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Suburb Insights ยท TAS 7000

Queens Domain 7000, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Queens Domain is an inner-city suburb of Hobart, Australia, with a population of approximately 31, making it a boutique locality. Located 2 km from the Hobart CBD, Queens Domain is a inner city area in Tasmania. The median household income is $162,448 AUD per year (ABS 2021 Census).

Investment Score

76 / 100 Good

Strong household incomes in Queens Domain underpin solid property demand. The short commute to the city centre is a key demand driver.

Location

Map shows Queens Domain, Tasmania, Australia.

Key Indicators

Postcode
7000

Official Australia Post postcode for Queens Domain. A postcode may cover multiple suburbs.

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Population
31

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

ABS Census Data โ†’
Median Rent (weekly)
$390/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
$162,448/yr

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

ABS Census Data โ†’
Distance to CBD
2 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)
N/A

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

ABS Census Data โ†’
Dwelling Type
22% 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 an inner-city location, Queens Domain benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $390/week (ABS 2021) indicates an affordable rental market. A median household income of $162,448/year supports premium property values and indicates a well-employed resident base. With only 22% separate houses, Queens Domain has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Queens Domain's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Queens Domain property

Full Property Analysis

30-year projections for Queens Domain

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

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Queens Domain enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. The rental market in Queens Domain should see steady occupancy, with moderate upward pressure on rents. Overall, investor sentiment toward Queens Domain is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Queens Domain a good suburb for investment?

Queens Domain is a inner city area in Tasmania with a population of 31. The median rent is $390/week and the median household income is $162,448/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 Queens Domain?

Key demand drivers in Queens Domain include employment proximity and urban lifestyle. 22% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Queens Domain?

According to the ABS 2021 Census, Queens Domain has a population of approximately 31. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Queens Domain from the Hobart CBD?

Queens Domain is approximately 2 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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