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Suburb Insights ยท TAS 7030

Dromedary 7030, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Dromedary is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 856, making it a boutique locality. Located approximately 23 km from the Hobart CBD, Dromedary is a middle ring area in Tasmania. The median household income is $92,872 AUD per year (ABS 2021 Census).

Investment Score

56 / 100 Moderate

Dromedary benefits from a high-income resident base, supporting premium property pricing.

Location

Map shows Dromedary, Tasmania, Australia.

Key Indicators

Postcode
7030

Official Australia Post postcode for Dromedary. A postcode may cover multiple suburbs.

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Population
856

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

ABS Census Data โ†’
Median Rent (weekly)
$350/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
$92,872/yr

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

ABS Census Data โ†’
Distance to CBD
23 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)
$1,454/mo

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

ABS Census Data โ†’
Dwelling Type
94% 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

Dromedary's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” 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 $1,454/month. The median household income of $92,872/year reflects a solid demographic, supporting sustainable rental demand. 94% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Dromedary is a natural candidate for patient investors.

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Rental Yield

Expect competitive but not exceptional rental returns in Dromedary's current market.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Dromedary

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

Dromedary is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. The rental market in Dromedary should see steady occupancy, with moderate upward pressure on rents. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Dromedary a good suburb for investment?

Dromedary is a middle ring area in Tasmania with a population of 856. The median rent is $350/week and the median household income is $92,872/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 Dromedary?

Key demand drivers in Dromedary include established amenities and transport access. 94% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Dromedary?

According to the ABS 2021 Census, Dromedary has a population of approximately 856. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Dromedary from the Hobart CBD?

Dromedary is approximately 23 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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