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Suburb Insights · TAS 7012

Glenlusk, TAS 7012 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Glenlusk is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 205, making it a boutique locality. Located approximately 13 km from the Hobart CBD, Glenlusk is a middle ring area in Tasmania. The median household income is $106,184 per year.

Investment Score

67 / 100 Good

Glenlusk benefits from a high-income resident base, supporting premium property pricing. The short commute to the city centre is a key demand driver.

Location

Hobart
Glenlusk
Tasmania · 7012
13 km from Hobart CBD
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Key Indicators

Postcode
7012

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

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Population
205

Usual resident population at the most recent census.

Median weekly rent
$325/wk

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

Median household income
$106,184/yr

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

Distance to CBD
13 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
$1,300/mo

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

Home type
90% houses

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

Investment Insight

Glenlusk is a smaller community of 205 — about 5% 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 $106,184/year runs 44% 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 $325 equates to $1,408/month — about 108% of the median mortgage repayment of $1,300/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 13 km from Hobart places Glenlusk in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Glenlusk vs Tasmania Median

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

MetricGlenluskTAS medianΔ vs state
Population2053,902-95%
Median household income$106,184/yr$73,944/yr+44%
Median rent (weekly)$325$320+2%
Median mortgage (monthly)$1,300$1,378-6%
Distance to CBD13 km24 km-46%
Separate houses90%80%+10pp

Investor Checklist

Pre-inspection briefing for Glenlusk — 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 44% above the Tasmania suburb median ($106,184 vs $73,944), and the 13 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: $325/week (~$1,408/month) covers 108% of the $1,300/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 90% houses in a 205-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 Glenlusk property

Full Property Analysis

30-year projections for Glenlusk

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2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Moderate

Glenlusk enters 2026 with a demographic tailwind — household incomes 44% above the Tasmania suburb median of $73,944 and a population of 205 give it the depth and purchasing power to outperform the wider TAS market over the next 12–18 months. Rental coverage runs at ~108% of the typical mortgage ($1,408/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 67/100 places Glenlusk in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Glenlusk a good suburb for investment?

Glenlusk scores 67/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 205, median household income of $106,184/year and median weekly rent of $325. 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 Glenlusk?

The main demand drivers in Glenlusk are proximity to Hobart (13 km), an above-state-median household income of $106,184/year, a dwelling mix that is 90% 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 Glenlusk?

Glenlusk has a usual resident population of approximately 205, 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 Glenlusk from the Hobart CBD?

Glenlusk sits 13 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 Glenlusk?

The most recent census recorded a median weekly rent of $325 in Glenlusk, equating to approximately $16,900/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 Glenlusk?

The median monthly mortgage repayment in Glenlusk is $1,300, or approximately $15,600/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 Glenlusk cash-flow positive for investors?

A median weekly rent of $325 works out to $1,408/month, covering 108% of the median mortgage repayment of $1,300/month. That means rent exceeds the median repayment by roughly $108/month, so on these numbers Glenlusk 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 Glenlusk?

The main risks are a thin buyer pool (205 residents), interest-rate sensitivity on the $1,300 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 Glenlusk 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