Lindisfarne is a residential suburb in Tasmania, sitting within the 7015 postcode. Located approximately 5km from the Hobart CBD, the suburb is serviced by 2 schools and benefits from solid transport and amenity access.
Lindisfarne has a population of approximately 6,639, a median age of 49, a median weekly household income of $1,745. With 70% owner-occupier rate, this is predominantly a homeowner market, which supports long-term price stability. Across the broader LGA, 41.3% of residents hold a university qualification.
Key employment industries in the broader local government area include Health Care and Social Assistance (16.7%), Public Administration and Safety (11.7%), Education and Training (11.2%).
The current median house price in Lindisfarne is $790,000. Five-year average annual growth is 5.0%, indicating moderate capital movement. Prices have moved 3.27% over the past 12 months.
Properties in Lindisfarne spend an average of 30 days on market. Online buyer demand is currently rated as high online demand. Stock on market sits at 0.66%. Inventory levels are at 2.59 months, indicating a balanced market. The average vendor discount is -6.5%, meaning sellers are typically negotiating below asking price.
The median weekly rent for houses in Lindisfarne is $620. Gross rental yield is 4.08%, providing a solid income return. The vacancy rate of 0.76% signals very strong rental demand. Rents have grown 6.9% over the past 12 months.
The broader local government area is forecast to grow from 61,810 to 64,962 residents by 2031, representing 5.1% population growth. This level of growth typically supports continued demand for housing and infrastructure investment.
Explore other suburb profiles in the area: Geilston Bay, TAS, Rose Bay, TAS, Old Beach, TAS, Bellerive, TAS, Tranmere, TAS.
Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Lindisfarne or need help identifying the right suburb for your strategy, get in touch with our team.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.