Kempton TAS Property Investment

Northern Midlands · 7030 · Score: 55/100 · Hold

Median House Price
$500K
Rental Yield
2.8%
Vacancy Rate
2.2%
Median Weekly Rent
$270/wk
Median Unit Price
$362K
Population
420
Days on Market
39 days
Annual Growth
5.3%

Kempton Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$466.44/night
Occupancy Rate
35%
Est. Annual Revenue
$60K
AI Investment Analysis

Kempton TAS Investment Brief

HOLD2.8% gross yield on a $499,768 (pending peer validation) median.

THE MARKET

Kempton has compounded at 3.7%/yr over 5 years. Median sits in the $499,768 (pending peer validation) band today. Properties are sitting on market for 39 days (roughly balanced conditions).

  • Median house: $499,768 (pending peer validation) | Units: $362,176
  • Gross yield: 2.8% | Net yield: 1.3%
  • 5yr price CAGR: 3.7%/yr | 3yr forecast: 13.5%/yr
  • Population: 420 | Owner-occupier rate: 65% | Affluence: Low
  • Supply pipeline: Moderate — Strong population growth likely attracting new development approvals

RENTAL SNAPSHOT

  • Vacancy: 2.2% (improving) | Rental demand: High
  • Median weekly rent: $270/wk | Days on market: 39 (stable)
  • Balanced market — vacancy manageable but monitor trend.

SHORT-TERM RENTAL

  • Median nightly rate: $466/night | Occupancy: 35%
  • Estimated annual STR gross: ~$59,588/yr
  • vs long-term rent: $14,040/yr (+324% STR premium — factor in higher management costs)

INFRASTRUCTURE & CATALYSTS

  • No major confirmed infrastructure projects on record.
  • Transport: New Norfolk station 53.1km away

BULL CASE

If Kempton maintains 3%+ annual growth and vacancy stays below 1.5%, median prices could reach $574,733 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Kempton pull back 10-15% from $499,768, with vacancy rising to 4.0% 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
  • George Town (TAS): $465,431 median, 4.8% yield, 25.1% 1yr growth
  • Glenorchy (TAS): $595,500 median, 5.1% yield, 9.3% 1yr growth

THE PLAY

Kempton offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with moderate 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 4.0%.

  • Entry range: $449,791$549,745
  • 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-gentrification3.5/10
Low socioeconomic base — classic gentrification precondition
Active development pipeline (517 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
4.2%
p.a.
2yr Forecast
3.9%
p.a.
5yr Forecast
3.4%
p.a.

Basis: 5yr CAGR 3.7% + 10yr CAGR 4.3%

Growth drivers
  • +Strong population growth (2.5%/yr) driving demand
  • +Low rental vacancy (2.2%) — constrained supply
Headwinds
  • High supply pipeline (517 new approvals) — may cap price growth

Suburb Metric Thresholds

2 green4 yellow10 red
Rental Vacancy Rate
2.2 high impact
Days on Market
39 high impact
Weekly Rent (house)
270 medium impact
5yr Price CAGR
3.73 high impact
10yr Price CAGR
4.3 high impact
1yr Price Growth
5.34 medium impact
Population Growth
2.53 high impact
Median Household Income
1295 medium impact
Unemployment Rate
6.8 medium impact
Public Transport Score
0 medium impact
School Zone Quality
4.1 medium impact
Distance to CBD
70.99 medium impact
SEIFA Advantage/Disadvantage
1 medium impact
Owner Occupier Rate
65.2 medium impact
Gross Rental Yield (%)
2.81 high impact
Net Rental Yield (%)
1.31 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

98

2020

129

2021

114

2022

85

2023

91

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 7030

Most disadvantagedLeast disadvantaged

Decile 1 of 10 — High disadvantage

Population

19,720

Education (IEO)

1/10

Econ. Resources (IER)

1/10

10-Year Investment Projection

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

Pre-filled: $270/wk median rent for Kempton. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Bothwell District High School
CombinedGovernment
4.2/10

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.

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