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Suburb Insights ยท TAS 7109

Petcheys Bay 7109, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Petcheys Bay is a regional centre in Tasmania, Australia, with a population of approximately 194, making it a boutique locality. Located approximately 42 km from the Hobart CBD, Petcheys Bay is a regional area in Tasmania. The median household income is $55,692 AUD per year (ABS 2021 Census).

Investment Score

30 / 100 Weak

Petcheys Bay's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Petcheys Bay, Tasmania, Australia.

Key Indicators

Postcode
7109

Official Australia Post postcode for Petcheys Bay. A postcode may cover multiple suburbs.

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Population
194

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

ABS Census Data โ†’
Median Rent (weekly)
$284/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
$55,692/yr

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

ABS Census Data โ†’
Distance to CBD
42 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)
$1,192/mo

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

ABS Census Data โ†’
Dwelling Type
82% 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, Petcheys Bay 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 $284/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,192/month. 82% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Petcheys Bay requires careful assessment of local economic resilience.

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Rental Yield

Achieving strong cash flow in Petcheys Bay is challenging at current rent-to-price ratios.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Petcheys Bay property

Full Property Analysis

30-year projections for Petcheys Bay

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Petcheys Bay faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Petcheys Bay is thinner โ€” flexible lease terms could help secure tenants faster. Petcheys Bay is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Petcheys Bay a good suburb for investment?

Petcheys Bay is a regional area in Tasmania with a population of 194. The median rent is $284/week and the median household income is $55,692/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 Petcheys Bay?

Key demand drivers in Petcheys Bay include regional employment hubs, lifestyle, and affordability. 82% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Petcheys Bay?

According to the ABS 2021 Census, Petcheys Bay has a population of approximately 194. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Petcheys Bay from the Hobart CBD?

Petcheys Bay is approximately 42 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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