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Suburb Insights ยท TAS 7172

Nugent 7172, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Nugent is a regional centre in Tasmania, Australia, with a population of approximately 117, making it a boutique locality. Located approximately 36 km from the Hobart CBD, Nugent is a regional area in Tasmania. The median household income is $62,348 AUD per year (ABS 2021 Census).

Investment Score

30 / 100 Weak

Nugent's income profile suggests a value-oriented market with competitive purchase prices. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Nugent, Tasmania, Australia.

Key Indicators

Postcode
7172

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

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Population
117

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

ABS Census Data โ†’
Median Rent (weekly)
$330/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
$62,348/yr

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

ABS Census Data โ†’
Distance to CBD
36 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)
$1,300/mo

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

ABS Census Data โ†’
Dwelling Type
80% 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, Nugent 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 $330/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month. 80% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Capital growth in Nugent may be constrained โ€” consider alternative strategies.

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Rental Yield

Nugent can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Renovation or flip strategies in Nugent face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Nugent property

Full Property Analysis

30-year projections for Nugent

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Nugent faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Nugent's 2026 outlook. Nugent is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Nugent a good suburb for investment?

Nugent is a regional area in Tasmania with a population of 117. The median rent is $330/week and the median household income is $62,348/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 Nugent?

Key demand drivers in Nugent include regional employment hubs, lifestyle, and affordability. 80% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Nugent?

According to the ABS 2021 Census, Nugent has a population of approximately 117. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Nugent from the Hobart CBD?

Nugent is approximately 36 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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