Free full calculator →
Suburb Insights · TAS 7304

Meander, TAS 7304 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Meander is a regional centre in Tasmania, Australia, with a population of approximately 337, making it a boutique locality. Located approximately 147 km from the Hobart CBD, Meander is a regional area in Tasmania. The median household income is $59,176 per year.

Investment Score

28 / 100 Weak

Lower income levels in Meander 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
Meander
Tasmania · 7304
147 km from Hobart CBD
View on Google Maps ↗

Key Indicators

Postcode
7304

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

Australia Post Postcode Finder →
Population
337

Usual resident population at the most recent census.

Median weekly rent
$238/wk

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

Median household income
$59,176/yr

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

Distance to CBD
147 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.

Find schools near Meander on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,193/mo

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

Home type
87% houses

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

Investment Insight

Meander is a smaller community of 337 — about 9% 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 $59,176/year is 20% below the Tasmania median of $73,944, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $238/week (86% coverage of the $1,193/month median mortgage) leaves a gap of roughly $162/month that a typical investor bridges with negative gearing, depreciation and capital growth. Meander is 147 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Meander vs Tasmania Median

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

MetricMeanderTAS medianΔ vs state
Population3373,902-91%
Median household income$59,176/yr$73,944/yr-20%
Median rent (weekly)$238$320-26%
Median mortgage (monthly)$1,193$1,378-13%
Distance to CBD147 km24 km+513%
Separate houses87%80%+7pp

Investor Checklist

Pre-inspection briefing for Meander — 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 337 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Strong rental coverage: $238/week (~$1,031/month) covers 86% of the $1,193/month median mortgage repayment, so the shortfall sits at just $162/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 87% houses in a 337-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 Meander property

Full Property Analysis

30-year projections for Meander

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Meander are modest for 2026 — incomes 20% below the TAS median of $73,944 and a population of 337 suggest gains will lag headline metro markets. Rental coverage runs at ~86% of the typical mortgage ($1,031/month rent vs $1,193/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 28/100 places Meander in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

Share your experience of Meander

Lived in Meander? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Meander a good suburb for investment?

Meander scores 28/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 337, median household income of $59,176/year and median weekly rent of $238. 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 Meander?

The main demand drivers in Meander are a median household income of $59,176/year, a dwelling mix that is 87% 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 Meander?

Meander has a usual resident population of approximately 337, 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 Meander from the Hobart CBD?

Meander sits 147 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 Meander?

The most recent census recorded a median weekly rent of $238 in Meander, equating to approximately $12,376/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 Meander?

The median monthly mortgage repayment in Meander is $1,193, or approximately $14,316/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 Meander cash-flow positive for investors?

A median weekly rent of $238 works out to $1,031/month, covering 86% of the median mortgage repayment of $1,193/month. That leaves a $162/month shortfall (around $1,944/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 Meander?

The main risks are a thin buyer pool (337 residents), interest-rate sensitivity on the $1,193 median mortgage, below-median household incomes ($59,176 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 Meander 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