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Suburb Insights ยท TAS 7120

Lemont 7120, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Lemont is a regional centre in Tasmania, Australia, with a population of approximately 26, making it a boutique locality. Located approximately 71 km from the Hobart CBD, Lemont is a regional area in Tasmania. The median household income is $94,224 AUD per year (ABS 2021 Census).

Investment Score

42 / 100 Moderate

Strong household incomes in Lemont underpin solid property demand. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Lemont, Tasmania, Australia.

Key Indicators

Postcode
7120

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

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Population
26

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

ABS Census Data โ†’
Median Rent (weekly)
$100/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
$94,224/yr

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

ABS Census Data โ†’
Distance to CBD
71 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)
N/A

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

ABS Census Data โ†’
Dwelling Type
50% 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

As a regional centre, Lemont serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $100/week (ABS 2021) indicates an affordable rental market. The median household income of $94,224/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Lemont's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Lemont property

Full Property Analysis

30-year projections for Lemont

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: Low Investor Sentiment: Low

Price movement in Lemont is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Lemont is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Lemont a good suburb for investment?

Lemont is a regional area in Tasmania with a population of 26. The median rent is $100/week and the median household income is $94,224/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 Lemont?

Key demand drivers in Lemont include regional employment hubs, lifestyle, and affordability. 50% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Lemont?

According to the ABS 2021 Census, Lemont has a population of approximately 26. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Lemont from the Hobart CBD?

Lemont is approximately 71 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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