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Suburb Insights ยท TAS 7140

Plenty 7140, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Plenty is a regional centre in Tasmania, Australia, with a population of approximately 66, making it a boutique locality. Located approximately 33 km from the Hobart CBD, Plenty is a regional area in Tasmania. The median household income is $74,724 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Household incomes in Plenty sit in a comfortable mid-range for the Tasmania market. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Plenty, Tasmania, Australia.

Key Indicators

Postcode
7140

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

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Population
66

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

ABS Census Data โ†’
Median Rent (weekly)
$280/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
$74,724/yr

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

ABS Census Data โ†’
Distance to CBD
33 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)
$1,083/mo

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

ABS Census Data โ†’
Dwelling Type
83% 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, Plenty 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 $280/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,083/month. 83% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Plenty could work well with careful property selection and a longer time horizon.

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Rental Yield

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

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Renovation / Flip

Limited buyer depth in Plenty makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Plenty property

Full Property Analysis

30-year projections for Plenty

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Plenty may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Plenty may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Plenty a good suburb for investment?

Plenty is a regional area in Tasmania with a population of 66. The median rent is $280/week and the median household income is $74,724/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 Plenty?

Key demand drivers in Plenty include regional employment hubs, lifestyle, and affordability. 83% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Plenty?

According to the ABS 2021 Census, Plenty has a population of approximately 66. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Plenty from the Hobart CBD?

Plenty is approximately 33 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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