ABS 2021 Census · Updated 31 March 2026
Forest is a regional centre in Tasmania, Australia, with a population of approximately 464, making it a boutique locality. Located approximately 284 km from the Hobart CBD, Forest is a regional area in Tasmania. The median household income is $68,692 AUD per year (ABS 2021 Census).
Forest's income profile suggests a value-oriented market with competitive purchase prices. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Map shows Forest, Tasmania, Australia.
Official Australia Post postcode for Forest. 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 Forest 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 →As a regional centre, Forest 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 $225/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,060/month. 86% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Forest offers moderate buy-and-hold potential — look for properties with value-add opportunities.
Achieving strong cash flow in Forest is challenging at current rent-to-price ratios.
Renovation or flip strategies in Forest face headwinds from a smaller buyer pool and slower turnover.
Run the numbers on a Forest property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Forest faces a cautious growth outlook for 2026 — investors should focus on yield rather than short-term gains. Landlords in Forest may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.
Forest is a regional area in Tasmania with a population of 464. The median rent is $225/week and the median household income is $68,692/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 Forest include regional employment hubs, lifestyle, and affordability. 86% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Forest has a population of approximately 464. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Forest is approximately 284 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant — local amenities and employment are important investment considerations.