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Suburb Insights · TAS 7190

Runnymede, TAS 7190 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Hobart
Runnymede
Tasmania · 7190
33 km from Hobart CBD
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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 the most recent census.

Median weekly rent
$188/wk

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

Median household income
$93,184/yr

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

Distance to CBD
33 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
$2,279/mo

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

Home type
68% houses

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

Investment Insight

Runnymede is a smaller community of 77 — about 2% 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 $93,184/year runs 26% 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. Weekly rent of $188 covers just 36% of the median $2,279/month mortgage repayment, leaving a $1,464/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. At 33 km from Hobart, Runnymede is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Runnymede vs Tasmania Median

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

MetricRunnymedeTAS medianΔ vs state
Population773,902-98%
Median household income$93,184/yr$73,944/yr+26%
Median rent (weekly)$188$320-41%
Median mortgage (monthly)$2,279$1,378+65%
Distance to CBD33 km24 km+38%
Separate houses68%80%-12pp

Investor Checklist

Pre-inspection briefing for Runnymede — 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 77 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Weak cash flow: $188/week rent covers only 36% of the $2,279/month median mortgage — a $1,464/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

Renovation / Flip

Only 68% 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

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Runnymede are modest for 2026 — incomes 26% above the TAS median of $73,944 and a population of 77 suggest gains will lag headline metro markets. Rental coverage runs at ~36% of the typical mortgage ($815/month rent vs $2,279/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 50/100 places Runnymede 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 Runnymede a good suburb for investment?

Runnymede scores 50/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 77, median household income of $93,184/year and median weekly rent of $188. 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 Runnymede?

The main demand drivers in Runnymede are an above-state-median household income of $93,184/year, a dwelling mix that is 68% 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 Runnymede?

Runnymede has a usual resident population of approximately 77, 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 Runnymede from the Hobart CBD?

Runnymede sits 33 km straight-line from the Hobart CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Runnymede?

The most recent census recorded a median weekly rent of $188 in Runnymede, equating to approximately $9,776/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 Runnymede?

The median monthly mortgage repayment in Runnymede is $2,279, or approximately $27,348/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 Runnymede cash-flow positive for investors?

A median weekly rent of $188 works out to $815/month, covering 36% of the median mortgage repayment of $2,279/month. That leaves a $1,464/month shortfall (around $17,568/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. 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 Runnymede?

The main risks are a thin buyer pool (77 residents), interest-rate sensitivity on the $2,279 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 Runnymede 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