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Suburb Insights ยท TAS 7112

Garden Island Creek 7112, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Garden Island Creek is a regional centre in Tasmania, Australia, with a population of approximately 282, making it a boutique locality. Located approximately 40 km from the Hobart CBD, Garden Island Creek is a regional area in Tasmania. The median household income is $53,872 AUD per year (ABS 2021 Census).

Investment Score

31 / 100 Weak

Garden Island Creek'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.

Location

Map shows Garden Island Creek, Tasmania, Australia.

Key Indicators

Postcode
7112

Official Australia Post postcode for Garden Island Creek. A postcode may cover multiple suburbs.

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Population
282

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

ABS Census Data โ†’
Median Rent (weekly)
$300/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
$53,872/yr

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

ABS Census Data โ†’
Distance to CBD
40 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)
$1,127/mo

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

ABS Census Data โ†’
Dwelling Type
77% 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

As a regional centre, Garden Island Creek 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 $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,127/month. 77% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Buy-and-hold in Garden Island Creek carries higher risk due to limited demand drivers and slower growth fundamentals.

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Rental Yield

Garden Island Creek can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Garden Island Creek property

Full Property Analysis

30-year projections for Garden Island Creek

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Garden Island Creek faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Landlords in Garden Island Creek may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Garden Island Creek a good suburb for investment?

Garden Island Creek is a regional area in Tasmania with a population of 282. The median rent is $300/week and the median household income is $53,872/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 Garden Island Creek?

Key demand drivers in Garden Island Creek include regional employment hubs, lifestyle, and affordability. 77% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Garden Island Creek?

According to the ABS 2021 Census, Garden Island Creek has a population of approximately 282. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Garden Island Creek from the Hobart CBD?

Garden Island Creek is approximately 40 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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