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Suburb Insights · TAS 7321

Mawbanna, TAS 7321 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Mawbanna is a regional centre in Tasmania, Australia, with a population of approximately 84, making it a boutique locality. Located approximately 265 km from the Hobart CBD, Mawbanna is a regional area in Tasmania. The median household income is $49,348 per year.

Investment Score

24 / 100 Weak

Mawbanna's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Hobart
Mawbanna
Tasmania · 7321
265 km from Hobart CBD
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Key Indicators

Postcode
7321

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

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Population
84

Usual resident population at the most recent census.

Median weekly rent
$180/wk

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

Median household income
$49,348/yr

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

Distance to CBD
265 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
97% houses

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

Investment Insight

Mawbanna is a smaller community of 84 — about 2% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Mawbanna's median household income of $49,348/year is 33% 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. The median weekly rent of $180 translates to approximately $9,360/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. Mawbanna is 265 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 97% of dwellings — 17 percentage points above the Tasmania median of 80% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Mawbanna vs Tasmania Median

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

MetricMawbannaTAS medianΔ vs state
Population843,902-98%
Median household income$49,348/yr$73,944/yr-33%
Median rent (weekly)$180$320-44%
Distance to CBD265 km24 km+1004%
Separate houses97%80%+17pp

Investor Checklist

Pre-inspection briefing for Mawbanna — 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 84 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

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Rental Yield

Gross rent of $180/week (~$9,360/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

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Renovation / Flip

With 97% houses in a 84-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 Mawbanna property

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30-year projections for Mawbanna

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Mawbanna are modest for 2026 — incomes 33% below the TAS median of $73,944 and a population of 84 suggest gains will lag headline metro markets. Rents sit around $180/week, setting the baseline gross rental income at roughly $9,360/year — refine this against current listings before running your numbers. The EquitySight investment score of 24/100 places Mawbanna 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 Mawbanna a good suburb for investment?

Mawbanna scores 24/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 84, median household income of $49,348/year and median weekly rent of $180. 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 Mawbanna?

The main demand drivers in Mawbanna are a median household income of $49,348/year, a dwelling mix that is 97% 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 Mawbanna?

Mawbanna has a usual resident population of approximately 84, 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 Mawbanna from the Hobart CBD?

Mawbanna sits 265 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 Mawbanna?

The most recent census recorded a median weekly rent of $180 in Mawbanna, equating to approximately $9,360/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 Mawbanna?

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

Is Mawbanna cash-flow positive for investors?

Census data was not complete enough in Mawbanna 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 Mawbanna?

The main risks are a thin buyer pool (84 residents), interest-rate sensitivity, below-median household incomes ($49,348 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 Mawbanna 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