ABS 2021 Census · Updated 31 March 2026
Derwent Park is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 872, making it a boutique locality. Located approximately 6 km from the Hobart CBD, Derwent Park is a middle ring area in Tasmania. The median household income is $61,880 AUD per year (ABS 2021 Census).
Lower income levels in Derwent Park typically translate to more affordable entry points for investors. Close CBD access strengthens tenant appeal and resale value.
Map shows Derwent Park, Tasmania, Australia.
Official Australia Post postcode for Derwent Park. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Derwent Park on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →Derwent Park's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links — making them attractive to families and long-term tenants. The median rent of $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,083/month. 82% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
A buy-and-hold approach in Derwent Park could work well with careful property selection and a longer time horizon.
Rental yields in Derwent Park are moderate — screen for properties that offer above-average returns.
Renovation or flip strategies in Derwent Park face headwinds from a smaller buyer pool and slower turnover.
Run the numbers on a Derwent Park property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital growth in Derwent Park may remain subdued in 2026, with limited demand drivers in the near term. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Derwent Park is not a headline market, but contrarian investors may see long-term potential.
Derwent Park is a middle ring area in Tasmania with a population of 872. The median rent is $350/week and the median household income is $61,880/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Derwent Park include established amenities and transport access. 82% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Derwent Park has a population of approximately 872. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Derwent Park is approximately 6 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.