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Suburb Insights ยท TAS 7257

Cape Barren Island 7257, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cape Barren Island is a regional centre in Tasmania, Australia, with a population of approximately 64, making it a boutique locality. Located approximately 284 km from the Hobart CBD, Cape Barren Island is a regional area in Tasmania. The median household income is $37,700 AUD per year (ABS 2021 Census).

Investment Score

26 / 100 Weak

Household earnings in Cape Barren Island are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Cape Barren Island, Tasmania, Australia.

Key Indicators

Postcode
7257

Official Australia Post postcode for Cape Barren Island. A postcode may cover multiple suburbs.

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Population
64

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

ABS Census Data โ†’
Median Rent (weekly)
$85/wk

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

State Rental Authority โ†’
Median Household Income
$37,700/yr

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

ABS Census Data โ†’
Distance to CBD
284 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)
N/A

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

ABS Census Data โ†’
Dwelling Type
68% 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, Cape Barren Island 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 $85/week (ABS 2021) indicates an affordable rental market.

Investment Strategy

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Buy & Hold

Long-term holding in Cape Barren Island requires careful assessment of local economic resilience.

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Rental Yield

Cape Barren Island's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

The resale market in Cape Barren Island may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Cape Barren Island property

Full Property Analysis

30-year projections for Cape Barren Island

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Cape Barren Island is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Cape Barren Island is thinner โ€” flexible lease terms could help secure tenants faster. Cape Barren Island is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Cape Barren Island a good suburb for investment?

Cape Barren Island is a regional area in Tasmania with a population of 64. The median rent is $85/week and the median household income is $37,700/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 Cape Barren Island?

Key demand drivers in Cape Barren Island include regional employment hubs, lifestyle, and affordability. 68% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cape Barren Island?

According to the ABS 2021 Census, Cape Barren Island has a population of approximately 64. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cape Barren Island from the Hobart CBD?

Cape Barren Island is approximately 284 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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