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Suburb Insights ยท TAS 7030

Elderslie 7030, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Elderslie is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 168, making it a boutique locality. Located approximately 38 km from the Hobart CBD, Elderslie is a middle ring area in Tasmania. The median household income is $65,832 AUD per year (ABS 2021 Census).

Investment Score

42 / 100 Moderate

Household earnings in Elderslie are below the state average, which may affect long-term capital growth. Greater distance from the CBD may temper short-term capital growth.

Location

Map shows Elderslie, Tasmania, Australia.

Key Indicators

Postcode
7030

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

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Population
168

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

ABS Census Data โ†’
Median Rent (weekly)
$216/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
$65,832/yr

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

ABS Census Data โ†’
Distance to CBD
38 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)
$1,105/mo

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

ABS Census Data โ†’
Dwelling Type
79% 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

Elderslie'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 $216/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,105/month. 79% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Elderslie could work well with careful property selection and a longer time horizon.

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Rental Yield

Elderslie's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Renovation or flip strategies in Elderslie face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Elderslie property

Full Property Analysis

30-year projections for Elderslie

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Price movement in Elderslie is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment toward Elderslie is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Elderslie a good suburb for investment?

Elderslie is a middle ring area in Tasmania with a population of 168. The median rent is $216/week and the median household income is $65,832/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 Elderslie?

Key demand drivers in Elderslie include established amenities and transport access. 79% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Elderslie?

According to the ABS 2021 Census, Elderslie has a population of approximately 168. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Elderslie from the Hobart CBD?

Elderslie is approximately 38 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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