Railton, TAS 7305: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Railton, the median property price for a house is currently $407,500 with annual capital growth of 8.67% . There were 12 house sales in the past 12 months. On average, houses spend 47 days on market.

If you're thinking about buying an investment property in Railton, consider that rental yields for houses are currently 5.05% with an average median rent of $385 weekly. Houses have seen 1.88% growth in the past quarter, and 8.67% growth in the past 12 months.

The size of Railton is approximately 70.9 square kilometres. It has 5 parks covering nearly 30.2% of total area. The population of Railton in 2011 was 1,230 people. By 2016 the population was 1,010 showing a population decline of 17.9% in the area during that time. The predominant age group in Railton is 50-59 years.

Households in Railton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Railton work in a labourer occupation. In 2011, 80.7% of the homes in Railton were owner-occupied compared with 79.7% in 2016.

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Key Market Data	House	Unit
Median price	$407,500	–
Quarterly growth	+1.88%	–
12-month growth	+8.67%	–
Average annual growth	+14.73%	–
Weekly median rent	$385	–
Gross rental yield	5.05%	4.61%
Number of Sales (12m)	12	–
Avg. Days on Market (12m)	47	–

Jump to Market Trends

Key Demographics	2011	2016
Total population	1,230	1,010
Population change (5y)	+36.51%	-17.90%
Median household income (p/w)	$809	$909
Household income change (5y)	+29.65%	+12.36%
Median age of persons	44	46

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Railton is $407,500 for houses.

The Median Growth in Railton over the past 12 months is 8.67% for houses.

Over the past 12 months there were 12 houses sold in Railton. On average, houses spent 47 days on market.

In the past 12 months up to September 2024 there were 12 houses sold in Railton. On average, houses spent 47 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Railton is $385 for houses.

The Rental Yield in Railton is 5.05% for houses and 4.61% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Railton was 1,010 in 2016, a -17.90% change compared to 2011.

The predominant age group in Railton is 50-59 years.

The population of Railton was 1,010 in 2016, a -17.90% change compared to 2011.

The predominant age group in Railton is 40-49 years.

Most of the population in Railton were born in Australia.

Most of the population in Railton report their religion as No Religion.

Most of the population in Railton report their income range as between $33,000 and $52,000 .

The median household income in Railton was $909 in 2016, a +12.36% change compared to 2011.

Most of the population in Railton report their income range as between $15,000 and $31,000 .

The median household income in Railton was $809 in 2011, a +29.65% change compared to 2006.

Most of the population in Railton work as Labourer.

Most of the population in Railton work as Trades.

The chart below demonstrates the various levels of education in Railton.

Most of the population in Railton reached a qualification level of Certificate.

2011 2016

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