Located in Tasmania within the Meander Valley local government area, Deloraine is a smaller residential area (postcode 7304). The area has roughly 3,035 residents and a mature demographic, with a median age of 50. Households earn a median income of $51K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% year-on-year at the LGA level. TAS employment has moved -1.7% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. TAS also had 17 Commonwealth-backed major projects under construction, 2 underway, and 16 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, community & personal service, labourers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are English, Australian, Irish.
The median house price in Deloraine is $533,000, having risen solidly by 8.9% over the past year. Units have a median price of $375,000 (+33.9% YoY). The current median weekly rent is $525. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,203.
Deloraine is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 2 rail stations, 3 bus stops.
On the investment side, Deloraine shows a gross rental yield of approximately 5.1%, rated as high yield. Property prices are near the state median ($533K/$740K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +8.9% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.