Spreyton
A median house price of $840,000 in a suburb with only 1,876 residents tells you something important about Spreyton: prices have climbed 700% since 1996, outpacing most Tasmanian markets, even as the suburb retains a low-density, detached-house character. With 96.8% separate houses and just 16.5% renters, ownership is the dominant tenure. Household income sits at the 47th percentile nationally, below average, yet house prices sit at a level that now tests mortgage affordability. The SEIFA education-occupation score lands at decile 2, placing residents in the lower tier nationally, while the IRSAD decile of 3 signals moderate disadvantage compared to most of Australia.
Population
1,876
Median Age
41.0
Household IncomeiMedian weekly household income (ABS Census)
$1,503/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$840K
YTD 2026
The median house price reached $840,000 in 2026, up from $700,000 in 2025 and $625,000 in 2024, a two-year rise of 34.4%. That pace is high relative to local incomes: household income sits at the 47th percentile nationally, and the mortgage-to-income ratio runs at 20.0%, which clears the 30% stress threshold but leaves limited buffer if rates move. Stock is overwhelmingly separate houses at 96.8%, with 58.4% of dwellings having three bedrooms and 26.8% four or more. Monthly mortgage repayments average $1,302, lower than comparable mainland markets, because the loan-to-value entry point still carries weight. The absence of apartments keeps competition concentrated on the same stock, which partly explains the rapid price recovery from the $88,750 trough recorded in 1997.
For Buyers
The median house price reached $840,000 in 2026, up from $700,000 in 2025 and $625,000 in 2024, a two-year rise of 34.4%. That pace is high relative to local incomes: household income sits at the 47th percentile nationally, and the mortgage-to-income ratio runs at 20.0%, which clears the 30% stress threshold but leaves limited buffer if rates move. Stock is overwhelmingly separate houses at 96.8%, with 58.4% of dwellings having three bedrooms and 26.8% four or more. Monthly mortgage repayments average $1,302, lower than comparable mainland markets, because the loan-to-value entry point still carries weight. The absence of apartments keeps competition concentrated on the same stock, which partly explains the rapid price recovery from the $88,750 trough recorded in 1997.
For Investors
The rental market in Spreyton is thin by design: only 16.5% of dwellings are rented, and the weekly rent of $279 is modest compared to east-coast equivalents. Against an $840,000 median, the gross yield works out near 1.7%, low for a regional market. The vacancy rate at 4.1% is elevated above the standard 3% benchmark, suggesting limited rental demand pressure. Net overseas migration adds around 8 residents per year while internal migration is slightly negative at minus 2 annually, a balanced but slow demand base. No development applications were lodged in the past 12 months, meaning the supply pipeline is inactive and price gains, when they occur, face no new stock competition. The 7.2% CAGR since 1996 is the strongest argument for long-horizon holding.
Schools in Spreyton iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Spreyton Primary School
K-6 · 304 students
Demographics
The median age is 41, matching the national median with an age difference of 1.0 year above national. The population trajectory is aging: the senior share rose 7.6 points over the decade while the working-age share fell 1.1 points, placing Spreyton on a clear aging path. Overseas-born residents account for just 7.0%, which is 14.6 percentage points below the national average, making Spreyton one of the more Anglo-Celtic suburbs in Tasmania. Ancestry is led by English (879 people), Irish (172) and Scottish (164). University qualifications reach 19.9%, which is 10.2 points below the national figure, consistent with the decile 2 IEO score. Average household size is 2.4, marginally below the national average by 0.1.
Age Distribution
Bedrooms
Dwelling Structure
96.8%
Houses
3.2%
Townhouse
N/A
Apartment
Tenure
Spreyton's housing stock is one of the least diverse in the region: 96.8% are separate houses, with semi-detached dwellings filling the remaining 3.2% and no recorded apartments. Three-bedroom homes dominate at 58.4%, with 4-plus bedroom homes at 26.8%, pointing to family-sized dwellings throughout. Tenure is ownership-heavy: 38.7% own outright and 44.8% hold a mortgage, while only 16.5% rent. That 83.5% ownership rate is well above national levels. Prices have risen from $105,000 in 1996 to $840,000 in 2026, a 700% gain and a 7.2% compound annual growth rate over 30 years. Rent-to-income sits at 18.6%, below the 30% stress threshold, and mortgage-to-income at 20.0% is similarly contained, though rising prices are putting upward pressure on that ratio.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,302
Rent / wk
$279
HH Size
2.4
Personal Income / wk
$768
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
4.1%
Unoccupied
32
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
18.6%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
20.0%
Community Profile
Ancestry
Household Composition
34.1%
Couples, no children
1,552
Total families
Economy & Employment
Healthcare is the dominant employer at 19.6% of the workforce (118 people), followed by Construction at 12.3% (74), Manufacturing at 11.5% (69), Education at 10.6% (64) and Retail at 7.6% (46). By occupation, Professionals lead at 144 workers, with Community and Personal Services at 115 and Clerical/Admin at 112. The unemployment rate is low at 2.4%, with 21 people unemployed, and the full-time employment rate reaches 65.9%. The participation rate of 58.2% is below the national norm, because 535 residents are not in the labour force, partly reflecting the aging population. The SEIFA education-occupation score sits at decile 2, placing Spreyton below most Australian suburbs, while real income grew 18.6% over the decade.
Unemployment
2.5%
Labour Force
1,838
Unemployed
46
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
65.9%
Part-time
31.7%
Participation
58.2%
Employed
872
Occupations
Top Industries
University
19.9%
Postgraduate
3.2%
Born Overseas
7.0%
Dwellings
750
Transport to Work
Car dependency is near-total in Spreyton, with 95.2% of employed residents driving to work, reflecting the suburban layout and limited public transport. Walking and cycling account for just 1.4%. The IRSAD decile of 3 places the suburb in the lower third nationally for relative advantage, meaning services and infrastructure are below the national median by this measure. The IER (economic resources) decile of 7 is notably higher, reflecting the owner-occupier base with accumulated equity. Crime data is not available for Spreyton in this dataset. No schools are recorded inside the 11.55 km2 boundary, so families depend on schools in nearby Devonport and surrounding areas. Volunteering runs at 12.8% and only 6.1% of residents need daily assistance, suggesting a self-sufficient, stable community.
Drive
95.2%
Public Transport
N/A
Walk / Cycle
1.4%
Work from Home
N/A
Population Forecast
+0.95%/yr
(+31 people/yr)
EstablishedThe population forecast projects steady expansion, reaching approximately 3,478 residents by 2031 under the medium scenario, up from 3,275 in 2025, representing annual growth of about 0.95% or 31 persons per year. That rate is modest but consistent, driven primarily by a balanced migration profile: overseas migration adds 8 residents a year and internal migration is near-neutral at minus 2. The 10-year population change of 10.1% confirms gradual sustained growth rather than boom-bust cycles. The gentrification score of 50 at the suburb level sits in the Active stage, with university education climbing from 0% to 11% over the decade as a key signal. Affordability improved, with the ratio falling from 42.1% in 2011 to 36.0% in 2021, despite prices rising sharply since then.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Balanced
Net Overseas / yr
+8
Net Internal / yr
-2
Gentrification Signal
Not gentrifying
Population +12% since 2011, Accelerating: 0% → 11%
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Spreyton compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Spreyton a good suburb to live in?
Spreyton suits owner-occupier families who prioritise space and stability. The suburb has a 83.5% ownership rate, mortgage-to-income ratio of 20.0% and low unemployment at 2.4%. The IRSAD decile of 3 places it below the national median for advantage, and there are no schools recorded within the boundary, so families rely on nearby Devonport for schooling.
What is the median house price in Spreyton?
The median house price is $840,000 in 2026, up from $700,000 in 2025 and $625,000 in 2024. Since 1996 prices have risen 700%, a 7.2% compound annual growth rate over 30 years. Monthly mortgage repayments average $1,302 and rent averages $279 per week.
What schools are in Spreyton?
No schools are recorded inside the Spreyton boundary in this dataset. Families typically use schools in neighbouring Devonport, which is the nearest major centre. Locally, 19.9% of residents hold university qualifications, which is 10.2 points below the national average.
Is Spreyton safe?
Detailed crime statistics are not available for Spreyton in this dataset. As an indirect measure, the IRSD decile of 5 places it at the national median for relative disadvantage, and only 6.1% of residents need daily assistance. Unemployment is low at 2.4%, a factor generally associated with lower crime rates.
Is Spreyton good for property investment?
The 7.2% compound annual growth rate since 1996 is the main investment case, with prices rising from $105,000 to $840,000 over 30 years. Weekly rent of $279 against an $840,000 median implies a gross yield near 1.7%, which is low. The 4.1% vacancy rate is above the 3% benchmark, and no new development applications were lodged in the past 12 months, limiting new supply competition.
How is Spreyton's population changing?
Population sits at around 3,275 residents as of 2025 and is forecast to reach 3,478 by 2031, growing at 0.95% annually. The 10-year change was 10.1%. Overseas migration adds about 8 people per year while internal migration is near-neutral at minus 2 annually, making overseas arrivals the marginal growth driver.
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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