Free full calculator โ†’
Suburb Insights ยท TAS 7304

Mole Creek 7304, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mole Creek is a regional centre in Tasmania, Australia, with a population of approximately 528, making it a boutique locality. Located approximately 168 km from the Hobart CBD, Mole Creek is a regional area in Tasmania. The median household income is $55,432 AUD per year (ABS 2021 Census).

Investment Score

27 / 100 Weak

Mole Creek'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

Map shows Mole Creek, Tasmania, Australia.

Key Indicators

Postcode
7304

Official Australia Post postcode for Mole Creek. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
528

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

ABS Census Data โ†’
Median Rent (weekly)
$240/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$55,432/yr

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

ABS Census Data โ†’
Distance to CBD
168 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.

Find schools near Mole Creek on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,083/mo

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

ABS Census Data โ†’
Dwelling Type
84% 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, Mole Creek 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 $240/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,083/month. 84% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โŒ
Buy & Hold

Long-term holding in Mole Creek requires careful assessment of local economic resilience.

โŒ
Rental Yield

Achieving strong cash flow in Mole Creek is challenging at current rent-to-price ratios.

โŒ
Renovation / Flip

The resale market in Mole Creek may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Mole Creek property

Full Property Analysis

30-year projections for Mole Creek

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

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

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Mole Creek faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Mole Creek is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Mole Creek a good suburb for investment?

Mole Creek is a regional area in Tasmania with a population of 528. The median rent is $240/week and the median household income is $55,432/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 Mole Creek?

Key demand drivers in Mole Creek include regional employment hubs, lifestyle, and affordability. 84% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Mole Creek?

According to the ABS 2021 Census, Mole Creek has a population of approximately 528. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mole Creek from the Hobart CBD?

Mole Creek is approximately 168 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.

Explore Nearby Suburbs

Tasmania Property Resources