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Suburb Insights · TAS 7255

Leeka, TAS 7255 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Leeka is a regional centre in Tasmania, Australia, with a population of approximately 13, making it a boutique locality. Located approximately 335 km from the Hobart CBD, Leeka is a regional area in Tasmania. The median household income is $37,700 per year.

Investment Score

26 / 100 Weak

Household earnings in Leeka are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Hobart
Leeka
Tasmania · 7255
335 km from Hobart CBD
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Key Indicators

Postcode
7255

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

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Population
13

Usual resident population at the most recent census.

Median weekly rent
$138/wk

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

Median household income
$37,700/yr

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

Distance to CBD
335 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
N/A

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

Home type
61% houses

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

Investment Insight

Leeka is a smaller community of 13 — about 0% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Leeka's median household income of $37,700/year is 49% 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. The median weekly rent of $138 translates to approximately $7,176/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. Leeka is 335 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 61% 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.

Leeka vs Tasmania Median

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

MetricLeekaTAS medianΔ vs state
Population133,902-100%
Median household income$37,700/yr$73,944/yr-49%
Median rent (weekly)$138$320-57%
Distance to CBD335 km24 km+1296%
Separate houses61%80%-19pp

Investor Checklist

Pre-inspection briefing for Leeka — 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 13 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

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Rental Yield

Gross rent of $138/week (~$7,176/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

Renovation / Flip

Only 61% 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 Leeka

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Leeka are modest for 2026 — incomes 49% below the TAS median of $73,944 and a population of 13 suggest gains will lag headline metro markets. Rents sit around $138/week, setting the baseline gross rental income at roughly $7,176/year — refine this against current listings before running your numbers. The EquitySight investment score of 26/100 places Leeka 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 Leeka a good suburb for investment?

Leeka scores 26/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 13, median household income of $37,700/year and median weekly rent of $138. 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 Leeka?

The main demand drivers in Leeka are a median household income of $37,700/year, a dwelling mix that is 61% 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 Leeka?

Leeka has a usual resident population of approximately 13, 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 Leeka from the Hobart CBD?

Leeka sits 335 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 Leeka?

The most recent census recorded a median weekly rent of $138 in Leeka, equating to approximately $7,176/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 Leeka?

A reliable median mortgage figure was not captured for Leeka. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Leeka cash-flow positive for investors?

Census data was not complete enough in Leeka to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Leeka?

The main risks are a thin buyer pool (13 residents), interest-rate sensitivity, below-median household incomes ($37,700 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 Leeka 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