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ABS 2021 Census · Updated 21 May 2026
Carlton is a regional centre in Tasmania, Australia, with a population of approximately 1,363, making it a boutique locality. Located approximately 27 km from the Hobart CBD, Carlton is a regional area in Tasmania. The median household income is $74,100 per year.
Carlton has a solid income profile that supports reliable occupancy rates. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Official Australia Post postcode for Carlton. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Carlton on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Carlton is a smaller community of 1,363 — about 35% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $74,100/year, household income in Carlton is within 0% of the Tasmania median ($73,944), placing the suburb firmly in the state's mainstream demographic band. Median weekly rent of $350 equates to $1,517/month — about 113% of the median mortgage repayment of $1,347/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 27 km from Hobart, Carlton is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.
How Carlton stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Carlton sits above the state median; negative means below.
| Metric | Carlton | TAS median | Δ vs state |
|---|---|---|---|
| Population | 1,363 | 3,902 | -65% |
| Median household income | $74,100/yr | $73,944/yr | 0% |
| Median rent (weekly) | $350 | $320 | +9% |
| Median mortgage (monthly) | $1,347 | $1,378 | -2% |
| Distance to CBD | 27 km | 24 km | +13% |
| Separate houses | 85% | 80% | +5pp |
Pre-inspection briefing for Carlton — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 1,363 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.
Strong rental coverage: $350/week (~$1,517/month) covers 113% of the $1,347/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.
With 85% houses in a 1,363-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Carlton property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Carlton are modest for 2026 — incomes close to the TAS median of $73,944 and a population of 1,363 suggest gains will lag headline metro markets. Rental coverage runs at ~113% of the typical mortgage ($1,517/month rent vs $1,347/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 41/100 places Carlton in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Carlton scores 41/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 1,363, median household income of $74,100/year and median weekly rent of $350. 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.
The main demand drivers in Carlton are an above-state-median household income of $74,100/year, a dwelling mix that is 85% 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.
Carlton has a usual resident population of approximately 1,363, 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.
Carlton sits 27 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.
The most recent census recorded a median weekly rent of $350 in Carlton, equating to approximately $18,200/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.
The median monthly mortgage repayment in Carlton is $1,347, or approximately $16,164/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.
A median weekly rent of $350 works out to $1,517/month, covering 113% of the median mortgage repayment of $1,347/month. That means rent exceeds the median repayment by roughly $170/month, so on these numbers Carlton leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (1,363 residents), interest-rate sensitivity on the $1,347 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.
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.