Free full calculator →
Suburb Insights · TAS 7304

Golden Valley, TAS 7304 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Golden Valley is a regional centre in Tasmania, Australia, with a population of approximately 226, making it a boutique locality. Located approximately 146 km from the Hobart CBD, Golden Valley is a regional area in Tasmania. The median household income is $47,424 per year.

Investment Score

23 / 100 Weak

Golden Valley's income profile suggests a value-oriented market with competitive purchase prices. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Hobart
Golden Valley
Tasmania · 7304
146 km from Hobart CBD
View on Google Maps ↗

Key Indicators

Postcode
7304

Official Australia Post postcode for Golden Valley. A postcode may cover multiple suburbs.

Australia Post Postcode Finder →
Population
226

Usual resident population at the most recent census.

Median weekly rent
$176/wk

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

Median household income
$47,424/yr

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

Distance to CBD
146 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.

Find schools near Golden Valley on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,083/mo

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

Home type
76% houses

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

Investment Insight

Golden Valley is a smaller community of 226 — about 6% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Golden Valley's median household income of $47,424/year is 36% below the Tasmania suburb median ($73,944) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Rent of $176/week (70% coverage of the $1,083/month median mortgage) leaves a gap of roughly $320/month that a typical investor bridges with negative gearing, depreciation and capital growth. Golden Valley is 146 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Golden Valley vs Tasmania Median

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

MetricGolden ValleyTAS medianΔ vs state
Population2263,902-94%
Median household income$47,424/yr$73,944/yr-36%
Median rent (weekly)$176$320-45%
Median mortgage (monthly)$1,083$1,378-21%
Distance to CBD146 km24 km+508%
Separate houses76%80%-4pp

Investor Checklist

Pre-inspection briefing for Golden Valley — 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 226 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

⚠️
Rental Yield

Moderate rental coverage: rent of $176/week covers 70% of a $1,083/month mortgage, leaving a $320/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 76% houses in a 226-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 Golden Valley property

Full Property Analysis

30-year projections for Golden Valley

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Golden Valley are modest for 2026 — incomes 36% below the TAS median of $73,944 and a population of 226 suggest gains will lag headline metro markets. Rental coverage runs at ~70% of the typical mortgage ($763/month rent vs $1,083/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 23/100 places Golden Valley in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

Share your experience of Golden Valley

Lived in Golden Valley? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Golden Valley a good suburb for investment?

Golden Valley scores 23/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 226, median household income of $47,424/year and median weekly rent of $176. 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 Golden Valley?

The main demand drivers in Golden Valley are a median household income of $47,424/year, a dwelling mix that is 76% 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 Golden Valley?

Golden Valley has a usual resident population of approximately 226, 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 Golden Valley from the Hobart CBD?

Golden Valley sits 146 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 Golden Valley?

The most recent census recorded a median weekly rent of $176 in Golden Valley, equating to approximately $9,152/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 Golden Valley?

The median monthly mortgage repayment in Golden Valley is $1,083, or approximately $12,996/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 Golden Valley cash-flow positive for investors?

A median weekly rent of $176 works out to $763/month, covering 70% of the median mortgage repayment of $1,083/month. That leaves a $320/month shortfall (around $3,840/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. 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 Golden Valley?

The main risks are a thin buyer pool (226 residents), interest-rate sensitivity on the $1,083 median mortgage, below-median household incomes ($47,424 vs $73,944 state median), 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 Golden Valley 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