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ABS 2021 Census · Updated 21 May 2026
Leslie Vale is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 392, making it a boutique locality. Located approximately 13 km from the Hobart CBD, Leslie Vale is a middle ring area in Tasmania. The median household income is $122,980 per year.
Above-average earnings in Leslie Vale support sustained property values. The short commute to the city centre is a key demand driver.
Official Australia Post postcode for Leslie Vale. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Leslie Vale on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Leslie Vale is a smaller community of 392 — about 10% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $122,980/year runs 66% 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. Rent of $340/week (74% coverage of the $2,000/month median mortgage) leaves a gap of roughly $527/month that a typical investor bridges with negative gearing, depreciation and capital growth. 13 km from Hobart places Leslie Vale in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
How Leslie Vale stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Leslie Vale sits above the state median; negative means below.
| Metric | Leslie Vale | TAS median | Δ vs state |
|---|---|---|---|
| Population | 392 | 3,902 | -90% |
| Median household income | $122,980/yr | $73,944/yr | +66% |
| Median rent (weekly) | $340 | $320 | +6% |
| Median mortgage (monthly) | $2,000 | $1,378 | +45% |
| Distance to CBD | 13 km | 24 km | -46% |
| Separate houses | 90% | 80% | +10pp |
Pre-inspection briefing for Leslie Vale — every item is derived from public datasets, with full citations in our data sources page.
Strong buy-and-hold fundamentals: household incomes run 66% above the Tasmania suburb median ($122,980 vs $73,944), and the 13 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.
Moderate rental coverage: rent of $340/week covers 74% of a $2,000/month mortgage, leaving a $527/month gap that an investor bridges with equity, depreciation and tax benefits.
With 90% houses in a 392-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Leslie Vale property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Leslie Vale enters 2026 with a demographic tailwind — household incomes 66% above the Tasmania suburb median of $73,944 and a population of 392 give it the depth and purchasing power to outperform the wider TAS market over the next 12–18 months. Rental coverage runs at ~74% of the typical mortgage ($1,473/month rent vs $2,000/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 71/100 places Leslie Vale 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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Leslie Vale scores 71/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 392, median household income of $122,980/year and median weekly rent of $340. 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.
The main demand drivers in Leslie Vale are proximity to Hobart (13 km), an above-state-median household income of $122,980/year, a dwelling mix that is 90% 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.
Leslie Vale has a usual resident population of approximately 392, 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.
Leslie Vale sits 13 km straight-line from the Hobart CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
The most recent census recorded a median weekly rent of $340 in Leslie Vale, equating to approximately $17,680/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.
The median monthly mortgage repayment in Leslie Vale is $2,000, or approximately $24,000/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.
A median weekly rent of $340 works out to $1,473/month, covering 74% of the median mortgage repayment of $2,000/month. That leaves a $527/month shortfall (around $6,324/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.
The main risks are a thin buyer pool (392 residents), interest-rate sensitivity on the $2,000 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.
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.