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Suburb Insights · TAS 7140

Macquarie Plains, TAS 7140 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Macquarie Plains is a regional centre in Tasmania, Australia, with a population of approximately 53, making it a boutique locality. Located approximately 38 km from the Hobart CBD, Macquarie Plains is a regional area in Tasmania. The median household income is $61,724 per year.

Investment Score

35 / 100 Weak

Lower income levels in Macquarie Plains typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Hobart
Macquarie Plains
Tasmania · 7140
38 km from Hobart CBD
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Key Indicators

Postcode
7140

Official Australia Post postcode for Macquarie Plains. A postcode may cover multiple suburbs.

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Population
53

Usual resident population at the most recent census.

Median weekly rent
$200/wk

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

Median household income
$61,724/yr

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

Distance to CBD
38 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
$1,192/mo

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

Home type
92% houses

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

Investment Insight

Macquarie Plains is a smaller community of 53 — about 1% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $61,724/year is 17% below the Tasmania median of $73,944, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $200/week (73% coverage of the $1,192/month median mortgage) leaves a gap of roughly $325/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 38 km from Hobart, Macquarie Plains is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Macquarie Plains vs Tasmania Median

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

MetricMacquarie PlainsTAS medianΔ vs state
Population533,902-99%
Median household income$61,724/yr$73,944/yr-17%
Median rent (weekly)$200$320-37%
Median mortgage (monthly)$1,192$1,378-13%
Distance to CBD38 km24 km+58%
Separate houses92%80%+12pp

Investor Checklist

Pre-inspection briefing for Macquarie Plains — 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 53 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $200/week covers 73% of a $1,192/month mortgage, leaving a $325/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 92% houses in a 53-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Macquarie Plains property

Full Property Analysis

30-year projections for Macquarie Plains

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Macquarie Plains are modest for 2026 — incomes 17% below the TAS median of $73,944 and a population of 53 suggest gains will lag headline metro markets. Rental coverage runs at ~73% of the typical mortgage ($867/month rent vs $1,192/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 35/100 places Macquarie Plains 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 Macquarie Plains a good suburb for investment?

Macquarie Plains scores 35/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 53, median household income of $61,724/year and median weekly rent of $200. 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 Macquarie Plains?

The main demand drivers in Macquarie Plains are a median household income of $61,724/year, a dwelling mix that is 92% 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 Macquarie Plains?

Macquarie Plains has a usual resident population of approximately 53, 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 Macquarie Plains from the Hobart CBD?

Macquarie Plains sits 38 km straight-line from the Hobart CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Macquarie Plains?

The most recent census recorded a median weekly rent of $200 in Macquarie Plains, equating to approximately $10,400/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 Macquarie Plains?

The median monthly mortgage repayment in Macquarie Plains is $1,192, or approximately $14,304/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.

Is Macquarie Plains cash-flow positive for investors?

A median weekly rent of $200 works out to $867/month, covering 73% of the median mortgage repayment of $1,192/month. That leaves a $325/month shortfall (around $3,900/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.

What are the main risks of investing in Macquarie Plains?

The main risks are a thin buyer pool (53 residents), interest-rate sensitivity on the $1,192 median mortgage, below-median household incomes ($61,724 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 Macquarie Plains 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