Binalong Bay, TAS 7216
Binalong Bay property market
Binalong Bay is almost all houses — rentals come first, with 18 leases at $450 a week as of July 2026, renting out in about 57 days, one of the country's least in-demand house rental markets.
House sales are nearly as big, with 14 sales at around $844.5k, taking about 169 days to sell.
Who lives hereA low-income, mostly owner-occupied, retirement-age suburb — multicultural.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Binalong Bay demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Binalong Bay?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Binalong Bay
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Binalong Bay
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 3.1× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Binalong Bay
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Binalong Bay
No school inside Binalong Bay itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Binalong Bay median house price & rent
Headline price, rent, yield and time on market for Binalong Bay — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Binalong Bay property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Binalong Bay
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Binalong Bay against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Binalong Bay in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Binalong Bay — Units & Houses, all bedrooms
Binalong Bay median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Binalong Bay fell from $466k (Jul 2021) to $443k (Jun 2026) — a 4.9% decline over five years — peaking at $766k between Nov 2022 and Oct 2023. Median house rent went from $207/wk to $251/wk (+21.3%) over the same period.
Suburbs near Binalong Bay: prices compared
The nearest suburbs to Binalong Bay, ranked by distance — each lined up against Binalong Bay on the same measures, so the differences jump out at a glance.
Frequently asked · Binalong Bay
23 data-driven answers about Binalong Bay's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Binalong Bay?
#The median house price in Binalong Bay, TAS 7216 is $686k as of June 2026, based on a very small number of recent sales. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Binalong Bay?
#The median weekly house rent in Binalong Bay is $312 as of June 2026, drawn from a very small number of recent leases. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Binalong Bay?
#A 3 bedroom house in Binalong Bay rents for a median $312 per week as of June 2026, drawn from a very small number of recent leases. Across other house sizes: 2-bedroom $312/week, 4-bedroom $312/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Binalong Bay?
#Gross rental yield in Binalong Bay is 2.21% for houses as of June 2026, compared with the TAS unit median of 3.88%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Binalong Bay?
#As of June 2026, Binalong Bay medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $686k | $686k | — | $686k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Binalong Bay's property market trends?
#Binalong Bay's property market trends to June 2026: house prices rose +50.0% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 216 days — slower than a year ago by 35; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the Binalong Bay market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Binalong Bay as an investment?
#As of June 2026 in Binalong Bay, house prices rose +50.0% over the year, gross rental yield is 2.21% against a TAS median of 2.99%, houses take a median 216 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Binalong Bay?
#Houses in Binalong Bay sell in a median 216 days on market as of June 2026. Days on market have lengthened by 35 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Binalong Bay a tight or loose property market right now?
#Binalong Bay's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.
Have property prices in Binalong Bay gone up or down?
#House prices in Binalong Bay moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Binalong Bay?
#Binalong Bay's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 6 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
How it compares
Vs state, vs nearby, vs popularHow does Binalong Bay compare to other TAS suburbs?
#Binalong Bay's median house price ($686k) is 54% above the TAS median ($445k) as of June 2026. On selling speed, houses clear in 216 days vs 20 days state median. On gross yield, Binalong Bay sits at 2.21% vs 2.99% state median.
How does Binalong Bay compare to neighbouring suburbs?
#Binalong Bay's most-similar nearby market is Orford (87.9 km away) with a median house price of $626k — about 9% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Binalong Bay?
#The most-transacted segment in Binalong Bay over the 12 months to June 2026 is 2 bed houses with 5 sales. 3 bed houses come second at 5 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Binalong Bay last year?
#Binalong Bay recorded 5 house sales and 0 unit sales over the 12 months to June 2026 — a combined 5 transactions. On the rental side, 6 houses and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Binalong Bay in?
#Binalong Bay is in postcode 7216, in the Launceston & North East region of TAS. Addresses there are written as Binalong Bay, TAS 7216.
What is the population of Binalong Bay?
#Binalong Bay, TAS 7216 is home to 172 residents (ABS Census 2021). The median resident age is 50, and the average household holds 1.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Binalong Bay?
#The median household in Binalong Bay earns $843 per week — roughly $44k a year (ABS Census 2021). Median personal income runs $269/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Binalong Bay?
#The unemployment rate in Binalong Bay is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Binalong Bay?
#Binalong Bay is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Binalong Bay?
#Binalong Bay has 1 school within reach — including St Helens District High School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Binalong Bay a good place to live?
#Binalong Bay, TAS 7216 has a population of 172, a median age of 50, a median household income around $843/week, 50% of households renting (ABS Census 2021). There is 1 school within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Binalong Bay market data last updated?
#This Binalong Bay market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.