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Suburb Insights · TAS 7330

Broadmeadows, TAS 7330 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Broadmeadows is a regional centre in Tasmania, Australia, with a population of approximately 61, making it a boutique locality. Located approximately 291 km from the Hobart CBD, Broadmeadows is a regional area in Tasmania. The median household income is $95,836 per year.

Investment Score

40 / 100 Weak

Above-average earnings in Broadmeadows support sustained property values. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Hobart
Broadmeadows
Tasmania · 7330
291 km from Hobart CBD
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Key Indicators

Postcode
7330

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

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Population
61

Usual resident population at the most recent census.

Median weekly rent
$181/wk

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

Median household income
$95,836/yr

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

Distance to CBD
291 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
$1,235/mo

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

Home type
106% houses

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

Investment Insight

Broadmeadows is a smaller community of 61 — about 2% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $95,836/year runs 30% above the Tasmania suburb median of $73,944, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median rent of $181/week (~$784/month) covers only 63% of the median mortgage of $1,235/month — the remaining $451/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. Broadmeadows is 291 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 106% of dwellings — 26 percentage points above the Tasmania median of 80% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Broadmeadows vs Tasmania Median

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

MetricBroadmeadowsTAS medianΔ vs state
Population613,902-98%
Median household income$95,836/yr$73,944/yr+30%
Median rent (weekly)$181$320-43%
Median mortgage (monthly)$1,235$1,378-10%
Distance to CBD291 km24 km+1113%
Separate houses106%80%+26pp

Investor Checklist

Pre-inspection briefing for Broadmeadows — 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 61 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Weak cash flow: $181/week rent covers only 63% of the $1,235/month median mortgage — a $451/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

⚠️
Renovation / Flip

With 106% houses in a 61-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 Broadmeadows property

Full Property Analysis

30-year projections for Broadmeadows

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Broadmeadows are modest for 2026 — incomes 30% above the TAS median of $73,944 and a population of 61 suggest gains will lag headline metro markets. Rental coverage runs at ~63% of the typical mortgage ($784/month rent vs $1,235/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 40/100 places Broadmeadows 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 Broadmeadows a good suburb for investment?

Broadmeadows scores 40/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 61, median household income of $95,836/year and median weekly rent of $181. 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 Broadmeadows?

The main demand drivers in Broadmeadows are an above-state-median household income of $95,836/year, a dwelling mix that is 106% 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 Broadmeadows?

Broadmeadows has a usual resident population of approximately 61, 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 Broadmeadows from the Hobart CBD?

Broadmeadows sits 291 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.

What is the median rent in Broadmeadows?

The most recent census recorded a median weekly rent of $181 in Broadmeadows, equating to approximately $9,412/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 Broadmeadows?

The median monthly mortgage repayment in Broadmeadows is $1,235, or approximately $14,820/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 Broadmeadows cash-flow positive for investors?

A median weekly rent of $181 works out to $784/month, covering 63% of the median mortgage repayment of $1,235/month. That leaves a $451/month shortfall (around $5,412/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 Broadmeadows?

The main risks are a thin buyer pool (61 residents), interest-rate sensitivity on the $1,235 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 Broadmeadows 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