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Suburb Insights · TAS 7000

Queens Domain, TAS 7000 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Hobart
Queens Domain
Tasmania · 7000
2 km from Hobart CBD
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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 the most recent census.

Median weekly rent
$390/wk

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

Median household income
$162,448/yr

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

Distance to CBD
2 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
N/A

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

Home type
22% houses

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

Investment Insight

Queens Domain is a smaller community of 31 — about 1% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $162,448/year runs 120% above the Tasmania suburb median of $73,944, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. The median weekly rent of $390 translates to approximately $20,280/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. At 2 km from the Hobart CBD, Queens Domain sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 22% of dwellings are separate houses (vs 80% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Queens Domain vs Tasmania Median

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

MetricQueens DomainTAS medianΔ vs state
Population313,902-99%
Median household income$162,448/yr$73,944/yr+120%
Median rent (weekly)$390$320+22%
Distance to CBD2 km24 km-92%
Separate houses22%80%-58pp

Investor Checklist

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

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 120% above the Tasmania suburb median ($162,448 vs $73,944), and the 2 km CBD distance keeps this suburb in the primary demand zone. In Tasmania, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

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Rental Yield

Gross rent of $390/week (~$20,280/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

Renovation / Flip

Only 22% of dwellings are separate houses (vs 80% TAS median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Queens Domain property

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30-year projections for Queens Domain

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2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Strong

Queens Domain enters 2026 with a demographic tailwind — household incomes 120% above the Tasmania suburb median of $73,944 and a population of 31 give it the depth and purchasing power to outperform the wider TAS market over the next 12–18 months. Rents sit around $390/week, setting the baseline gross rental income at roughly $20,280/year — refine this against current listings before running your numbers. The EquitySight investment score of 76/100 places Queens Domain in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Queens Domain a good suburb for investment?

Queens Domain scores 76/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 31, median household income of $162,448/year and median weekly rent of $390. 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 Queens Domain?

The main demand drivers in Queens Domain are proximity to Hobart (2 km), an above-state-median household income of $162,448/year, a dwelling mix that is 22% 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 Queens Domain?

Queens Domain has a usual resident population of approximately 31, 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 Queens Domain from the Hobart CBD?

Queens Domain sits 2 km straight-line from the Hobart CBD. This is inner-ring territory — pricing competes directly with established Hobart employment nodes.

What is the median rent in Queens Domain?

The most recent census recorded a median weekly rent of $390 in Queens Domain, equating to approximately $20,280/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 Queens Domain?

A reliable median mortgage figure was not captured for Queens Domain. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Queens Domain cash-flow positive for investors?

Census data was not complete enough in Queens Domain to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Queens Domain?

The main risks are a thin buyer pool (31 residents), interest-rate sensitivity, a unit-heavy dwelling mix (22% houses) where body-corporate costs and apartment supply affect resale, 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 Queens Domain 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