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Suburb Insights ยท TAS 7004

Battery Point 7004, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Battery Point is an inner-city suburb of Hobart, Australia, with a population of approximately 2,096, making it a boutique locality. Located 1 km from the Hobart CBD, Battery Point is a inner city area in Tasmania. The median household income is $98,332 AUD per year (ABS 2021 Census).

Investment Score

73 / 100 Good

Above-average earnings in Battery Point support sustained property values. Its proximity to the CBD adds a strong location premium.

Location

Map shows Battery Point, Tasmania, Australia.

Key Indicators

Postcode
7004

Official Australia Post postcode for Battery Point. A postcode may cover multiple suburbs.

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Population
2,096

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$450/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$98,332/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
1 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
28% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Battery Point benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $450/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. The median household income of $98,332/year reflects a solid demographic, supporting sustainable rental demand. With only 28% separate houses, Battery Point has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Solid fundamentals in Battery Point support capital growth over a medium to long hold period.

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Rental Yield

Rental returns in Battery Point are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

The resale market in Battery Point may not support quick-turnaround renovation projects.

Risk Factors

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Full Property Analysis

30-year projections for Battery Point

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

The outlook for capital growth in Battery Point is encouraging heading into 2026, driven by constrained supply and buyer competition. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Confidence in Battery Point's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Battery Point a good suburb for investment?

Battery Point is a inner city area in Tasmania with a population of 2,096. The median rent is $450/week and the median household income is $98,332/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Battery Point?

Key demand drivers in Battery Point include employment proximity and urban lifestyle. 28% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Battery Point?

According to the ABS 2021 Census, Battery Point has a population of approximately 2,096. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Battery Point from the Hobart CBD?

Battery Point is approximately 1 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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