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Suburb Insights · TAS 7315

Gunns Plains, TAS 7315 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Gunns Plains is a regional centre in Tasmania, Australia, with a population of approximately 195, making it a boutique locality. Located approximately 208 km from the Hobart CBD, Gunns Plains is a regional area in Tasmania. The median household income is $61,048 per year.

Investment Score

27 / 100 Weak

Lower income levels in Gunns Plains typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Hobart
Gunns Plains
Tasmania · 7315
208 km from Hobart CBD
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Key Indicators

Postcode
7315

Official Australia Post postcode for Gunns Plains. A postcode may cover multiple suburbs.

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Population
195

Usual resident population at the most recent census.

Median weekly rent
$225/wk

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

Median household income
$61,048/yr

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

Distance to CBD
208 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
$1,149/mo

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

Home type
68% houses

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

Investment Insight

Gunns Plains is a smaller community of 195 — about 5% 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 $61,048/year is 17% below the Tasmania median of $73,944, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $225/week (85% coverage of the $1,149/month median mortgage) leaves a gap of roughly $174/month that a typical investor bridges with negative gearing, depreciation and capital growth. Gunns Plains is 208 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Gunns Plains vs Tasmania Median

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

MetricGunns PlainsTAS medianΔ vs state
Population1953,902-95%
Median household income$61,048/yr$73,944/yr-17%
Median rent (weekly)$225$320-30%
Median mortgage (monthly)$1,149$1,378-17%
Distance to CBD208 km24 km+767%
Separate houses68%80%-12pp

Investor Checklist

Pre-inspection briefing for Gunns Plains — 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 195 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Strong rental coverage: $225/week (~$975/month) covers 85% of the $1,149/month median mortgage repayment, so the shortfall sits at just $174/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

Only 68% of dwellings are separate houses (vs 80% TAS median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Gunns Plains property

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30-year projections for Gunns Plains

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Gunns Plains are modest for 2026 — incomes 17% below the TAS median of $73,944 and a population of 195 suggest gains will lag headline metro markets. Rental coverage runs at ~85% of the typical mortgage ($975/month rent vs $1,149/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 27/100 places Gunns Plains 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 Gunns Plains a good suburb for investment?

Gunns Plains scores 27/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 195, median household income of $61,048/year and median weekly rent of $225. 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 Gunns Plains?

The main demand drivers in Gunns Plains are a median household income of $61,048/year, a dwelling mix that is 68% 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 Gunns Plains?

Gunns Plains has a usual resident population of approximately 195, 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 Gunns Plains from the Hobart CBD?

Gunns Plains sits 208 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 Gunns Plains?

The most recent census recorded a median weekly rent of $225 in Gunns Plains, equating to approximately $11,700/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 Gunns Plains?

The median monthly mortgage repayment in Gunns Plains is $1,149, or approximately $13,788/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 Gunns Plains cash-flow positive for investors?

A median weekly rent of $225 works out to $975/month, covering 85% of the median mortgage repayment of $1,149/month. That leaves a $174/month shortfall (around $2,088/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 Gunns Plains?

The main risks are a thin buyer pool (195 residents), interest-rate sensitivity on the $1,149 median mortgage, below-median household incomes ($61,048 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 Gunns Plains 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