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Suburb Insights ยท TAS 7292

Selbourne 7292, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Selbourne is a regional centre in Tasmania, Australia, with a population of approximately 68, making it a boutique locality. Located approximately 165 km from the Hobart CBD, Selbourne is a regional area in Tasmania. The median household income is $74,724 AUD per year (ABS 2021 Census).

Investment Score

34 / 100 Weak

Household incomes in Selbourne sit in a comfortable mid-range for the Tasmania market. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Selbourne, Tasmania, Australia.

Key Indicators

Postcode
7292

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

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Population
68

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

ABS Census Data โ†’
Median Rent (weekly)
$200/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
$74,724/yr

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

ABS Census Data โ†’
Distance to CBD
165 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)
$2,383/mo

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

ABS Census Data โ†’
Dwelling Type
104% 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

As a regional centre, Selbourne serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,383/month. 104% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Achieving strong cash flow in Selbourne is challenging at current rent-to-price ratios.

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Renovation / Flip

Limited buyer depth in Selbourne makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Selbourne property

Full Property Analysis

30-year projections for Selbourne

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: Low Investor Sentiment: Low

Selbourne faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Landlords in Selbourne may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Selbourne a good suburb for investment?

Selbourne is a regional area in Tasmania with a population of 68. The median rent is $200/week and the median household income is $74,724/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 Selbourne?

Key demand drivers in Selbourne include regional employment hubs, lifestyle, and affordability. 104% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Selbourne?

According to the ABS 2021 Census, Selbourne has a population of approximately 68. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Selbourne from the Hobart CBD?

Selbourne is approximately 165 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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