Westerway TAS Property Investment

Derwent Valley · 7140

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Median House Price

N/A

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

N/A

Population (Census 2021)

210

Westerway Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, Derwent Valley council area, 12 months to Aug 2026: 123. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Westerway.

Suburb Metric Thresholds

1 green1 yellow4 red

Population growth 2016–21, postcode 7140 (ABS Census)

1.92 high impact

Median Household Income

1197 medium impact

Public Transport Score

No data medium impact

School Zone Quality

4.3 medium impact

Distance to CBD

49.04 medium impact

SEIFA Advantage/Disadvantage

1 medium impact

Owner Occupier Rate

74.6 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 2026-08

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 7140

Most disadvantagedLeast disadvantaged

Decile 1 of 10 — High disadvantage

Population (suburb)

210

Education (IEO)

1/10

Econ. Resources (IER)

2/10

Crime & Safety

No official crime data for this area

Schools

In your catchment

Westerway Primary School

PrimaryGovernment

4.3/10

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.