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Suburb Insights · TAS 7187

Koonya, TAS 7187 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Koonya is a coastal suburb in Tasmania, Australia, with a population of approximately 138, making it a boutique locality. Located approximately 46 km from the Hobart CBD, Koonya is a coastal area in Tasmania. The median household income is $52,520 per year.

Investment Score

35 / 100 Weak

Koonya's income profile suggests a value-oriented market with competitive purchase prices. The coastal setting provides a lifestyle factor that underpins property values.

Location

Hobart
Koonya
Tasmania · 7187
46 km from Hobart CBD
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Key Indicators

Postcode
7187

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

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Population
138

Usual resident population at the most recent census.

Median weekly rent
$115/wk

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

Median household income
$52,520/yr

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

Distance to CBD
46 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
$1,183/mo

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

Home type
65% houses

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

Investment Insight

Koonya is a smaller community of 138 — about 4% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Koonya's median household income of $52,520/year is 29% 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. Weekly rent of $115 covers just 42% of the median $1,183/month mortgage repayment, leaving a $685/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. At 46 km from Hobart, Koonya is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price. Only 65% of dwellings are separate houses (vs 80% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Koonya vs Tasmania Median

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

MetricKoonyaTAS medianΔ vs state
Population1383,902-96%
Median household income$52,520/yr$73,944/yr-29%
Median rent (weekly)$115$320-64%
Median mortgage (monthly)$1,183$1,378-14%
Distance to CBD46 km24 km+92%
Separate houses65%80%-15pp

Investor Checklist

Pre-inspection briefing for Koonya — 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 138 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Weak cash flow: $115/week rent covers only 42% of the $1,183/month median mortgage — a $685/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

Renovation / Flip

Only 65% 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

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30-year projections for Koonya

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Koonya are modest for 2026 — incomes 29% below the TAS median of $73,944 and a population of 138 suggest gains will lag headline metro markets. Rental coverage runs at ~42% of the typical mortgage ($498/month rent vs $1,183/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 35/100 places Koonya 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 Koonya a good suburb for investment?

Koonya scores 35/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 138, median household income of $52,520/year and median weekly rent of $115. 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 Koonya?

The main demand drivers in Koonya are a median household income of $52,520/year, a dwelling mix that is 65% 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 Koonya?

Koonya has a usual resident population of approximately 138, 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 Koonya from the Hobart CBD?

Koonya sits 46 km straight-line from the Hobart CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Koonya?

The most recent census recorded a median weekly rent of $115 in Koonya, equating to approximately $5,980/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 Koonya?

The median monthly mortgage repayment in Koonya is $1,183, or approximately $14,196/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 Koonya cash-flow positive for investors?

A median weekly rent of $115 works out to $498/month, covering 42% of the median mortgage repayment of $1,183/month. That leaves a $685/month shortfall (around $8,220/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 Koonya?

The main risks are a thin buyer pool (138 residents), interest-rate sensitivity on the $1,183 median mortgage, below-median household incomes ($52,520 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 Koonya 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