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Suburb Insights ยท TAS 7186

Saltwater River 7186, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Saltwater River is a coastal suburb in Tasmania, Australia, with a population of approximately 131, making it a boutique locality. Located approximately 35 km from the Hobart CBD, Saltwater River is a coastal area in Tasmania. The median household income is $58,500 AUD per year (ABS 2021 Census).

Investment Score

37 / 100 Weak

Household earnings in Saltwater River are below the state average, which may affect long-term capital growth. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Saltwater River, Tasmania, Australia.

Key Indicators

Postcode
7186

Official Australia Post postcode for Saltwater River. A postcode may cover multiple suburbs.

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Population
131

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

ABS Census Data โ†’
Median Rent (weekly)
$340/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
$58,500/yr

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

ABS Census Data โ†’
Distance to CBD
35 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)
$1,300/mo

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

ABS Census Data โ†’
Dwelling Type
44% 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 Saltwater River, 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 $340/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month.

Investment Strategy

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Buy & Hold

Holding property in Saltwater River over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Expect competitive but not exceptional rental returns in Saltwater River's current market.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Saltwater River property

Full Property Analysis

30-year projections for Saltwater River

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

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Price movement in Saltwater River is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental market in Saltwater River should see steady occupancy, with moderate upward pressure on rents. Saltwater River is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Saltwater River a good suburb for investment?

Saltwater River is a coastal area in Tasmania with a population of 131. The median rent is $340/week and the median household income is $58,500/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 Saltwater River?

Key demand drivers in Saltwater River include lifestyle appeal and proximity to the coast. 44% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Saltwater River?

According to the ABS 2021 Census, Saltwater River has a population of approximately 131. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Saltwater River from the Hobart CBD?

Saltwater River is approximately 35 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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