Free full calculator →
Suburb Insights · TAS 7248

Newnham, TAS 7248 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Newnham is a regional centre in Tasmania, Australia, with a population of approximately 7,073, making it a smaller community. Located approximately 167 km from the Hobart CBD, Newnham is a regional area in Tasmania. The median household income is $63,596 per year.

Investment Score

37 / 100 Weak

Household earnings in Newnham are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Hobart
Newnham
Tasmania · 7248
167 km from Hobart CBD
View on Google Maps ↗

Key Indicators

Postcode
7248

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

Australia Post Postcode Finder →
Population
7,073

Usual resident population at the most recent census.

Median weekly rent
$270/wk

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

Median household income
$63,596/yr

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

Distance to CBD
167 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

Find schools near Newnham on My School →
Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb.

Median monthly mortgage
$1,300/mo

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

Home type
72% houses

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

Why People Like Living in Newnham

Who Newnham Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Tasmania median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Tasmania median, improving cash-flow margins.
  • Local parks and reserves (around 3) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Long distance to the CBD (167 km) — plan for commute time or local employment.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

Newnham's population of 7,073 sits 81% above the Tasmania suburb median of 3,902, giving it a wider tenant and buyer catchment than the average TAS locality. Household income of $63,596/year is 14% below the Tasmania median of $73,944, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median weekly rent of $270 equates to $1,170/month — about 90% of the median mortgage repayment of $1,300/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Newnham is 167 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Investment Tip

Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. Local rents consume roughly 22% of household income — a useful sanity check on tenant affordability.

Newnham vs Tasmania Median

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

MetricNewnhamTAS medianΔ vs state
Population7,0733,902+81%
Median household income$63,596/yr$73,944/yr-14%
Median rent (weekly)$270$320-16%
Median mortgage (monthly)$1,300$1,378-6%
Distance to CBD167 km24 km+596%
Separate houses72%80%-8pp

Investor Checklist

Pre-inspection briefing for Newnham — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Newnham's 7,073-person market and $63,596 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

Rental Yield

Strong rental coverage: $270/week (~$1,170/month) covers 90% of the $1,300/month median mortgage repayment, so the shortfall sits at just $130/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 72% houses in a 7,073-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 Newnham property

Full Property Analysis

30-year projections for Newnham

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: Moderate Investor Sentiment: Low

Capital-growth expectations for Newnham are modest for 2026 — incomes 14% below the TAS median of $73,944 suggest gains will lag headline metro markets. Rental coverage runs at ~90% of the typical mortgage ($1,170/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 37/100 places Newnham 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 Newnham

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

Frequently Asked Questions

Is Newnham a good suburb for investment?

Newnham scores 37/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 7,073, median household income of $63,596/year and median weekly rent of $270. 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 Newnham?

The main demand drivers in Newnham are a median household income of $63,596/year, a dwelling mix that is 72% separate houses, roughly 2 schools and 3 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 Newnham?

Newnham has a usual resident population of approximately 7,073, compared with a Tasmania suburb median of 3,902 — placing it in the upper 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 Newnham from the Hobart CBD?

Newnham sits 167 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 Newnham?

The most recent census recorded a median weekly rent of $270 in Newnham, equating to approximately $14,040/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 Newnham?

The median monthly mortgage repayment in Newnham is $1,300, or approximately $15,600/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 Newnham cash-flow positive for investors?

A median weekly rent of $270 works out to $1,170/month, covering 90% of the median mortgage repayment of $1,300/month. That leaves a $130/month shortfall (around $1,560/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 Newnham?

The main risks are interest-rate sensitivity on the $1,300 median mortgage, 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 Newnham 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