Free full calculator →
Suburb Insights · TAS 7109

Petcheys Bay, TAS 7109 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Hobart
Petcheys Bay
Tasmania · 7109
42 km from Hobart CBD
View on Google Maps ↗

Key Indicators

Postcode
7109

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

Australia Post Postcode Finder →
Population
194

Usual resident population at the most recent census.

Median weekly rent
$284/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$55,692/yr

Annual median household income (before tax) across all households.

Distance to CBD
42 km

Straight-line distance from the suburb centroid 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.

Find schools near Petcheys Bay on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,192/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
82% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Petcheys Bay is a smaller community of 194 — about 5% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Petcheys Bay's median household income of $55,692/year is 25% below the Tasmania suburb median ($73,944) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $284 equates to $1,231/month — about 103% of the median mortgage repayment of $1,192/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 42 km from Hobart, Petcheys Bay is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Petcheys Bay vs Tasmania Median

How Petcheys Bay stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Petcheys Bay sits above the state median; negative means below.

MetricPetcheys BayTAS medianΔ vs state
Population1943,902-95%
Median household income$55,692/yr$73,944/yr-25%
Median rent (weekly)$284$320-11%
Median mortgage (monthly)$1,192$1,378-13%
Distance to CBD42 km24 km+75%
Separate houses82%80%+2pp

Investor Checklist

Pre-inspection briefing for Petcheys Bay — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 194 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Strong rental coverage: $284/week (~$1,231/month) covers 103% of the $1,192/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 82% houses in a 194-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Petcheys Bay property

Full Property Analysis

30-year projections for Petcheys Bay

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

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

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Petcheys Bay are modest for 2026 — incomes 25% below the TAS median of $73,944 and a population of 194 suggest gains will lag headline metro markets. Rental coverage runs at ~103% of the typical mortgage ($1,231/month rent vs $1,192/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 30/100 places Petcheys Bay in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

Share your experience of Petcheys Bay

Lived in Petcheys Bay? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Petcheys Bay a good suburb for investment?

Petcheys Bay scores 30/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 194, median household income of $55,692/year and median weekly rent of $284. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Petcheys Bay?

The main demand drivers in Petcheys Bay are a median household income of $55,692/year, a dwelling mix that is 82% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Petcheys Bay?

Petcheys Bay has a usual resident population of approximately 194, compared with a Tasmania suburb median of 3,902 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Petcheys Bay from the Hobart CBD?

Petcheys Bay sits 42 km straight-line from the Hobart CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Petcheys Bay?

The most recent census recorded a median weekly rent of $284 in Petcheys Bay, equating to approximately $14,768/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Petcheys Bay?

The median monthly mortgage repayment in Petcheys Bay is $1,192, or approximately $14,304/year (vs $1,378/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Petcheys Bay cash-flow positive for investors?

A median weekly rent of $284 works out to $1,231/month, covering 103% of the median mortgage repayment of $1,192/month. That means rent exceeds the median repayment by roughly $39/month, so on these numbers Petcheys Bay leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Petcheys Bay?

The main risks are a thin buyer pool (194 residents), interest-rate sensitivity on the $1,192 median mortgage, below-median household incomes ($55,692 vs $73,944 state median), the broader Tasmania market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Petcheys Bay profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Tasmania Property Resources