Longford, TAS 7301 is rated Prime in Handle's suburb model as at October 2026. The median house is $650,000 with a 4.6% gross yield, vacancy is 0.34% against 0.52% across Northern Midlands, and values have grown an average 8.1% a year over five years.
Every figure below is from the Handle suburb model, refreshed weekly. Northern Midlands is the council area.
| Metric | Longford | Northern Midlands | Context |
|---|---|---|---|
| Median house price | $650,000 | $637,500 | |
| Median rent | $560 / week | +12.0% in 12 months | |
| Gross rental yield | 4.6% | 4.5% | |
| Vacancy rate | 0.34% | 0.52% | 2 homes for rent |
| Days on market | 20 days | ||
| Stock on market | 0.77% | 15 listings, 75 sales a year | |
| Months of inventory | 2.2 | ||
| 12-month growth | +15.7% | ||
| 5-year growth (a year) | +8.1% | +48% cumulative | |
| 10-year growth (a year) | +9.7% |
A median Longford house was worth about $440,500 five years ago. Today it is $650,000, a +48% change, or 8.1% a year. Over 10 years the average is 9.7% a year, and the last 12 months added +15.7%.
Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.
The median house in Longford rents for $560 a week, a 4.6% gross yield. Rents have moved +12.0% over the last 12 months, and vacancy sits at 0.34%, well under the 1.5% line we treat as tight.
There are 15 houses listed for sale against roughly 75 sales a year, which is 2.2 months of stock. Homes take 20 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.
Longford has about 4,268 residents, up 13.0% over 10 years. Median household income is $1,352 a week, 87% of the TAS median. 71% of homes are owner-occupied, and 9% of mortgaged households are in mortgage stress.
Employment across Northern Midlands, where 16% of jobs are in government-backed sectors like health, education and public administration, plus 4 tracked infrastructure projects in the area.
Of the four signals our model scores, rental return and buyer demand lead for Longford and price growth trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.
Data as at 26 October 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.
Longford is rated Prime in Handle's suburb model, in the top 10% of 3,393 Australian suburbs as at October 2026. The median house is $650,000 with a 4.6% gross yield and 0.34% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.
The postcode for Longford, TAS is 7301. Longford is in the Northern Midlands local government area, and our data below covers houses in Longford itself rather than the wider council area.
The median house price in Longford, TAS is $650,000 as at October 2026, against $637,500 across Northern Midlands. Values moved +15.7% over the last 12 months and averaged 8.1% a year over five years.
A median house in Longford rents for $560 a week, a gross rental yield of 4.6%. The Northern Midlands median is 4.5%. Rents changed +12.0% over 12 months.
Vacancy in Longford is 0.34%, against 0.52% across Northern Midlands. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.
Employment across Northern Midlands is led by health care and social assistance, agriculture, forestry and fishing, construction, with 16% of jobs in government-backed sectors. Infrastructure in the area includes Launceston Airport Redevelopment and Launceston General Hospital Expansion. Homes sell in about 20 days with 2.2 months of stock.
Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 26 October 2026. Handle Properties is a licensed buyers agency, not a financial adviser.
Longford is a residential suburb in Tasmania, sitting within the 7301 postcode. Located approximately 144km from the Hobart CBD, the suburb is serviced by 1 schools and benefits from solid transport and amenity access.
Longford has a population of approximately 4,268, a median age of 47, a median weekly household income of $1,352. With 71% owner-occupier rate, this is predominantly a homeowner market, which supports long-term price stability. Across the broader LGA, 24.7% of residents hold a university qualification.
Key employment industries in the broader local government area include Health Care and Social Assistance (15.6%), Agriculture, Forestry and Fishing (14.2%), Construction (10.1%).
The current median house price in Longford is $580,000. Average annual growth sits at 8.0% over five years, reflecting steady capital appreciation. In the past 12 months, prices have increased 5.45%.
Properties in Longford spend an average of 22 days on market. Online buyer demand is currently rated as high online demand. Stock on market sits at 0.72%. Inventory levels are at 2.25 months, indicating a balanced market. The average vendor discount is -2.1%, meaning sellers are typically negotiating below asking price.
The median weekly rent for houses in Longford is $550. Gross rental yield is 4.93%, providing a solid income return. The vacancy rate of 0.34% signals very strong rental demand. Rents have grown 11.11% over the past 12 months.
The broader local government area is forecast to grow from 14,187 to 14,735 residents by 2031 (3.9% growth).
Explore other suburb profiles in the area: Perth, TAS, Deloraine, TAS, Latrobe, TAS, Port Sorell, TAS, Devonport, 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 Longford 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.