Coles Bay TAS Property Investment
Glamorgan Spring Bay · 7215 · Score: 61/100 · Hold
Coles Bay Short-Term Rental (Airbnb) Market
Coles Bay TAS Investment Brief
HOLD — 8.9% gross yield on a $673,794 (pending peer validation) median.
THE MARKET
Coles Bay has compounded at 3.8%/yr over 5 years. Median sits in the $673,794 (pending peer validation) band today. Properties are sitting on market for 60 days (buyers have negotiating room).
- Median house: $673,794 (pending peer validation) | Units: $396,352
- Gross yield: 8.9% | Net yield: 7.4%
- 5yr price CAGR: 3.8%/yr | 3yr forecast: 13.5%/yr
- Population: 515 | Owner-occupier rate: 76% | Affluence: Below Average
- Supply pipeline: Moderate — Strong population growth likely attracting new development approvals
RENTAL SNAPSHOT
- Vacancy: 3.5% (stable) | Rental demand: Low
- Median weekly rent: $1,150/wk | Days on market: 60 (worsening)
- Tenant market — vacancy elevated, negotiate hard on rent.
SHORT-TERM RENTAL
Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record.
- Transport: Fingal station 54.0km away
BULL CASE
If Coles Bay maintains 4%+ annual growth and vacancy stays below 2.4%, median prices could reach $774,863 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Coles Bay pull back 10-15% from $673,794, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.
KEY RISKS
- Above-average vacancy rate (3.5%) indicates rental oversupply risk
- - Distance from CBD may limit long-term capital growth potential
COMPARABLE MARKETS
- West Ulverstone (TAS): $607,146 median, 4.2% yield, 16.4% 1yr growth
- Glenorchy (TAS): $595,500 median, 5.1% yield, 9.3% 1yr growth
- Hagley (TAS): $645,672 median, 1.6% yield, 16.4% 1yr growth
THE PLAY
Coles Bay offers balanced fundamentals but does not present an urgent buying signal. The market is in a recovery phase with high vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 9.4%.
- Entry range: $606,415 – $741,173
- Minimum gross yield to target: 9.2%
- Watch signal: vacancy dropping below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 3.8% + 10yr CAGR 5.7%
- +Strong population growth (3.8%/yr) driving demand
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 7215
Decile 3 of 10 — High disadvantage
Population
4,066
Education (IEO)
3/10
Econ. Resources (IER)
2/10
10-Year Investment Projection
Modelled on Coles Bay TAS data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $1150/wk median rent for Coles Bay. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Analyse a Property in Coles Bay
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.