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Suburb Insights · TAS 7017

Risdon, TAS 7017 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Risdon is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 209, making it a boutique locality. Located approximately 10 km from the Hobart CBD, Risdon is a middle ring area in Tasmania. The median household income is $80,132 per year.

Investment Score

57 / 100 Moderate

Household incomes in Risdon sit in a comfortable mid-range for the Tasmania market. Its proximity to the CBD adds a strong location premium.

Location

Hobart
Risdon
Tasmania · 7017
10 km from Hobart CBD
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Key Indicators

Postcode
7017

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

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Population
209

Usual resident population at the most recent census.

Median weekly rent
$378/wk

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

Median household income
$80,132/yr

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

Distance to CBD
10 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
$1,408/mo

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

Home type
84% houses

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

Investment Insight

Risdon is a smaller community of 209 — about 5% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Households here earn $80,132/year on average — 8% above the TAS suburb median of $73,944 — a modest premium that supports resilient owner-occupier demand. Median weekly rent of $378 equates to $1,638/month — about 116% of the median mortgage repayment of $1,408/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 10 km from the Hobart CBD, Risdon sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.

Risdon vs Tasmania Median

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

MetricRisdonTAS medianΔ vs state
Population2093,902-95%
Median household income$80,132/yr$73,944/yr+8%
Median rent (weekly)$378$320+18%
Median mortgage (monthly)$1,408$1,378+2%
Distance to CBD10 km24 km-58%
Separate houses84%80%+4pp

Investor Checklist

Pre-inspection briefing for Risdon — 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 209 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Strong rental coverage: $378/week (~$1,638/month) covers 116% of the $1,408/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 84% houses in a 209-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 Risdon property

Full Property Analysis

30-year projections for Risdon

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Risdon are modest for 2026 — incomes 8% above the TAS median of $73,944 and a population of 209 suggest gains will lag headline metro markets. Rental coverage runs at ~116% of the typical mortgage ($1,638/month rent vs $1,408/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 57/100 places Risdon in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Risdon a good suburb for investment?

Risdon scores 57/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 209, median household income of $80,132/year and median weekly rent of $378. 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 Risdon?

The main demand drivers in Risdon are proximity to Hobart (10 km), an above-state-median household income of $80,132/year, a dwelling mix that is 84% 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 Risdon?

Risdon has a usual resident population of approximately 209, 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 Risdon from the Hobart CBD?

Risdon sits 10 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 Risdon?

The most recent census recorded a median weekly rent of $378 in Risdon, equating to approximately $19,656/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 Risdon?

The median monthly mortgage repayment in Risdon is $1,408, or approximately $16,896/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 Risdon cash-flow positive for investors?

A median weekly rent of $378 works out to $1,638/month, covering 116% of the median mortgage repayment of $1,408/month. That means rent exceeds the median repayment by roughly $230/month, so on these numbers Risdon 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 Risdon?

The main risks are a thin buyer pool (209 residents), interest-rate sensitivity on the $1,408 median mortgage, 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 Risdon 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