Promised Land, TAS 7306

The median house price in Promised Land, TAS 7306 is $766k as of June 2026. 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.

The median weekly house rent in Promised Land is $370 as of June 2026. Current vacancy pressure is shown in the supply section above.

A 3 bedroom house in Promised Land rents for a median $370 per week as of June 2026. 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.

Gross rental yield in Promised Land is 1.35% for houses as of June 2026, compared with the TAS unit median of 3.84%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

As of June 2026 in Promised Land, gross rental yield is 1.35% against a TAS median of 2.42%, houses take a median 202 days to sell, sales supply is 2.1 months (very tight). 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.

Houses in Promised Land sell in a median 202 days on market as of June 2026. Faster clearance typically coincides with stronger buyer demand and lower supply.

Promised Land's sales market sits at 2.1 months of supply for houses as of June 2026 — classified as Very Tight against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.

Promised Land's median house price ($766k) is 103% above the TAS median ($377k) as of June 2026. On selling speed, houses clear in 202 days vs 24 days state median. On gross yield, Promised Land sits at 1.35% vs 2.42% state median.

The most-transacted segment in Promised Land over the 12 months to June 2026 is 3 bed houses with 1 sale. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

Promised Land recorded 1 house sale and 0 unit sales over the 12 months to June 2026 — a combined 1 transaction. On the rental side, 1 house and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.

Promised Land is in postcode 7306, in the West & North West region of TAS. Addresses there are written as Promised Land, TAS 7306.

Promised Land, TAS 7306 is home to 28 residents (ABS Census 2021). The median resident age is 35, and the average household holds 2.2 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

The median household in Promised Land earns $574 per week — roughly $30k a year (ABS Census 2021). Median personal income runs $340/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

The unemployment rate in Promised Land is 50.0% (ABS Census 2021). 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.

Promised Land 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.

Promised Land has 3 schools within reach — including Wilmot Primary School, Sheffield School, Sprent Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Promised Land, TAS 7306 has a population of 28, a median age of 35, a median household income around $574/week, 50% of households renting (ABS Census 2021). There are 3 schools 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.

This Promised Land 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.