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ABS 2021 Census · Updated 21 May 2026
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 per year.
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.
Official Australia Post postcode for Saltwater River. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Saltwater River on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Saltwater River is a smaller community of 131 — about 3% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Saltwater River's median household income of $58,500/year is 21% below the Tasmania suburb median ($73,944) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $340 equates to $1,473/month — about 113% of the median mortgage repayment of $1,300/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 35 km from Hobart, Saltwater River is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price. Only 44% 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.
How Saltwater River stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Saltwater River sits above the state median; negative means below.
| Metric | Saltwater River | TAS median | Δ vs state |
|---|---|---|---|
| Population | 131 | 3,902 | -97% |
| Median household income | $58,500/yr | $73,944/yr | -21% |
| Median rent (weekly) | $340 | $320 | +6% |
| Median mortgage (monthly) | $1,300 | $1,378 | -6% |
| Distance to CBD | 35 km | 24 km | +46% |
| Separate houses | 44% | 80% | -36pp |
Pre-inspection briefing for Saltwater River — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 131 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.
Strong rental coverage: $340/week (~$1,473/month) covers 113% of the $1,300/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.
Only 44% 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.
Run the numbers on a Saltwater River property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Saltwater River are modest for 2026 — incomes 21% below the TAS median of $73,944 and a population of 131 suggest gains will lag headline metro markets. Rental coverage runs at ~113% of the typical mortgage ($1,473/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 37/100 places Saltwater River in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Saltwater River scores 37/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 131, median household income of $58,500/year and median weekly rent of $340. 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.
The main demand drivers in Saltwater River are a median household income of $58,500/year, a dwelling mix that is 44% 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.
Saltwater River has a usual resident population of approximately 131, 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.
Saltwater River sits 35 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.
The most recent census recorded a median weekly rent of $340 in Saltwater River, equating to approximately $17,680/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.
The median monthly mortgage repayment in Saltwater River is $1,300, or approximately $15,600/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.
A median weekly rent of $340 works out to $1,473/month, covering 113% of the median mortgage repayment of $1,300/month. That means rent exceeds the median repayment by roughly $173/month, so on these numbers Saltwater River 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.
The main risks are a thin buyer pool (131 residents), interest-rate sensitivity on the $1,300 median mortgage, below-median household incomes ($58,500 vs $73,944 state median), the broader Tasmania market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
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.