Park Grove TAS Property Investment

Burnie · 7320

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Median House Price
$678K
As of 7 Nov 2026.
Rental Yield
N/A
Vacancy Rate
N/A
Median Weekly Rent
N/A
Median Unit Price
$450K
As of 7 Nov 2026.
Population (Census 2021)
2,613

Park Grove Short-Term Rental Market

Short-stay estimate: run a brief
Past price growth
Median house sale price growth, Rest of Tas. (not Park Grove): 8.3% a year, Jun qtr 2021 to Jun qtr 2026. Source: Australian Bureau of Statistics, Total Value of Dwellings, June Quarter 2026. CC BY 4.0. Growth calculated by Estait. Past growth doesn't predict future prices.
New dwellings approved
New dwellings approved, Burnie council area, 12 months to Aug 2026: 90. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Park Grove.

Suburb Metric Thresholds

0 green4 yellow3 red
Population growth 2016–21, postcode 7320 (ABS Census)
1.08 high impact
Median Household Income
1187 medium impact
Public Transport Score
6.1 medium impact
School Zone Quality
5.9 medium impact
Distance to CBD
235.87 medium impact
SEIFA Advantage/Disadvantage
1 medium impact
Owner Occupier Rate
62.6 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 7320

Most disadvantagedLeast disadvantaged

Decile 1 of 10 — High disadvantage

Population (suburb)

2,613

Education (IEO)

2/10

Econ. Resources (IER)

1/10

Crime & Safety

No official crime data for this area

Schools

In your catchment

Burnie Primary School
PrimaryGovernment
5.9/10

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.