Glenorchy TAS Property Investment
Glenorchy · 7010 · Score: 63/100 · Hold
Glenorchy Short-Term Rental (Airbnb) Market
Glenorchy TAS Investment Brief
HOLD — vacancy at 1.8% and $580/wk rent puts this in the top tier of TAS yield suburbs.
THE MARKET
Glenorchy has compounded at 3.2%/yr over 5 years — a house that cost $508,725 in 2021 is worth $595,500 today. Properties are sitting on market for 35 days (roughly balanced conditions). At the same growth rate, today's median reaches $697,076 by 2031.
- Median house: $595,500 | Units: $505,729
- Gross yield: 5.1% | Net yield: 3.6%
- 5yr price CAGR: 3.2%/yr | 3yr forecast: 13.5%/yr
- Population: 12,013 | Owner-occupier rate: 57% | Affluence: Below Average
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 1.8% (improving) | Rental demand: High
- Median weekly rent: $580/wk | Days on market: 35 (stable)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $184/night | Occupancy: 36%
- Estimated annual STR gross: ~$24,142/yr
- vs long-term rent: $30,160/yr (comparable — LTR offers simpler management)
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record.
- Transport: Glenorchy station 0.1km away
BULL CASE
If Glenorchy maintains 3%+ annual growth and vacancy stays below 1.3%, median prices could reach $684,825 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Glenorchy pull back 10-15% from $595,500, with vacancy rising to 3.2% and rental yields softening as tenants gain leverage.
KEY RISKS
- No significant risk factors identified for this suburb
COMPARABLE MARKETS
- George Town (TAS): $465,431 median, 4.8% yield, 25.1% 1yr growth
- Hagley (TAS): $645,672 median, 1.6% yield, 16.4% 1yr growth
- Bagdad (TAS): $579,636 median, 2.4% yield, 6.6% 1yr growth
THE PLAY
Glenorchy offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with low 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 5.6%.
- Entry range: $535,950 – $655,050
- Minimum gross yield to target: 5.4%
- Watch signal: vacancy staying 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 3.2% + 10yr CAGR 4.3%
- +Above-average population growth (1.8%/yr)
- +Low rental vacancy (1.8%) — constrained supply
- −High supply pipeline (1121 new approvals) — may cap price growth
Suburb Metric Thresholds
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
233
2020
264
2021
233
2022
272
2023
119
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 7010
Decile 1 of 10 — High disadvantage
Population
18,372
Education (IEO)
2/10
Econ. Resources (IER)
1/10
10-Year Investment Projection
Modelled on Glenorchy TAS data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $580/wk median rent for Glenorchy. 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.
Nearby Suburbs
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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.