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Suburb Insights ยท TAS 7150

Simpsons Bay 7150, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Simpsons Bay is a coastal suburb in Tasmania, Australia, with a population of approximately 49, making it a boutique locality. Located approximately 44 km from the Hobart CBD, Simpsons Bay is a coastal area in Tasmania. The median household income is $81,224 AUD per year (ABS 2021 Census).

Investment Score

46 / 100 Moderate

Simpsons Bay has a solid income profile that supports reliable occupancy rates. The coastal setting provides a lifestyle factor that underpins property values.

Location

Map shows Simpsons Bay, Tasmania, Australia.

Key Indicators

Postcode
7150

Official Australia Post postcode for Simpsons Bay. A postcode may cover multiple suburbs.

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Population
49

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

ABS Census Data โ†’
Median Rent (weekly)
$100/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
$81,224/yr

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

ABS Census Data โ†’
Distance to CBD
44 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)
$1,777/mo

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

ABS Census Data โ†’
Dwelling Type
50% 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 Simpsons Bay, 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 $100/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,777/month. The median household income of $81,224/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Simpsons Bay's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Simpsons Bay property

Full Property Analysis

30-year projections for Simpsons Bay

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Low

Property values in Simpsons Bay should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. Tenants in Simpsons Bay have options โ€” presenting well-maintained properties is key to minimising vacancy. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Simpsons Bay a good suburb for investment?

Simpsons Bay is a coastal area in Tasmania with a population of 49. The median rent is $100/week and the median household income is $81,224/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 Simpsons Bay?

Key demand drivers in Simpsons Bay include lifestyle appeal and proximity to the coast. 50% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Simpsons Bay?

According to the ABS 2021 Census, Simpsons Bay has a population of approximately 49. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Simpsons Bay from the Hobart CBD?

Simpsons Bay is approximately 44 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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