Burnie TAS Property Market
Postcode 7320
Data updated: April 2026 · Sources: ABS Census, CoreLogic, Domain
About the Burnie Property Market
Burnie is Tasmania's fourth-largest city, situated on the state's northwest coast approximately 150 kilometres from Hobart. This industrial port city serves as a major manufacturing and shipping hub, with a strong working-class heritage built around paper mills, mining operations, and agricultural processing. The coastal location provides stunning Bass Strait views and easy access to both urban amenities and Tasmania's renowned natural attractions.
Property Market
The local property market features a mix of weatherboard cottages, brick veneer homes, and modern developments, with many properties offering ocean or mountain vistas. Housing prices generally remain well below mainland Australian capitals, making Burnie an affordable entry point for homebuyers. The market attracts steady interest from local workers, retirees seeking coastal lifestyle, and investors drawn to the city's industrial employment base.
Lifestyle and Amenity
Burnie offers comprehensive educational facilities including primary schools, high schools, and the University of Tasmania campus, alongside excellent healthcare services at North West Regional Hospital. The city centre features quality shopping precincts, dining options, and cultural attractions like the Burnie Arts and Function Centre. Residents enjoy easy access to beaches, walking tracks, and the nearby Cradle Mountain-Lake St Clair National Park.
Who Buys Here
The suburb attracts manufacturing workers, healthcare professionals, and government employees seeking affordable housing close to employment centres. Retirees are increasingly drawn to the coastal lifestyle and lower living costs compared to mainland cities. Young families appreciate the community atmosphere, educational options, and outdoor recreation opportunities.
Investment Outlook
Rental demand remains supported by the stable industrial employment base and growing healthcare sector workforce. The city's role as a regional service centre and potential for tourism development provide foundations for long-term property market stability.
Data last updated: 4 Apr 2026
Median price data for Burnie is not yet in our database. Price data is expanding across all Australian suburbs.
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How to Research a Suburb
Understanding the Numbers
Median house price represents the middle sale in a period — not the average. Rental yield is annual rent divided by property value. Vacancy rate below 3% indicates strong tenant demand. Annual growth shows 12-month price change — not a guarantee of future performance.
What to Research Before Buying
Check council zoning and DA restrictions, flood and bushfire overlays on state planning portals, infrastructure pipeline (rail, roads, schools), employer concentration (single-industry suburbs carry higher risk), and auction clearance rates (above 70% signals a seller's market).
Due Diligence Checklist
- ☐ Building and pest inspection
- ☐ Strata report (if applicable)
- ☐ Contract review by conveyancer
- ☐ Comparable sales in last 90 days
- ☐ Rental vacancy rate
- ☐ Council rates and water rates
- ☐ Body corporate fees (if applicable)
Data sources: ABS Census 2021, CoreLogic property transaction data, Domain listing data, and RBA statistical tables. Updated as new data becomes available.