Perth
With a population of 3,472 spread across 72.2 square kilometres, Perth (TAS) is one of those regional Tasmanian towns where the median house price has outpaced many expectations, reaching $715,000 in 2026 after compounding at 7.3% annually over 30 years. The SEIFA picture tells two stories: an IER decile of 6 suggests adequate economic resources relative to national peers, yet the IEO decile of 3 reflects below-average education and occupation outcomes, a gap that is common in rural service towns where healthcare and construction dominate over knowledge-sector employment. Density sits at just 48.1 people per km2, roughly half the national average for comparable regional centres.
Population
3,472
Median Age
39.0
Household IncomeiMedian weekly household income (ABS Census)
$1,449/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$715K
YTD 2026
The median house price is $715,000 as of 2026, up from $627,500 in 2024 and $662,500 in 2025, a rise of nearly 14% over two years. Monthly mortgage repayments average $1,317, and the mortgage-to-income ratio sits at 21.0%, below the 30% stress threshold, meaning buyers here are better placed than many metropolitan purchasers. Separate houses account for 88.3% of dwellings, the dominant housing format in this regional town, with apartments at just 11.2%. Three-bedroom homes make up 50.9% of stock, followed by four-plus bedrooms at 26.5%, giving families solid options without competing against high-density supply. The relatively low density compared to metropolitan areas makes land scarce relative to demand.
For Buyers
The median house price is $715,000 as of 2026, up from $627,500 in 2024 and $662,500 in 2025, a rise of nearly 14% over two years. Monthly mortgage repayments average $1,317, and the mortgage-to-income ratio sits at 21.0%, below the 30% stress threshold, meaning buyers here are better placed than many metropolitan purchasers. Separate houses account for 88.3% of dwellings, the dominant housing format in this regional town, with apartments at just 11.2%. Three-bedroom homes make up 50.9% of stock, followed by four-plus bedrooms at 26.5%, giving families solid options without competing against high-density supply. The relatively low density compared to metropolitan areas makes land scarce relative to demand.
For Investors
Rental supply is tight in Perth (TAS), with only 18.3% of dwellings rented and weekly rent at $280. The vacancy rate of 4.9% is above typical investment targets of under 3%, signalling some softness in rental demand. Against the $715,000 median, $280 weekly rent yields a gross return around 2.0%, below the national average for regional Tasmania. No development applications were recorded in the past 12 months, indicating minimal new supply competition but also limited speculative activity. The 30-year CAGR of 7.3% from a starting price of $87,500 in 1996 is the strongest argument for this market, as the price has risen 717.1% over that period, outpacing many comparable regional centres.
Schools in Perth iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Perth Primary School
K-6 · 297 students
Demographics
The median age of 39 is 1.0 year below the national figure, slightly younger than the national average rather than older as many rural Tasmanian communities trend. Overseas-born residents account for just 8.2% of the population, which is 13.4 percentage points below the national figure, reflecting the low migration intake typical of regional Tasmania. Ancestry is overwhelmingly Anglo-Celtic, led by English (1,682 residents), followed by Scottish (345) and Irish (309). University qualifications reach 19.6%, which is 10.5 percentage points below the national figure, a direct consequence of the local economy being oriented toward hands-on work in healthcare, construction and retail rather than professional or knowledge-sector roles. Average household size of 2.4 is 0.1 below the national figure.
Age Distribution
Bedrooms
Dwelling Structure
88.3%
Houses
0.5%
Townhouse
11.2%
Apartment
Tenure
Tenure is unusual for a regional market with a high median price: 47.6% of residents are paying off a mortgage compared to just 34.1% who own outright, suggesting a relatively recent wave of buyers rather than long-established property ownership. The outright ownership share of 34.1% is below what you might expect in a town of this size and age. Renters at 18.3% are a small share, reinforcing that this is primarily an owner-occupier market. Price history shows sustained growth, from a trough of $75,000 in 1997 to the current peak of $715,000, with the 30-year CAGR of 7.3% placing it above many comparable regional Tasmanian towns. Mortgage stress is not a significant concern, with mortgage-to-income at 21.0%, well within comfortable bounds.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,317
Rent / wk
$280
HH Size
2.4
Personal Income / wk
$759
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
4.9%
Unoccupied
70
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.3%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.0%
Community Profile
Ancestry
Household Composition
31.5%
Couples, no children
2,839
Total families
Economy & Employment
Healthcare is by far the largest industry, employing 237 workers and representing 22.7% of the local workforce, nearly double the share of any other sector. Construction follows at 12.2% (127 workers), then Education at 9.9% (103 workers), Retail at 7.5% (78 workers) and Manufacturing at 7.2% (75 workers). By occupation, Clerical and Administrative workers lead (238), followed by Community and Personal Service (229) and Professionals (224). The unemployment rate is 3.7%, which is low, and the participation rate of 60.3% is moderate. Weekly personal income averages $759, with household income at the 43.9th percentile nationally, below the median. The IRSAD decile of 4 ranks Perth (TAS) in the lower-middle band of advantage nationally, consistent with the healthcare-dominated, lower-income profile.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
63.5%
Part-time
32.8%
Participation
60.3%
Employed
1,631
Occupations
Top Industries
University
19.6%
Postgraduate
3.6%
Born Overseas
8.2%
Dwellings
1,363
Transport to Work
Car dependence is extremely high at 91.8% of workers commuting by car, well above the national average, because the 72.2 km2 area makes walking or cycling impractical for most daily needs, and public transport usage is just 1.1%. The IRSAD decile of 4 places Perth (TAS) in the lower-middle tier nationally on the combined advantage-disadvantage index, while the IER decile of 6 suggests moderate economic resources. Housing stress is absent by both measures: rent-to-income at 19.3% and mortgage-to-income at 21.0% are both below the 30% stress line. The need-for-assistance rate of 6.2% (209 residents) is moderate, and the volunteering rate of 13.9% indicates community engagement. No schools are recorded in the dataset boundary, so families rely on schools in surrounding communities.
Drive
91.8%
Public Transport
1.1%
Walk / Cycle
2.0%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Perth compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Perth a good suburb to live in?
Perth (TAS) suits buyers who prioritise space and affordability over urban amenity. Mortgage-to-income sits at 21.0%, below the 30% stress threshold, and the housing stock is 88.3% separate houses. The IER decile of 6 suggests adequate economic resources compared to national peers, though the IEO decile of 3 reflects below-average education and occupation outcomes relative to national benchmarks.
What is the median house price in Perth?
The median house price is $715,000 as of 2026, up from $627,500 in 2024, an increase of approximately 14% over two years. Monthly mortgage repayments average $1,317. The 30-year compound annual growth rate from 1996 is 7.3%, with prices rising 717.1% from the 1996 starting point of $87,500.
What schools are in Perth?
No schools are recorded within the Perth (TAS) suburb boundary in this dataset. Families with school-age children typically access schools in nearby communities. The local university qualification rate is 19.6%, which is 10.5 percentage points below the national figure, consistent with a regional workforce oriented toward practical occupations.
Is Perth safe?
Detailed crime statistics are not available for Perth (TAS) in this dataset. As an indirect indicator, the IRSAD decile of 4 places the suburb in the lower-middle band nationally on combined advantage and disadvantage measures. The need-for-assistance rate is 6.2% (209 residents), and the volunteering rate of 13.9% suggests a reasonably engaged community.
Is Perth good for property investment?
The 30-year CAGR of 7.3% and a 717.1% total price rise from 1996 are compelling for long-term capital growth. However, the current vacancy rate of 4.9% is above the 3% threshold typically sought by investors, and $280 weekly rent against a $715,000 median implies a gross yield near 2.0%. Supply is limited, with zero development applications in the past 12 months.
How is Perth's population changing?
Perth (TAS) has a population of 3,472 across 72.2 km2, with a low density of 48.1 people per km2. The community shows strong stability: 81.8% of residents stayed at their address over the prior year, and the turnover rate of just 18.2% is low compared to many regional towns. Overseas-born residents are only 8.2%, which is 13.4 percentage points below the national figure.
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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