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Suburb Insights ยท TAS 7190

Runnymede 7190, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Runnymede is a coastal suburb in Tasmania, Australia, with a population of approximately 77, making it a boutique locality. Located approximately 33 km from the Hobart CBD, Runnymede is a coastal area in Tasmania. The median household income is $93,184 AUD per year (ABS 2021 Census).

Investment Score

50 / 100 Moderate

Above-average earnings in Runnymede support sustained property values. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Runnymede, Tasmania, Australia.

Key Indicators

Postcode
7190

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

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Population
77

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

ABS Census Data โ†’
Median Rent (weekly)
$188/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$93,184/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)
$2,279/mo

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

ABS Census Data โ†’
Dwelling Type
68% 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

Coastal lifestyle is a strong draw for Runnymede, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Tasmania consistently attract interstate migration and lifestyle buyers. The median rent of $188/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,279/month. The median household income of $93,184/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Runnymede offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Runnymede

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Runnymede is expected to see moderate price growth in 2026 as the broader Tasmania market stabilises. The rental market in Runnymede should see steady occupancy, with moderate upward pressure on rents. The market mood around Runnymede is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Runnymede a good suburb for investment?

Runnymede is a coastal area in Tasmania with a population of 77. The median rent is $188/week and the median household income is $93,184/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 Runnymede?

Key demand drivers in Runnymede include lifestyle appeal and proximity to the coast. 68% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Runnymede?

According to the ABS 2021 Census, Runnymede has a population of approximately 77. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Runnymede from the Hobart CBD?

Runnymede 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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