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ABS 2021 Census · Updated 21 May 2026
Chigwell is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 2,050, making it a boutique locality. Located approximately 11 km from the Hobart CBD, Chigwell is a middle ring area in Tasmania. The median household income is $64,064 per year.
Chigwell's income profile suggests a value-oriented market with competitive purchase prices. Its proximity to the CBD adds a strong location premium.
Official Australia Post postcode for Chigwell. 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 Chigwell 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.
Chigwell is a smaller community of 2,050 — about 53% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $64,064/year is 13% below the Tasmania median of $73,944, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median weekly rent of $300 equates to $1,300/month — about 100% of the median mortgage repayment of $1,300/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 11 km from Hobart places Chigwell in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 24% of household income — a useful sanity check on tenant affordability.
How Chigwell stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Chigwell sits above the state median; negative means below.
| Metric | Chigwell | TAS median | Δ vs state |
|---|---|---|---|
| Population | 2,050 | 3,902 | -47% |
| Median household income | $64,064/yr | $73,944/yr | -13% |
| Median rent (weekly) | $300 | $320 | -6% |
| Median mortgage (monthly) | $1,300 | $1,378 | -6% |
| Distance to CBD | 11 km | 24 km | -54% |
| Separate houses | 76% | 80% | -4pp |
Pre-inspection briefing for Chigwell — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 2,050 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.
Strong rental coverage: $300/week (~$1,300/month) covers 100% of the $1,300/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.
With 76% houses in a 2,050-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 Chigwell property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Chigwell are modest for 2026 — incomes 13% below the TAS median of $73,944 and a population of 2,050 suggest gains will lag headline metro markets. Rental coverage runs at ~100% of the typical mortgage ($1,300/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 47/100 places Chigwell 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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Chigwell scores 47/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 2,050, median household income of $64,064/year and median weekly rent of $300. 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 Chigwell are proximity to Hobart (11 km), a median household income of $64,064/year, a dwelling mix that is 76% 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.
Chigwell has a usual resident population of approximately 2,050, 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.
Chigwell sits 11 km straight-line from the Hobart CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
The most recent census recorded a median weekly rent of $300 in Chigwell, equating to approximately $15,600/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 Chigwell is $1,300, or approximately $15,600/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 $300 works out to $1,300/month, covering 100% of the median mortgage repayment of $1,300/month. That means rent exceeds the median repayment by roughly $-0/month, so on these numbers Chigwell 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 (2,050 residents), interest-rate sensitivity on the $1,300 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.