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Suburb Insights · TAS 7315

Loongana, TAS 7315 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Loongana is a regional centre in Tasmania, Australia, with a population of approximately 16, making it a boutique locality. Located approximately 201 km from the Hobart CBD, Loongana is a regional area in Tasmania. The median household income is $46,800 per year.

Investment Score

23 / 100 Weak

Lower income levels in Loongana typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Hobart
Loongana
Tasmania · 7315
201 km from Hobart CBD
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Key Indicators

Postcode
7315

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

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Population
16

Usual resident population at the most recent census.

Median weekly rent
N/A

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

Median household income
$46,800/yr

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

Distance to CBD
201 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
60% houses

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

Investment Insight

Loongana is a smaller community of 16 — about 0% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Loongana's median household income of $46,800/year is 37% 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. Loongana is 201 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 60% 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.

Loongana vs Tasmania Median

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

MetricLoonganaTAS medianΔ vs state
Population163,902-100%
Median household income$46,800/yr$73,944/yr-37%
Distance to CBD201 km24 km+738%
Separate houses60%80%-20pp

Investor Checklist

Pre-inspection briefing for Loongana — 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 16 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

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Rental Yield

Median rental data was not captured for Loongana. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.

Renovation / Flip

Only 60% 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

Run the numbers on a Loongana property

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30-year projections for Loongana

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Loongana are modest for 2026 — incomes 37% below the TAS median of $73,944 and a population of 16 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Loongana. The EquitySight investment score of 23/100 places Loongana 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 Loongana a good suburb for investment?

Loongana scores 23/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 16, median household income of $46,800/year. 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 Loongana?

The main demand drivers in Loongana are a median household income of $46,800/year, a dwelling mix that is 60% 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 Loongana?

Loongana has a usual resident population of approximately 16, 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 Loongana from the Hobart CBD?

Loongana sits 201 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 Loongana?

A reliable median rent was not captured for Loongana. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.

What is the typical mortgage repayment in Loongana?

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

Is Loongana cash-flow positive for investors?

Census data was not complete enough in Loongana 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 Loongana?

The main risks are a thin buyer pool (16 residents), interest-rate sensitivity, below-median household incomes ($46,800 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 Loongana 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