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Suburb Insights · TAS 7177

Boomer Bay, TAS 7177 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Boomer Bay is a regional centre in Tasmania, Australia, with a population of approximately 117, making it a boutique locality. Located approximately 41 km from the Hobart CBD, Boomer Bay is a regional area in Tasmania. The median household income is $61,724 per year.

Investment Score

33 / 100 Weak

Lower income levels in Boomer Bay typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Hobart
Boomer Bay
Tasmania · 7177
41 km from Hobart CBD
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Key Indicators

Postcode
7177

Official Australia Post postcode for Boomer Bay. A postcode may cover multiple suburbs.

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Population
117

Usual resident population at the most recent census.

Median weekly rent
$220/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$61,724/yr

Annual median household income (before tax) across all households.

Distance to CBD
41 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,083/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
75% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Boomer Bay is a smaller community of 117 — about 3% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $61,724/year is 17% below the Tasmania median of $73,944, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $220/week (88% coverage of the $1,083/month median mortgage) leaves a gap of roughly $130/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 41 km from Hobart, Boomer Bay is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Boomer Bay vs Tasmania Median

How Boomer Bay stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Boomer Bay sits above the state median; negative means below.

MetricBoomer BayTAS medianΔ vs state
Population1173,902-97%
Median household income$61,724/yr$73,944/yr-17%
Median rent (weekly)$220$320-31%
Median mortgage (monthly)$1,083$1,378-21%
Distance to CBD41 km24 km+71%
Separate houses75%80%-5pp

Investor Checklist

Pre-inspection briefing for Boomer Bay — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 117 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Strong rental coverage: $220/week (~$953/month) covers 88% of the $1,083/month median mortgage repayment, so the shortfall sits at just $130/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 75% houses in a 117-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Boomer Bay property

Full Property Analysis

30-year projections for Boomer Bay

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Boomer Bay are modest for 2026 — incomes 17% below the TAS median of $73,944 and a population of 117 suggest gains will lag headline metro markets. Rental coverage runs at ~88% of the typical mortgage ($953/month rent vs $1,083/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 33/100 places Boomer Bay 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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Frequently Asked Questions

Is Boomer Bay a good suburb for investment?

Boomer Bay scores 33/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 117, median household income of $61,724/year and median weekly rent of $220. 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.

What drives property demand in Boomer Bay?

The main demand drivers in Boomer Bay are a median household income of $61,724/year, a dwelling mix that is 75% separate houses, 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.

What is the population of Boomer Bay?

Boomer Bay has a usual resident population of approximately 117, 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.

How far is Boomer Bay from the Hobart CBD?

Boomer Bay sits 41 km straight-line from the Hobart CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Boomer Bay?

The most recent census recorded a median weekly rent of $220 in Boomer Bay, equating to approximately $11,440/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Boomer Bay?

The median monthly mortgage repayment in Boomer Bay is $1,083, or approximately $12,996/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.

Is Boomer Bay cash-flow positive for investors?

A median weekly rent of $220 works out to $953/month, covering 88% of the median mortgage repayment of $1,083/month. That leaves a $130/month shortfall (around $1,560/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Boomer Bay?

The main risks are a thin buyer pool (117 residents), interest-rate sensitivity on the $1,083 median mortgage, below-median household incomes ($61,724 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.

How we built this Boomer Bay profile

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.

Nearby Suburbs

Tasmania Property Resources