Free full calculator โ†’
Suburb Insights ยท TAS 7303

Oaks 7303, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Oaks is a regional centre in Tasmania, Australia, with a population of approximately 24, making it a boutique locality. Located approximately 148 km from the Hobart CBD, Oaks is a regional area in Tasmania. The median household income is $61,724 AUD per year (ABS 2021 Census).

Investment Score

26 / 100 Weak

Household earnings in Oaks are below the state average, which may affect long-term capital growth. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Oaks, Tasmania, Australia.

Key Indicators

Postcode
7303

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

Australia Post Postcode Finder โ†’
Population
24

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

ABS Census Data โ†’
Median Rent (weekly)
$300/wk

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

State Rental Authority โ†’
Median Household Income
$61,724/yr

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

ABS Census Data โ†’
Distance to CBD
148 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.

Find schools near Oaks on My School โ†’
Parks & green spaces
1

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

Median Mortgage (monthly)
$3,337/mo

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

ABS Census Data โ†’
Dwelling Type
73% 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, Oaks 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 $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $3,337/month.

Investment Strategy

โŒ
Buy & Hold

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

โš ๏ธ
Rental Yield

Expect competitive but not exceptional rental returns in Oaks's current market.

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Oaks property

Full Property Analysis

30-year projections for Oaks

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Oaks 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 Oaks's 2026 outlook. Oaks is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Oaks a good suburb for investment?

Oaks is a regional area in Tasmania with a population of 24. The median rent is $300/week and the median household income is $61,724/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 Oaks?

Key demand drivers in Oaks include regional employment hubs, lifestyle, and affordability. 73% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Oaks?

According to the ABS 2021 Census, Oaks has a population of approximately 24. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Oaks from the Hobart CBD?

Oaks is approximately 148 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.

Explore Nearby Suburbs

Tasmania Property Resources