Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.
VERDICT
STRONG BUY
Rental Pressure Market
DEMAND
100 buyers/listing
Strong↑
LIQUIDITY
37d DOM
Weak↓
AFFORDABILITY
-3.0% vs 5yr
Neutral→
GROWTH OUTLOOK
Strong
Strong↑
YIELD
4.3%
Strong↑
SUPPLY PRESSURE
0.6% vacancy
Strong↑
#7/60StrongStructure 84$723KTop 2.4% nationally
Atlaso rates Old Beach houses as STRONG BUY, our highest conviction rating. Vacancy is extremely tight at 0.63%, well below the 2.5% equilibrium, and rental yield of 4.3% is above the national average. Historically, 90% of suburbs we rate STRONG BUY grew more than 8% annually.
At $723K, Old Beach ranks #7 of 60 houses in Hobart. The long-term structural outlook is Strong. Buyer demand is strong with 100 buyers per listing.
Old Beach Price History
All houses · monthly median sale price
Market Intelligence
What's Happening Now
Shifting to SellersMarket tightening. Act sooner rather than later.
+11.6%
Asking Prices (3mo)
+11.5%
Rents (12mo)
0.0%
Vacancy ↓
40%
Fresh Stock (<30d)
House Asking Prices (12 months)
$991K
House Weekly Rents (12 months)
$651/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 7017.
Suburb Profile
Old Beach at a Glance
SEIFA Index
7/10
Above average
Household Income
$1,885/wk
Median household
Median Age
40
Years
Mortgage Stress
19%
of income
Population Growth
-3.4%
vs state +1.5%
Ownership Mix
33.0%owned55.9%mortgage9.4%renting
Demographic Trends
Old Beach Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Old Beach Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Old Beach as STRONG BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Old Beach and 46 Australian cities to generate this rating.
What is the median house price in Old Beach?
The current median house price in Old Beach, tas is $723K, with annual growth of +24.1%. Properties sell in approximately 37 days.
How fast do properties sell in Old Beach?
Properties in Old Beach sell in 37 days on average. The market is currently rated Strong. This is in line with the broader market.
What is the growth outlook for Old Beach?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Old Beach's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Old Beach?
The gross rental yield for houses in Old Beach is 4.3%. This is above the national average, making it attractive for yield-focused investors.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).