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Suburb Insights · TAS 7315

Castra, TAS 7315 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Castra is a regional centre in Tasmania, Australia, with a population of approximately 41, making it a boutique locality. Located approximately 202 km from the Hobart CBD, Castra is a regional area in Tasmania. The median household income is $53,248 per year.

Investment Score

24 / 100 Weak

Lower income levels in Castra typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Hobart
Castra
Tasmania · 7315
202 km from Hobart CBD
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Key Indicators

Postcode
7315

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

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Population
41

Usual resident population at the most recent census.

Median weekly rent
$100/wk

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

Median household income
$53,248/yr

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

Distance to CBD
202 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
$1,558/mo

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

Home type
112% houses

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

Investment Insight

Castra is a smaller community of 41 — about 1% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Castra's median household income of $53,248/year is 28% below the Tasmania suburb median ($73,944) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Weekly rent of $100 covers just 28% of the median $1,558/month mortgage repayment, leaving a $1,125/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. Castra is 202 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 112% of dwellings — 32 percentage points above the Tasmania median of 80% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Castra vs Tasmania Median

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

MetricCastraTAS medianΔ vs state
Population413,902-99%
Median household income$53,248/yr$73,944/yr-28%
Median rent (weekly)$100$320-69%
Median mortgage (monthly)$1,558$1,378+13%
Distance to CBD202 km24 km+742%
Separate houses112%80%+32pp

Investor Checklist

Pre-inspection briefing for Castra — 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 41 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Weak cash flow: $100/week rent covers only 28% of the $1,558/month median mortgage — a $1,125/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

⚠️
Renovation / Flip

With 112% houses in a 41-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 Castra property

Full Property Analysis

30-year projections for Castra

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Castra are modest for 2026 — incomes 28% below the TAS median of $73,944 and a population of 41 suggest gains will lag headline metro markets. Rental coverage runs at ~28% of the typical mortgage ($433/month rent vs $1,558/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 24/100 places Castra 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 Castra a good suburb for investment?

Castra scores 24/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 41, median household income of $53,248/year and median weekly rent of $100. 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 Castra?

The main demand drivers in Castra are a median household income of $53,248/year, a dwelling mix that is 112% 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 Castra?

Castra has a usual resident population of approximately 41, 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 Castra from the Hobart CBD?

Castra sits 202 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 Castra?

The most recent census recorded a median weekly rent of $100 in Castra, equating to approximately $5,200/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.

What is the typical mortgage repayment in Castra?

The median monthly mortgage repayment in Castra is $1,558, or approximately $18,696/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 Castra cash-flow positive for investors?

A median weekly rent of $100 works out to $433/month, covering 28% of the median mortgage repayment of $1,558/month. That leaves a $1,125/month shortfall (around $13,500/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 Castra?

The main risks are a thin buyer pool (41 residents), interest-rate sensitivity on the $1,558 median mortgage, below-median household incomes ($53,248 vs $73,944 state median), 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 Castra 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