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Suburb Insights · TAS 7260

Forester, TAS 7260 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Forester is a regional centre in Tasmania, Australia, with a population of approximately 11, making it a boutique locality. Located approximately 205 km from the Hobart CBD, Forester is a regional area in Tasmania. The median household income is $68,224 per year.

Investment Score

30 / 100 Weak

Lower income levels in Forester typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Hobart
Forester
Tasmania · 7260
205 km from Hobart CBD
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Key Indicators

Postcode
7260

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

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Population
11

Usual resident population at the most recent census.

Median weekly rent
$180/wk

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

Median household income
$68,224/yr

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

Distance to CBD
205 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
N/A

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

Home type
N/A

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

Investment Insight

Forester is a smaller community of 11 — about 0% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $68,224/year is 8% below the Tasmania median of $73,944, typically translating into lower entry prices and a tenant base more sensitive to rent increases. The median weekly rent of $180 translates to approximately $9,360/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. Forester is 205 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Forester vs Tasmania Median

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

MetricForesterTAS medianΔ vs state
Population113,902-100%
Median household income$68,224/yr$73,944/yr-8%
Median rent (weekly)$180$320-44%
Distance to CBD205 km24 km+754%

Investor Checklist

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

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 11 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

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Rental Yield

Gross rent of $180/week (~$9,360/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

Renovation / Flip

With a population of 11, the resale market in Forester may not reliably reward cosmetic renovations — a longer hold is typically a better strategy at this scale, letting land-value appreciation do the work instead.

Risk Factors

Run the numbers on a Forester property

Full Property Analysis

30-year projections for Forester

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Forester are modest for 2026 — incomes 8% below the TAS median of $73,944 and a population of 11 suggest gains will lag headline metro markets. Rents sit around $180/week, setting the baseline gross rental income at roughly $9,360/year — refine this against current listings before running your numbers. The EquitySight investment score of 30/100 places Forester in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Forester a good suburb for investment?

Forester scores 30/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 11, median household income of $68,224/year and median weekly rent of $180. 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 Forester?

The main demand drivers in Forester are a median household income of $68,224/year, 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 Forester?

Forester has a usual resident population of approximately 11, 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 Forester from the Hobart CBD?

Forester sits 205 km straight-line from the Hobart CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Forester?

The most recent census recorded a median weekly rent of $180 in Forester, equating to approximately $9,360/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 Forester?

A reliable median mortgage figure was not captured for Forester. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Forester cash-flow positive for investors?

Census data was not complete enough in Forester to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Forester?

The main risks are a thin buyer pool (11 residents), interest-rate sensitivity, 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 Forester 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