Median price · 7 years
Rolling 12-month median, all dwellings
$615,000+6.8% past 12 months
2020202120222023202420252026
Glenorchy
Steady outlook Growth score 62 Top 68% of sample
Risk score 29 Low · lower is better
Stability score 77 Consistent over 10 years
What drives the growth score
Nine metrics, each benchmarked against every suburb nationally. Weighted sum equals the score.
Sales momentum18% Moderate · 61
Listing scarcity15% Moderate · 67
Rental demand14% Strong · 75
Days on market12% Moderate · 58
Infrastructure investment11% Strong · 83
Jobs access10% Weak · 39
Population growth8% Weak · 35
Income growth7% Strong · 71
New supply pressure5% · negative Elevated · 44
Key metrics vs benchmarks
TAS column is the sample-state average; national is the whole sample.
| Metric | Glenorchy | TAS | National |
|---|---|---|---|
| Median price | $612,500 | $763,500 | $734,203 |
| 12-month growth | +6.8% | +6.1% | +8.4% |
| Gross rental yield | 4.2% | 3.9% | 4.0% |
| Vacancy rate | 0.8% | 1.0% | 1.3% |
| Days on market | 32 | 32 | 31 |
| Auction clearance | 58% | 58% | 62% |
| New supply pipeline | Elevated | Moderate | Moderate |
Risk score components
Lower is safer. Components are read independently; the score is their weighted blend.
29Low risk
New supply pipelineApproved dwellings vs existing stock Moderate · 44
Employment concentrationShare of jobs in the top two industries Low · 23
Price volatility, 5 yearsLargest peak-to-trough drawdown Low · 18
Vacancy pressureCurrent vacancy vs 2% threshold Low · 14
Hazard exposureFlood, bushfire and storm surge overlays Low · 10
Who lives here
ABS Census, latest release, aggregated to suburb
48,000population 37median age 55%owner-occupied 45%renting
Owner-occupiedRenting
Glenorchy is an affordable Hobart suburb attracting first-home buyers and investors with strong rental returns. Infrastructure improvements and proximity to the CBD (8km) continue to drive interest from mainland buyers.
On the ground
Committed projects and catalysts feeding the infrastructure and jobs metrics
- Glenorchy Art and Sculpture Park (GASP)
- Wilkinsons Point recreation precinct
- Main Road commercial revival
- Hobart CBD proximity (8km)
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