Forth TAS Property Investment

Latrobe (Tas.) · 7310 · Score: 48/100 · Caution

Median House Price
$740K
Rental Yield
1.8%
Vacancy Rate
2.8%
Median Weekly Rent
$250/wk
Median Unit Price
$402K
Population
738
Days on Market
45 days
Annual Growth
9.3%

Forth Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$281.52/night
Occupancy Rate
%
Est. Annual Revenue
$67K
AI Investment Analysis

Forth TAS Investment Brief

CAUTION1.8% gross yield on a $739,705 median.

THE MARKET

Forth has compounded at 3.5%/yr over 5 years — a house that cost $622,812 in 2021 is worth $739,705 today. Properties are sitting on market for 45 days (roughly balanced conditions). At the same growth rate, today's median reaches $878,537 by 2031.

  • Median house: $739,705 | Units: $402,006
  • Gross yield: 1.8% | Net yield: 0.3%
  • 5yr price CAGR: 3.5%/yr | 3yr forecast: 13.5%/yr
  • Population: 738 | Owner-occupier rate: 67% | Affluence: Low
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 2.8% (stable) | Rental demand: Moderate
  • Median weekly rent: $250/wk | Days on market: 45 (stable)
  • Balanced market — vacancy manageable but monitor trend.

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: Standard suburban transport access

BULL CASE

If Forth maintains 3%+ annual growth and vacancy stays below 2.0%, median prices could reach $850,661 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Forth pull back 10-15% from $739,705, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

KEY RISKS

  • 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

Forth carries elevated risk that outweighs potential returns at current levels. A stable market combined with moderate vacancy risk warrants caution. Avoid new acquisitions unless significant discount to median pricing is achievable. Re-evaluate if vacancy falls below 2.5% or annual price growth exceeds 3%.

  • Entry range: $665,734$813,676
  • Minimum gross yield to target: 4.5%
  • 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

Pre-gentrification2.5/10
Middle-tier SEIFA — moderate gentrification pressure
Active development pipeline (715 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
2.8%
p.a.
2yr Forecast
2.5%
p.a.
5yr Forecast
2.2%
p.a.

Basis: 5yr CAGR 3.5% + 10yr CAGR 3.6%

Headwinds
  • High supply pipeline (715 new approvals) — may cap price growth

Suburb Metric Thresholds

2 green5 yellow9 red
Rental Vacancy Rate
2.8 high impact
Days on Market
45 high impact
Weekly Rent (house)
250 medium impact
5yr Price CAGR
3.45 high impact
10yr Price CAGR
3.62 high impact
1yr Price Growth
9.25 medium impact
Population Growth
1.11 high impact
Median Household Income
1194 medium impact
Unemployment Rate
6.1 medium impact
Public Transport Score
0 medium impact
School Zone Quality
6.2 medium impact
Distance to CBD
207.11 medium impact
SEIFA Advantage/Disadvantage
5 medium impact
Owner Occupier Rate
67.3 medium impact
Gross Rental Yield (%)
1.76 high impact
Net Rental Yield (%)
0.26 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

127

2020

192

2021

143

2022

118

2023

135

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 7310

Most disadvantagedLeast disadvantaged

Decile 2 of 10 — High disadvantage

Population

28,635

Education (IEO)

2/10

Econ. Resources (IER)

2/10

10-Year Investment Projection

Modelled on Forth TAS data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $250/wk median rent for Forth. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Forth Primary School
PrimaryGovernment
6.2/10

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 Forth

Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Forth.

Analyse a Property →

Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.

Forth TAS Property Market — Median, Growth, Yield | Estait