Free full calculator →
Suburb Insights · TAS 7030

Dromedary, TAS 7030 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

Investment Score

56 / 100 Moderate

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

Location

Hobart
Dromedary
Tasmania · 7030
23 km from Hobart CBD
View on Google Maps ↗

Key Indicators

Postcode
7030

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

Australia Post Postcode Finder →
Population
856

Usual resident population at the most recent census.

Median weekly rent
$350/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$92,872/yr

Annual median household income (before tax) across all households.

Distance to CBD
23 km

Straight-line distance from the suburb centroid 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.

Find schools near Dromedary on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,454/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
94% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Dromedary is a smaller community of 856 — about 22% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $92,872/year runs 26% above the Tasmania suburb median of $73,944, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $350 equates to $1,517/month — about 104% of the median mortgage repayment of $1,454/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 23 km from Hobart places Dromedary in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Dromedary vs Tasmania Median

How Dromedary stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Dromedary sits above the state median; negative means below.

MetricDromedaryTAS medianΔ vs state
Population8563,902-78%
Median household income$92,872/yr$73,944/yr+26%
Median rent (weekly)$350$320+9%
Median mortgage (monthly)$1,454$1,378+6%
Distance to CBD23 km24 km-4%
Separate houses94%80%+14pp

Investor Checklist

Pre-inspection briefing for Dromedary — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 26% above the Tasmania suburb median ($92,872 vs $73,944), and the 23 km CBD distance keeps this suburb in the primary demand zone. In Tasmania, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

Rental Yield

Strong rental coverage: $350/week (~$1,517/month) covers 104% of the $1,454/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 94% houses in a 856-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Dromedary property

Full Property Analysis

30-year projections for Dromedary

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

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Moderate

Dromedary enters 2026 with a demographic tailwind — household incomes 26% above the Tasmania suburb median of $73,944 and a population of 856 give it the depth and purchasing power to outperform the wider TAS market over the next 12–18 months. Rental coverage runs at ~104% of the typical mortgage ($1,517/month rent vs $1,454/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 56/100 places Dromedary in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

Share your experience of Dromedary

Lived in Dromedary? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Dromedary a good suburb for investment?

Dromedary scores 56/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 856, median household income of $92,872/year and median weekly rent of $350. 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.

What drives property demand in Dromedary?

The main demand drivers in Dromedary are proximity to Hobart (23 km), an above-state-median household income of $92,872/year, a dwelling mix that is 94% 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.

What is the population of Dromedary?

Dromedary has a usual resident population of approximately 856, 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.

How far is Dromedary from the Hobart CBD?

Dromedary sits 23 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 Dromedary?

The most recent census recorded a median weekly rent of $350 in Dromedary, equating to approximately $18,200/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.

What is the typical mortgage repayment in Dromedary?

The median monthly mortgage repayment in Dromedary is $1,454, or approximately $17,448/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 Dromedary cash-flow positive for investors?

A median weekly rent of $350 works out to $1,517/month, covering 104% of the median mortgage repayment of $1,454/month. That means rent exceeds the median repayment by roughly $63/month, so on these numbers Dromedary 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 Dromedary?

The main risks are a thin buyer pool (856 residents), interest-rate sensitivity on the $1,454 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 Dromedary profile

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.

Nearby Suburbs

Tasmania Property Resources