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Suburb Insights · TAS 7030

Broadmarsh, TAS 7030 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Broadmarsh is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 160, making it a boutique locality. Located approximately 30 km from the Hobart CBD, Broadmarsh is a middle ring area in Tasmania. The median household income is $81,224 per year.

Investment Score

52 / 100 Moderate

Moderate income levels in Broadmarsh indicate steady rental demand from working households.

Location

Hobart
Broadmarsh
Tasmania · 7030
30 km from Hobart CBD
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Key Indicators

Postcode
7030

Official Australia Post postcode for Broadmarsh. A postcode may cover multiple suburbs.

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Population
160

Usual resident population at the most recent census.

Median weekly rent
$285/wk

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

Median household income
$81,224/yr

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

Distance to CBD
30 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
$1,509/mo

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

Home type
90% houses

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

Investment Insight

Broadmarsh is a smaller community of 160 — about 4% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Households here earn $81,224/year on average — 10% above the TAS suburb median of $73,944 — a modest premium that supports resilient owner-occupier demand. Rent of $285/week (82% coverage of the $1,509/month median mortgage) leaves a gap of roughly $274/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 30 km from Hobart, Broadmarsh is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Broadmarsh vs Tasmania Median

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

MetricBroadmarshTAS medianΔ vs state
Population1603,902-96%
Median household income$81,224/yr$73,944/yr+10%
Median rent (weekly)$285$320-11%
Median mortgage (monthly)$1,509$1,378+10%
Distance to CBD30 km24 km+25%
Separate houses90%80%+10pp

Investor Checklist

Pre-inspection briefing for Broadmarsh — 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 160 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $285/week covers 82% of a $1,509/month mortgage, leaving a $274/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 90% houses in a 160-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 Broadmarsh property

Full Property Analysis

30-year projections for Broadmarsh

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Broadmarsh are modest for 2026 — incomes 10% above the TAS median of $73,944 and a population of 160 suggest gains will lag headline metro markets. Rental coverage runs at ~82% of the typical mortgage ($1,235/month rent vs $1,509/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 52/100 places Broadmarsh in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Broadmarsh a good suburb for investment?

Broadmarsh scores 52/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 160, median household income of $81,224/year and median weekly rent of $285. 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 Broadmarsh?

The main demand drivers in Broadmarsh are an above-state-median household income of $81,224/year, a dwelling mix that is 90% 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 Broadmarsh?

Broadmarsh has a usual resident population of approximately 160, 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 Broadmarsh from the Hobart CBD?

Broadmarsh sits 30 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 Broadmarsh?

The most recent census recorded a median weekly rent of $285 in Broadmarsh, equating to approximately $14,820/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 Broadmarsh?

The median monthly mortgage repayment in Broadmarsh is $1,509, or approximately $18,108/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.

Is Broadmarsh cash-flow positive for investors?

A median weekly rent of $285 works out to $1,235/month, covering 82% of the median mortgage repayment of $1,509/month. That leaves a $274/month shortfall (around $3,288/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 Broadmarsh?

The main risks are a thin buyer pool (160 residents), interest-rate sensitivity on the $1,509 median mortgage, 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 Broadmarsh 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