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Suburb Insights ยท TAS 7268

North Lilydale 7268, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

North Lilydale is a regional centre in Tasmania, Australia, with a population of approximately 82, making it a boutique locality. Located approximately 184 km from the Hobart CBD, North Lilydale is a regional area in Tasmania. The median household income is $74,724 AUD per year (ABS 2021 Census).

Investment Score

33 / 100 Weak

Moderate income levels in North Lilydale indicate steady rental demand from working households. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows North Lilydale, Tasmania, Australia.

Key Indicators

Postcode
7268

Official Australia Post postcode for North Lilydale. A postcode may cover multiple suburbs.

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Population
82

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

ABS Census Data โ†’
Median Rent (weekly)
$275/wk

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

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Median Household Income
$74,724/yr

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

ABS Census Data โ†’
Distance to CBD
184 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.

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Parks & green spaces
1

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

Median Mortgage (monthly)
$1,200/mo

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

ABS Census Data โ†’
Dwelling Type
114% 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, North Lilydale 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 $275/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,200/month. 114% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in North Lilydale could work well with careful property selection and a longer time horizon.

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Rental Yield

North Lilydale's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

The resale market in North Lilydale may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a North Lilydale property

Full Property Analysis

30-year projections for North Lilydale

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in North Lilydale is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in North Lilydale's 2026 outlook. Investor sentiment toward North Lilydale is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is North Lilydale a good suburb for investment?

North Lilydale is a regional area in Tasmania with a population of 82. The median rent is $275/week and the median household income is $74,724/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 North Lilydale?

Key demand drivers in North Lilydale include regional employment hubs, lifestyle, and affordability. 114% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of North Lilydale?

According to the ABS 2021 Census, North Lilydale has a population of approximately 82. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is North Lilydale from the Hobart CBD?

North Lilydale is approximately 184 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.

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