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Suburb Insights · TAS 7304

Mole Creek, TAS 7304 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Hobart
Mole Creek
Tasmania · 7304
168 km from Hobart CBD
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Key Indicators

Postcode
7304

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

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Population
528

Usual resident population at the most recent census.

Median weekly rent
$240/wk

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

Median household income
$55,432/yr

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

Distance to CBD
168 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
$1,083/mo

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

Home type
84% houses

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

Investment Insight

Mole Creek is a smaller community of 528 — about 14% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Mole Creek's median household income of $55,432/year is 25% 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. Median weekly rent of $240 equates to $1,040/month — about 96% of the median mortgage repayment of $1,083/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Mole Creek is 168 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Mole Creek vs Tasmania Median

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

MetricMole CreekTAS medianΔ vs state
Population5283,902-86%
Median household income$55,432/yr$73,944/yr-25%
Median rent (weekly)$240$320-25%
Median mortgage (monthly)$1,083$1,378-21%
Distance to CBD168 km24 km+600%
Separate houses84%80%+4pp

Investor Checklist

Pre-inspection briefing for Mole Creek — 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 528 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Strong rental coverage: $240/week (~$1,040/month) covers 96% of the $1,083/month median mortgage repayment, so the shortfall sits at just $43/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 84% houses in a 528-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 Mole Creek property

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30-year projections for Mole Creek

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Mole Creek are modest for 2026 — incomes 25% below the TAS median of $73,944 and a population of 528 suggest gains will lag headline metro markets. Rental coverage runs at ~96% of the typical mortgage ($1,040/month rent vs $1,083/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 27/100 places Mole Creek 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 Mole Creek a good suburb for investment?

Mole Creek scores 27/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 528, median household income of $55,432/year and median weekly rent of $240. 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 Mole Creek?

The main demand drivers in Mole Creek are a median household income of $55,432/year, a dwelling mix that is 84% 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 Mole Creek?

Mole Creek has a usual resident population of approximately 528, 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 Mole Creek from the Hobart CBD?

Mole Creek sits 168 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 Mole Creek?

The most recent census recorded a median weekly rent of $240 in Mole Creek, equating to approximately $12,480/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 Mole Creek?

The median monthly mortgage repayment in Mole Creek is $1,083, or approximately $12,996/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 Mole Creek cash-flow positive for investors?

A median weekly rent of $240 works out to $1,040/month, covering 96% of the median mortgage repayment of $1,083/month. That leaves a $43/month shortfall (around $516/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 Mole Creek?

The main risks are a thin buyer pool (528 residents), interest-rate sensitivity on the $1,083 median mortgage, below-median household incomes ($55,432 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 Mole Creek 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