Grindelwald
A median house price of $1,150,000 in a suburb of just 1,037 people signals something unusual: Grindelwald is one of the Tamar Valley's most exclusive residential pockets, with 100% of its dwellings being separate houses and 57.1% owned outright, placing it well above typical Tasmanian ownership rates. The median age is 50, a full 10 years above the national figure, and nearly half of all homes have 4 or more bedrooms, indicating the suburb suits established, later-life households rather than young buyers. The household income sits at the 54.2nd percentile nationally, which is moderate compared to the area's premium price points, because most wealth is held in property rather than wages.
Population
1,037
Median Age
50.0
Household IncomeiMedian weekly household income (ABS Census)
$1,625/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$1.1M
YTD 2026
The median house price sits at $1,150,000 as of YTD 2026, well above the broader Tasmanian market. Price history shows a strong upward move: from $785,000 in 2023 and $781,000 in 2024, the median jumped to $996,000 in 2025, a 27.5% single-year gain. The long-run picture is equally compelling, with prices rising 438.4% from $185,000 in 1996 at a 6.2% compound annual growth rate over 28 years. Every dwelling is a separate house, and 48.9% have 4 or more bedrooms, so buyers are competing for quality family homes rather than a mixed stock. Monthly mortgage repayments average $1,625, and the mortgage-to-income ratio is 23.1%, below the 30% stress threshold, because most purchasers are equity-rich and carry modest debt relative to the asset value.
For Buyers
The median house price sits at $1,150,000 as of YTD 2026, well above the broader Tasmanian market. Price history shows a strong upward move: from $785,000 in 2023 and $781,000 in 2024, the median jumped to $996,000 in 2025, a 27.5% single-year gain. The long-run picture is equally compelling, with prices rising 438.4% from $185,000 in 1996 at a 6.2% compound annual growth rate over 28 years. Every dwelling is a separate house, and 48.9% have 4 or more bedrooms, so buyers are competing for quality family homes rather than a mixed stock. Monthly mortgage repayments average $1,625, and the mortgage-to-income ratio is 23.1%, below the 30% stress threshold, because most purchasers are equity-rich and carry modest debt relative to the asset value.
For Investors
The investor case for Grindelwald is shaped by scarcity rather than yield. The renter share is just 4.1%, one of the lowest rates you will find in any suburb, because 57.1% of residents own outright and 38.9% hold mortgages. Weekly rent averages $405, and against the $1,150,000 median, the implied gross yield is under 2%, lower than most investment benchmarks. The vacancy rate of 7.0% is elevated compared to the national rental market, reflecting how thin the tenant pool is in such a low-renter area. Net migration is balanced, with approximately 18 internal and 20 overseas arrivals per year, supporting steady rather than rapid demand. The long-run capital growth record of 6.2% annually over 28 years is the strongest argument for ownership here.
Demographics
The median age of 50 sits 10 years above the national figure, making Grindelwald one of Tasmania's most age-skewed suburbs. The aging trajectory is confirmed by a 7.5-point rise in the senior share and a 4.7-point fall in the working-age share over the decade. Overseas-born residents account for 24.3% of the population, 2.7 points above the national average, with Dutch ancestry (57 residents) notable alongside the dominant English (432), Scottish (126) and Irish (91) groups, a heritage pattern that traces to the suburb's Swiss and European village planning origins. University qualifications reach 31.2%, just 1.1 points above the national figure, which is average compared to similarly priced suburbs nationally. Household size averages 2.6, slightly above the national figure, and 34.1% of families are couples without children.
Age Distribution
Bedrooms
Dwelling Structure
100.0%
Houses
N/A
Townhouse
N/A
Apartment
Tenure
The housing stock is entirely separate houses, with 100% of dwellings in that category, a rarity among Australian suburbs of any price point. Nearly half (48.9%) have 4 or more bedrooms, and 35.9% are 3-bedroom homes, confirming a large-format, family-scale stock. Tenure is dominated by outright owners at 57.1%, more than double the national average, while mortgage holders account for 38.9% and renters just 4.1%. The long-run price record shows 29 data points from 1996 to 2025, with the earliest recorded price of $185,000 growing to a peak of $996,000 by 2025, a 438.4% cumulative gain. Mortgage-to-income runs at 23.1% and rent-to-income at 24.9%, both below the 30% stress threshold, indicating that current owners and renters alike are not under financial pressure despite the premium price level.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,625
Rent / wk
$405
HH Size
2.6
Personal Income / wk
$661
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
7.0%
Unoccupied
28
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
24.9%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
23.1%
Community Profile
Ancestry
Household Composition
34.1%
Couples, no children
875
Total families
Economy & Employment
Healthcare is the largest employing sector at 19.7% of workers (56 people), followed by Education at 16.2% (46) and Construction at 10.2% (29). Professional/Tech and Public Administration round out the top five at 7.7% and 7.4% respectively. By occupation, Professionals (106) and Managers (58) make up the largest groups, consistent with the suburb's relatively high university qualification rate of 31.2%. The unemployment rate is 6.2% and the participation rate is 46.9%, both reflecting the older age profile: 392 residents are not in the labour force, a high share compared to a total population of 1,037. The SEIFA IRSD decile of 6 places Grindelwald in the middle tier nationally on relative disadvantage, while the IER decile of 6 signals moderate economic resources when measured by housing wealth and savings rather than income alone.
Unemployment
2.7%
Labour Force
3,167
Unemployed
87
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
54.2%
Part-time
39.6%
Participation
46.9%
Employed
380
Occupations
Top Industries
University
31.2%
Postgraduate
7.5%
Born Overseas
24.3%
Dwellings
363
Transport to Work
Grindelwald is essentially car-dependent, with 94.7% of residents travelling by car as their main transport mode, above the national average, because the suburb's rural-residential character and small population mean public transport options are limited. There are no schools recorded within the 5.92 km2 boundary, so families commute to schools in nearby centres such as Launceston. No crime data is available for Grindelwald, but as a broad indicator, the IRSAD decile of 5 places the suburb at the national median on combined advantage and disadvantage. The volunteering rate of 23.0% is strong, above most Australian suburbs, pointing to an engaged and community-oriented resident base. Housing stress indicators are favourable: mortgage-to-income at 23.1% and rent-to-income at 24.9% are both below the 30% stress level, supporting day-to-day financial comfort for current residents.
Drive
94.7%
Public Transport
N/A
Walk / Cycle
N/A
Work from Home
N/A
Population Forecast
+0.81%/yr
(+52 people/yr)
EstablishedGrindelwald's population grew 10.3% over the decade, reaching 1,037 residents, with annual growth running at 0.81%, adding roughly 52 people per year. This growth rate is modest compared to high-growth Tasmanian corridors, reflecting the suburb's already-established character. The migration pattern is balanced, with net internal arrivals of 18 and net overseas arrivals of 20 per year. Medium forecasts project the broader SA2 population rising from 6,416 in 2025 to 6,736 by 2031. The gentrification score sits at 19 with signals of an 11% population rise since 2011, though the stage is classified as not gentrifying because the suburb was already premium-priced at the baseline. The aging trajectory is the key structural shift: the senior share rose 7.5 points while the young adult share fell 4.2 points, which will gradually reduce the pool of active buyers and workers over time.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Balanced
Net Overseas / yr
+20
Net Internal / yr
+18
Gentrification Signal
Not gentrifying
Population +11% since 2011, Accelerating: -0% → 11%
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Grindelwald compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Grindelwald a good suburb to live in?
Grindelwald suits established households looking for large, separate houses in a quiet semi-rural setting near Launceston. The suburb has a median age of 50, a volunteering rate of 23.0%, and mortgage-to-income at 23.1%, all suggesting a financially stable and community-engaged population. The trade-off is car dependence, with 94.7% of residents driving, and no schools within the suburb boundary.
What is the median house price in Grindelwald?
The median house price is $1,150,000 as of YTD 2026, up sharply from $781,000 in 2024 and $996,000 in 2025. Over 28 years from 1996, prices grew at a 6.2% compound annual rate, rising 438.4% from the $185,000 starting point. Monthly mortgage repayments average $1,625.
What schools are in Grindelwald?
No schools are recorded inside the Grindelwald boundary in this dataset. Families rely on schools in nearby Launceston and surrounding suburbs. The adult population has a university qualification rate of 31.2%, slightly above the national figure, suggesting most families are experienced at navigating education options outside the suburb.
Is Grindelwald safe?
Specific crime statistics are not available for Grindelwald. As an indirect measure, the suburb scores IRSD decile 6 nationally, placing it in the middle tier for relative disadvantage. Only 6.4% of residents (63 people) need daily assistance, and the financially stable ownership profile, with 57.1% owning outright, is generally associated with lower crime-risk areas.
Is Grindelwald good for property investment?
The long-run capital growth record is strong at 6.2% annually over 28 years and 438.4% cumulative since 1996. However, the renter share is only 4.1% and the vacancy rate is 7.0%, making rental demand thin. Weekly rent of $405 against a $1,150,000 median implies a gross yield under 2%, so the investment case depends heavily on continued capital appreciation rather than rental income.
How is Grindelwald's population changing?
The population grew 10.3% over the decade and is currently 1,037, with annual growth of 0.81% adding around 52 people per year. Migration is balanced, with about 18 internal and 20 overseas net arrivals annually. The key structural trend is aging: the senior share rose 7.5 points over the decade while the working-age share fell 4.7 points.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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