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Suburb Insights ยท TAS 7116

Cairns Bay 7116, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cairns Bay is a regional centre in Tasmania, Australia, with a population of approximately 47, making it a boutique locality. Located approximately 45 km from the Hobart CBD, Cairns Bay is a regional area in Tasmania. The median household income is $46,800 AUD per year (ABS 2021 Census).

Investment Score

30 / 100 Weak

Lower income levels in Cairns Bay typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Cairns Bay, Tasmania, Australia.

Key Indicators

Postcode
7116

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

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Population
47

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

ABS Census Data โ†’
Median Rent (weekly)
$255/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
$46,800/yr

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

ABS Census Data โ†’
Distance to CBD
45 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)
$1,172/mo

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

ABS Census Data โ†’
Dwelling Type
59% 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 a regional centre, Cairns Bay serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $255/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,172/month.

Investment Strategy

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Buy & Hold

Buy-and-hold in Cairns Bay carries higher risk due to limited demand drivers and slower growth fundamentals.

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Rental Yield

Rental yields in Cairns Bay tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Renovation or flip strategies in Cairns Bay face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Cairns Bay property

Full Property Analysis

30-year projections for Cairns Bay

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Cairns Bay may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Cairns Bay's 2026 outlook. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Cairns Bay a good suburb for investment?

Cairns Bay is a regional area in Tasmania with a population of 47. The median rent is $255/week and the median household income is $46,800/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 Cairns Bay?

Key demand drivers in Cairns Bay include regional employment hubs, lifestyle, and affordability. 59% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cairns Bay?

According to the ABS 2021 Census, Cairns Bay has a population of approximately 47. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cairns Bay from the Hobart CBD?

Cairns Bay is approximately 45 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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