TAS7320· Pop. 17,138Burnie

HILLCREST

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

Liveability score

Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.

Median price

Est.

—

no recent data

Rent yield

Est.

8.1%

modelled estimate

Annual growth

Est.

1.0%

modelled estimate

Vacancy rate

Est.

2.3%

modelled estimate

AI insights for HILLCREST

Investment analysis, risks & comparisons

PREMIUM

HILLCREST shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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AI suburb reportPREMIUM

A shareable, printable analysis of HILLCREST — investment outlook, liveability, risks & who it suits.

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Compare HILLCREST with nearby suburbs

Side-by-side on price, yield, growth, schools, safety & more.

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Resident reviews

What people who know HILLCREST say

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Reviews are the opinions of individual users and are not verified by Australia Property.

Price figures are estimated — suburb-level data not available for this state. Verify with Domain or REA.

Median rent

$240/wk

weekly

Demand change

+0.7%

annual shift

Yield × growth index

4.5

combined signal

Net yield (est.)

7.17%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.9%

est. compound, long-run avg

10-yr growth (CAGR)

+7.3%

est. compound, long-run avg

Rental demand

40 / 100

Moderate demand

Supply pipeline

Est.

0.6%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

No price history available.

Market overview

HILLCREST is a TAS suburb offering high rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

Strong rental yield of 8.1%
Access to national transport network and amenities

Risk factors

Below-average growth — limited capital appreciation signal
Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,187/wk

$31k taxable p.a.

Renters

35.0%

62.6% owner-occupier

Median age

40.0 yrs

Unemployment

5.9%

Population growth

+0.2% p.a.

Investor-owned

9.0%

of all dwellings (ATO)

Houses

87%

6% apartments

Degree qualified

20.0%

bachelor's or higher (ABS)

Work from home

9.4%

of employed residents (ABS Census)

Median lot size

1.6 ha

Large block

Household size

2.6 persons

avg per dwelling (ABS Census)

Short-term rental

9.7%

Active STR market

Market activity

Distance to CBD

233.7 km

Regional

Days on market

93 days

Slower market

Auction clearance

21.1%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

4.9 km

Near coast

NBN technology

FTTN

Standard — fibre to node

Population density

84/km²

Rural / semi-rural

Schools in postcode 7320

🏫6 Primary🎓4 Secondary⭐1 Special

ACARA 2025

🏫Primary (6)

Stella Maris Catholic School

Catholic · Yrs Prep-6 · Outer Regional

ICSEA 1024(57%)

382 students18:1 student–teacher53% girls21% top SEA quarter

Cooee Primary School