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Suburb Insights ยท TAS 7256

Loorana 7256, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Loorana is a regional centre in Tasmania, Australia, with a population of approximately 140, making it a boutique locality. Located approximately 440 km from the Hobart CBD, Loorana is a regional area in Tasmania. The median household income is $82,316 AUD per year (ABS 2021 Census).

Investment Score

38 / 100 Weak

Moderate income levels in Loorana indicate steady rental demand from working households. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Loorana, Tasmania, Australia.

Key Indicators

Postcode
7256

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

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Population
140

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

ABS Census Data โ†’
Median Rent (weekly)
$200/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
$82,316/yr

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

ABS Census Data โ†’
Distance to CBD
440 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)
$1,600/mo

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

ABS Census Data โ†’
Dwelling Type
92% 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, Loorana 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 $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,600/month. The median household income of $82,316/year reflects a solid demographic, supporting sustainable rental demand. 92% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Loorana over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

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

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Renovation / Flip

Renovation or flip strategies in Loorana face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Loorana property

Full Property Analysis

30-year projections for Loorana

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Loorana is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Loorana may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Loorana a good suburb for investment?

Loorana is a regional area in Tasmania with a population of 140. The median rent is $200/week and the median household income is $82,316/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 Loorana?

Key demand drivers in Loorana include regional employment hubs, lifestyle, and affordability. 92% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Loorana?

According to the ABS 2021 Census, Loorana has a population of approximately 140. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Loorana from the Hobart CBD?

Loorana is approximately 440 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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