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Suburb Insights ยท TAS 7112

Deep Bay 7112, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Deep Bay is a regional centre in Tasmania, Australia, with a population of approximately 267, making it a boutique locality. Located approximately 40 km from the Hobart CBD, Deep Bay is a regional area in Tasmania. The median household income is $50,492 AUD per year (ABS 2021 Census).

Investment Score

31 / 100 Weak

Deep Bay's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Deep Bay, Tasmania, Australia.

Key Indicators

Postcode
7112

Official Australia Post postcode for Deep Bay. A postcode may cover multiple suburbs.

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Population
267

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

ABS Census Data โ†’
Median Rent (weekly)
$270/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$50,492/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
40 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)
$800/mo

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

ABS Census Data โ†’
Dwelling Type
75% 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, Deep Bay 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 $270/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $800/month. 75% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Deep Bay requires careful assessment of local economic resilience.

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Rental Yield

Achieving strong cash flow in Deep Bay is challenging at current rent-to-price ratios.

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Renovation / Flip

The resale market in Deep Bay may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Deep Bay property

Full Property Analysis

30-year projections for Deep Bay

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Deep Bay faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Deep Bay 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 Deep Bay a good suburb for investment?

Deep Bay is a regional area in Tasmania with a population of 267. The median rent is $270/week and the median household income is $50,492/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 Deep Bay?

Key demand drivers in Deep Bay include regional employment hubs, lifestyle, and affordability. 75% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Deep Bay?

According to the ABS 2021 Census, Deep Bay has a population of approximately 267. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Deep Bay from the Hobart CBD?

Deep Bay is approximately 40 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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