Suburb overview
Claremont is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 8,397, making it a smaller community. Located approximately 13 km from the Hobart CBD, Claremont is a middle ring area in Tasmania. The median household income is $64,532 per year.
Location
Key indicators
Postcode
7011
Postcode for Claremont, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
8,397
Usual resident population at the most recent census.
Median weekly rent
$520/wk
Median weekly rent — as at May 2025 – Apr 2026, Department of Justice (Tasmania) rental bonds (CC BY 4.0).
Distance to CBD
13 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
$1,300/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
69% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why people like living in Claremont
- Middle-ring location about 13 km from Hobart — balance of commute and affordability.
- Established streets, local shops, and schools within the neighbourhood.
Who Claremont suits
Pros and cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Mortgage costs are lower than the Tasmania median, improving cash-flow margins.
- Established middle-ring position between the CBD and the urban fringe.
Cons
- Traffic can build during peak hours, especially on arterial roads.
- Prices may rise further as demand continues.
Investment insight
With 8,397 residents, Claremont is one of Tasmania's more populous suburbs — roughly 2.2× the state median of 3,902 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Household income of $64,532/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 rent of $520/week (as at May 2025 – Apr 2026, Department of Justice (Tasmania) rental bonds) equates to roughly $2,253/month — about 173% of the $1,300/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. 13 km from Hobart places Claremont in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
Investment tip
This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. At the 2021 Census, local rents consumed roughly 26% of household income — a dated but useful sanity check on tenant affordability.
Claremont vs Tasmania median
How Claremont stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Claremont sits above the state median; negative means below.
| Metric | Claremont | TAS median | Δ vs state |
|---|---|---|---|
| Population | 8,397 | 3,902 | +115% |
| Median household income | $64,532/yr | $73,944/yr | -13% |
| Median rent (weekly, 2021 Census) | $320 | $320 | 0% |
| Median mortgage (monthly, 2021 Census) | $1,300 | $1,378 | -6% |
| Distance to CBD | 13 km | 24 km | -46% |
| Separate houses | 69% | 80% | -11pp |
Investor checklist
Pre-inspection briefing for Claremont — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 8,397 residents — 215% of the TAS suburb median (3,902).
- Purchasing power: median household income $64,532/year (-13% vs Tasmania suburb median of $73,944).
- Cash-flow coverage (2021 Census): $320/week rent (≈ $1,387/month) covered ~107% of the $1,300/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 13 km straight-line from Hobart (state suburb median 24 km).
- Dwelling mix: 69% separate houses — mixed market (vs 80% state median).
- Rate stress-test: budget ~$130/month extra for a 1-percentage-point RBA rate rise on top of the $1,300/month median repayment.
- Tenant rent burden: 26% of the median household income is spent on rent — within normal range.
Investment strategy
Moderate buy-and-hold potential: Claremont's 8,397-person market and $64,532 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.
Strong rental coverage at the 2021 Census: $320/week (~$1,387/month) covered 107% of the $1,300/month median mortgage, a shortfall of just $0/month. Both rents and repayments have moved since 2021 — verify current figures, though this suburb has historically leaned cash-flow-friendly.
Only 69% of dwellings are separate houses (vs 80% TAS median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Risk factors
- Interest-rate sensitivity: the $1,300/month median mortgage in Claremont means a 1-percentage-point RBA rate rise could add roughly $130/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Claremont regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Claremont with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
Run the numbers on a Claremont property
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Start your journey near Claremont →2026 outlook
Capital-growth expectations for Claremont are modest for 2026 — incomes 13% below the TAS median of $73,944 suggest gains will lag headline metro markets. At the 2021 Census, rental coverage ran at ~107% of the typical mortgage ($1,387/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Claremont is balanced heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Tasmania median.
Frequently asked questions
Is Claremont a good suburb for investment?
Whether Claremont suits you depends on your strategy, but the fundamentals are concrete: a population of 8,397, a median household income of $64,532/year and median weekly rent of $320. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Claremont?
The main demand drivers in Claremont are proximity to Hobart (13 km), a median household income of $64,532/year, a dwelling mix that is 69% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Claremont?
Claremont has a usual resident population of approximately 8,397, compared with a Tasmania suburb median of 3,902 — placing it in the upper 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 Claremont from the Hobart CBD?
Claremont sits 13 km straight-line from the Hobart CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
What is the median rent in Claremont?
The median weekly rent in Claremont is $520 (as at May 2025 – Apr 2026, Department of Justice (Tasmania) rental bonds), equating to approximately $27,040/year in gross rental income. Confirm against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Claremont?
The median monthly mortgage repayment in Claremont 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.
Is Claremont cash-flow positive for investors?
A median weekly rent of $320 works out to $1,387/month, covering 107% of the median mortgage repayment of $1,300/month. That means rent exceeds the median repayment by roughly $87/month, so on these numbers Claremont 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.
What are the main risks of investing in Claremont?
The main risks are 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.
How we built this Claremont profile
The population figure on this page comes from the ABS 2021 Census. The postcode comes from a community postcode dataset cross-checked against Australia Post. The dwelling mix is from the ABS 2021 Census. The median household income is the ABS 2021 Census median weekly household income, annualised. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage figures are 2021 figures and are labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key indicators is a genuine recent figure from Department of Justice (Tasmania) rental bonds (May 2025 – Apr 2026), published under a Creative Commons licence and dated on the page. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.