Meander Valley · 7303

Westbury, TAS

6.6%/yr capital growth, 65% under your cap.

NextSuburb scoreTier D
29Below trend
Median house
$525k
5y growth
6.6%/yr
Gross yield
2.6%
Vacancy
2.6%
Thin market · ~2k residentsLow confidence
Thin marketSmall sample sizes (~18 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)6.6%/yr
    66/100
  • Population growth+3.1% (5y)
    31/100
  • Supply tightening+2.0% YoY
    40/100
  • Rental yield2.6%
    52/100
  • Rental demand2.6% vacancy
    35/100
  • Income growth+11.0% (5y)
    44/100
  • Construction pipelineno nearby pipeline
    0/100
  • Affordability65% under cap
    65/100

Why this score

Westbury scores 29/100 (Below trend). The two strongest signals: 6.6%/yr capital growth over five years and 2.6% gross rental yield. The standout watch-out: population of 2,272 makes the market illiquid.

Drivers
  • Capital growth6.6%/yr
  • Budget headroom65% under cap
Risks
  • Only 2,272 residents — illiquid, slow to sell
  • No major construction project in this state

Nearest infrastructure

UTAS Launceston Inveresk Campus27.5 km away

Recently completed · $0.3bn · completion 2024

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three TAS suburbs in the same budget band with the closest NextSuburb scores.

See the full TAS ranking

60-month score history

Backfilled — live history begins May 2026
172533Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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