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Suburb Insights ยท TAS 7112

Charlotte Cove 7112, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Charlotte Cove is a regional centre in Tasmania, Australia, with a population of approximately 48, making it a boutique locality. Located approximately 45 km from the Hobart CBD, Charlotte Cove is a regional area in Tasmania. The median household income is $50,648 AUD per year (ABS 2021 Census).

Investment Score

31 / 100 Weak

Lower income levels in Charlotte Cove 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

Map shows Charlotte Cove, Tasmania, Australia.

Key Indicators

Postcode
7112

Official Australia Post postcode for Charlotte Cove. A postcode may cover multiple suburbs.

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Population
48

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

ABS Census Data โ†’
Median Rent (weekly)
$293/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
$50,648/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)
$1,300/mo

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

ABS Census Data โ†’
Dwelling Type
48% 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, Charlotte Cove 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 $293/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month.

Investment Strategy

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Buy & Hold

Long-term holding in Charlotte Cove requires careful assessment of local economic resilience.

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Rental Yield

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

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Renovation / Flip

The resale market in Charlotte Cove may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Charlotte Cove property

Full Property Analysis

30-year projections for Charlotte Cove

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Charlotte Cove may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Charlotte Cove is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Charlotte Cove a good suburb for investment?

Charlotte Cove is a regional area in Tasmania with a population of 48. The median rent is $293/week and the median household income is $50,648/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 Charlotte Cove?

Key demand drivers in Charlotte Cove include regional employment hubs, lifestyle, and affordability. 48% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Charlotte Cove?

According to the ABS 2021 Census, Charlotte Cove has a population of approximately 48. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Charlotte Cove from the Hobart CBD?

Charlotte Cove 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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