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Suburb Insights · TAS 7018

Howrah, TAS 7018 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Howrah is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 9,545, making it a smaller community. Located approximately 7 km from the Hobart CBD, Howrah is a middle ring area in Tasmania. The median household income is $87,880 per year.

Investment Score

70 / 100 Good

Howrah has a solid income profile that supports reliable occupancy rates. Its proximity to the CBD adds a strong location premium.

Location

Hobart
Howrah
Tasmania · 7018
7 km from Hobart CBD
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Key Indicators

Postcode
7018

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

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Population
9,545

Usual resident population at the most recent census.

Median weekly rent
$400/wk

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

Median household income
$87,880/yr

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

Distance to CBD
7 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb.

Median monthly mortgage
$1,690/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.

Why People Like Living in Howrah

Who Howrah Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the Tasmania median — stretch goal.
💼ProfessionalsAround 7 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Local parks and reserves (around 4) add to liveability.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Median mortgage sits above the Tasmania state median — entry costs are stretched.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

With 9,545 residents, Howrah is one of Tasmania's more populous suburbs — roughly 2.4× the state median of 3,902 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Median household income of $87,880/year runs 19% 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 $400 equates to $1,733/month — about 103% of the median mortgage repayment of $1,690/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 7 km from the Hobart CBD, Howrah sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.

Investment Tip

This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 24% of household income — a useful sanity check on tenant affordability.

Howrah vs Tasmania Median

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

MetricHowrahTAS medianΔ vs state
Population9,5453,902+145%
Median household income$87,880/yr$73,944/yr+19%
Median rent (weekly)$400$320+25%
Median mortgage (monthly)$1,690$1,378+23%
Distance to CBD7 km24 km-71%
Separate houses90%80%+10pp

Investor Checklist

Pre-inspection briefing for Howrah — 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 19% above the Tasmania suburb median ($87,880 vs $73,944), and the 7 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: $400/week (~$1,733/month) covers 103% of the $1,690/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

A dwelling mix skewed to houses (90% vs 80% TAS median) combined with a population of 9,545 creates a deeper market for value-add renovations — older stock, separate titles and stronger buyer competition are the usual pattern here.

Risk Factors

Run the numbers on a Howrah property

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30-year projections for Howrah

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Howrah enters 2026 with a demographic tailwind — household incomes 19% above the Tasmania suburb median of $73,944 and a population of 9,545 give it the depth and purchasing power to outperform the wider TAS market over the next 12–18 months. Rental coverage runs at ~103% of the typical mortgage ($1,733/month rent vs $1,690/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 70/100 places Howrah in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Howrah a good suburb for investment?

Howrah scores 70/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 9,545, median household income of $87,880/year and median weekly rent of $400. 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 Howrah?

The main demand drivers in Howrah are proximity to Hobart (7 km), an above-state-median household income of $87,880/year, a dwelling mix that is 90% separate houses, roughly 2 schools and 4 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 Howrah?

Howrah has a usual resident population of approximately 9,545, compared with a Tasmania suburb median of 3,902 — placing it in the upper 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 Howrah from the Hobart CBD?

Howrah sits 7 km straight-line from the Hobart CBD. This is inner-ring territory — pricing competes directly with established Hobart employment nodes.

What is the median rent in Howrah?

The most recent census recorded a median weekly rent of $400 in Howrah, equating to approximately $20,800/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 Howrah?

The median monthly mortgage repayment in Howrah is $1,690, or approximately $20,280/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 Howrah cash-flow positive for investors?

A median weekly rent of $400 works out to $1,733/month, covering 103% of the median mortgage repayment of $1,690/month. That means rent exceeds the median repayment by roughly $43/month, so on these numbers Howrah 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 Howrah?

The main risks are interest-rate sensitivity on the $1,690 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 Howrah 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