part-time. The unemployment rate in Glenorchy City was 8.3% in the 2021 March quarter.

Suburbs/localities in this Local Government Area: Chigwell 7011, Derwent Park 7009, Dowsing Point 7010, Austins Ferry 7011, Glenorchy 7010, Goodwood 7010, Lutana 7009, Montrose 7010, Moonah 7009, Berriedale 7011, Rosetta 7010, West Moonah 7009

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