ABS 2021 Census · Updated 31 March 2026
New Town is an inner-city suburb of Hobart, Australia, with a population of approximately 6,781, making it a smaller community. Located 3 km from the Hobart CBD, New Town is a inner city area in Tasmania. The median household income is $82,992 AUD per year (ABS 2021 Census).
New Town has a solid income profile that supports reliable occupancy rates. Its proximity to the CBD adds a strong location premium.
Map shows New Town, Tasmania, Australia.
Official Australia Post postcode for New Town. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 2 schools within or near this suburb based on ABS 2021 data.
Find schools near New Town on My School →Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →As an inner-city location, New Town benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $340/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,771/month. The median household income of $82,992/year reflects a solid demographic, supporting sustainable rental demand.
Solid fundamentals in New Town support capital growth over a medium to long hold period.
New Town can deliver reasonable rental income, though yields are not the primary draw.
Selective flip opportunities exist in New Town for investors with local market knowledge.
Run the numbers on a New Town property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Property values in New Town should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in New Town should see steady occupancy, with moderate upward pressure on rents. New Town remains on the radar of active property investors in Tasmania.
New Town is a inner city area in Tasmania with a population of 6,781. The median rent is $340/week and the median household income is $82,992/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in New Town include employment proximity and urban lifestyle. 62% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.
According to the ABS 2021 Census, New Town has a population of approximately 6,781. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
New Town is approximately 3 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.