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Suburb Insights ยท TAS 7030

Pelham 7030, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Pelham is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 24, making it a boutique locality. Located approximately 43 km from the Hobart CBD, Pelham is a middle ring area in Tasmania. The median household income is $24,648 AUD per year (ABS 2021 Census).

Investment Score

38 / 100 Weak

Lower income levels in Pelham typically translate to more affordable entry points for investors. While further from the city, improving transport links could boost future demand.

Location

Map shows Pelham, Tasmania, Australia.

Key Indicators

Postcode
7030

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

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Population
24

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

ABS Census Data โ†’
Median Rent (weekly)
$250/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
$24,648/yr

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

ABS Census Data โ†’
Distance to CBD
43 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)
$585/mo

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

ABS Census Data โ†’
Dwelling Type
60% 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

Pelham's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $250/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $585/month.

Investment Strategy

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Buy & Hold

Pelham offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Rental yields in Pelham tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Pelham property

Full Property Analysis

30-year projections for Pelham

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

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Capital growth in Pelham may remain subdued in 2026, with limited demand drivers in the near term. The rental market in Pelham should see steady occupancy, with moderate upward pressure on rents. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Pelham a good suburb for investment?

Pelham is a middle ring area in Tasmania with a population of 24. The median rent is $250/week and the median household income is $24,648/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 Pelham?

Key demand drivers in Pelham include established amenities and transport access. 60% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Pelham?

According to the ABS 2021 Census, Pelham 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 Pelham from the Hobart CBD?

Pelham is approximately 43 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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