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Suburb Insights ยท TAS 7030

Jericho 7030, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Jericho is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 51, making it a boutique locality. Located approximately 55 km from the Hobart CBD, Jericho is a middle ring area in Tasmania. The median household income is $67,184 AUD per year (ABS 2021 Census).

Investment Score

34 / 100 Weak

Jericho's income profile suggests a value-oriented market with competitive purchase prices. Greater distance from the CBD may temper short-term capital growth.

Location

Map shows Jericho, Tasmania, Australia.

Key Indicators

Postcode
7030

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

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Population
51

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

ABS Census Data โ†’
Median Rent (weekly)
$145/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
$67,184/yr

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

ABS Census Data โ†’
Distance to CBD
55 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)
$693/mo

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

ABS Census Data โ†’
Dwelling Type
85% 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

Jericho's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $145/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $693/month. 85% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Jericho could work well with careful property selection and a longer time horizon.

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Rental Yield

Achieving strong cash flow in Jericho is challenging at current rent-to-price ratios.

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Renovation / Flip

The resale market in Jericho may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Jericho property

Full Property Analysis

30-year projections for Jericho

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

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Jericho faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental market in Jericho should see steady occupancy, with moderate upward pressure on rents. Investor sentiment toward Jericho is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Jericho a good suburb for investment?

Jericho is a middle ring area in Tasmania with a population of 51. The median rent is $145/week and the median household income is $67,184/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 Jericho?

Key demand drivers in Jericho include established amenities and transport access. 85% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Jericho?

According to the ABS 2021 Census, Jericho has a population of approximately 51. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Jericho from the Hobart CBD?

Jericho is approximately 55 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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