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ABS 2021 Census · Updated 21 May 2026
Banca is a regional centre in Tasmania, Australia, with a population of approximately 6, making it a boutique locality. Located approximately 213 km from the Hobart CBD, Banca is a regional area in Tasmania. The median household income is $23,400 per year.
Banca's income profile suggests a value-oriented market with competitive purchase prices. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Official Australia Post postcode for Banca. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Banca on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Banca is a smaller community of 6 — about 0% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Banca's median household income of $23,400/year is 68% below the Tasmania suburb median ($73,944) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Banca is 213 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
How Banca stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Banca sits above the state median; negative means below.
| Metric | Banca | TAS median | Δ vs state |
|---|---|---|---|
| Population | 6 | 3,902 | -100% |
| Median household income | $23,400/yr | $73,944/yr | -68% |
| Median mortgage (monthly) | $509 | $1,378 | -63% |
| Distance to CBD | 213 km | 24 km | +788% |
Pre-inspection briefing for Banca — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 6 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.
Median rental data was not captured for Banca. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.
With a population of 6, the resale market in Banca may not reliably reward cosmetic renovations — a longer hold is typically a better strategy at this scale, letting land-value appreciation do the work instead.
Run the numbers on a Banca property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Banca are modest for 2026 — incomes 68% below the TAS median of $73,944 and a population of 6 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Banca. The EquitySight investment score of 27/100 places Banca in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Banca scores 27/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 6, median household income of $23,400/year. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Banca are a median household income of $23,400/year, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Banca has a usual resident population of approximately 6, compared with a Tasmania suburb median of 3,902 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Banca sits 213 km straight-line from the Hobart CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
A reliable median rent was not captured for Banca. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.
The median monthly mortgage repayment in Banca is $509, or approximately $6,108/year (vs $1,378/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
Census data was not complete enough in Banca to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.
The main risks are a thin buyer pool (6 residents), interest-rate sensitivity on the $509 median mortgage, below-median household incomes ($23,400 vs $73,944 state median), the broader Tasmania market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.