Westbury TAS Property Investment
West Tamar · 7303 · Score: 53/100 · Hold
Westbury Short-Term Rental (Airbnb) Market
Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.
Westbury TAS Investment Brief
HOLD — 3.7% gross yield on a $663,254 (pending peer validation) median.
THE MARKET
Westbury has compounded at 4.5%/yr over 5 years. Median sits in the $663,254 (pending peer validation) band today. Properties are sitting on market for 40 days (roughly balanced conditions).
- Median house: $663,254 (pending peer validation) | Units: $508,644
- Gross yield: 3.7% | Net yield: 2.2%
- 5yr price CAGR: 4.5%/yr | 3yr forecast: 13.5%/yr
- Population: 2,272 | Owner-occupier rate: 77% | Affluence: Below Average
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 2.8% (stable) | Rental demand: Moderate
- Median weekly rent: $470/wk | Days on market: 40 (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: Basin Grounds station 25.4km away
BULL CASE
If Westbury maintains 3%+ annual growth and vacancy stays below 2.0%, median prices could reach $762,742 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Westbury pull back 10-15% from $663,254, 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
- Chigwell (TAS): $643,220 median, 4.5% yield, 21.1% 1yr growth
- Hagley (TAS): $666,801 median, 1.6% yield, 16.4% 1yr growth
- Huonville (TAS): $713,525 median, 3.9% yield, 5.2% 1yr growth
THE PLAY
Westbury offers balanced fundamentals but does not present an urgent buying signal. The market is in a above_trend 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 4.2%.
- Entry range: $596,929 – $729,579
- 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
Growth Forecast
high confidenceBasis: 5yr CAGR 4.5% + 10yr CAGR 3.7%
- +Above-average population growth (2.2%/yr)
- −High supply pipeline (818 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 2026-06
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
163
2020
255
2021
164
2022
124
2023
112
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 7303
Decile 3 of 10 — High disadvantage
Population
3,031
Education (IEO)
3/10
Econ. Resources (IER)
4/10
10-Year Investment Projection
Modelled on Westbury TAS data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $470/wk median rent for Westbury. 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
Analyse a Property in Westbury
Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Westbury.
Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.