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Suburb Insights · TAS 7150

Simpsons Bay, TAS 7150 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Hobart
Simpsons Bay
Tasmania · 7150
44 km from Hobart CBD
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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 the most recent census.

Median weekly rent
$100/wk

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

Median household income
$81,224/yr

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

Distance to CBD
44 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
$1,777/mo

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

Home type
50% houses

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

Investment Insight

Simpsons Bay is a smaller community of 49 — about 1% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Households here earn $81,224/year on average — 10% above the TAS suburb median of $73,944 — a modest premium that supports resilient owner-occupier demand. Weekly rent of $100 covers just 24% of the median $1,777/month mortgage repayment, leaving a $1,344/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. At 44 km from Hobart, Simpsons Bay is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price. Only 50% 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.

Simpsons Bay vs Tasmania Median

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

MetricSimpsons BayTAS medianΔ vs state
Population493,902-99%
Median household income$81,224/yr$73,944/yr+10%
Median rent (weekly)$100$320-69%
Median mortgage (monthly)$1,777$1,378+29%
Distance to CBD44 km24 km+83%
Separate houses50%80%-30pp

Investor Checklist

Pre-inspection briefing for Simpsons Bay — 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 49 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Weak cash flow: $100/week rent covers only 24% of the $1,777/month median mortgage — a $1,344/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

Renovation / Flip

Only 50% 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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30-year projections for Simpsons Bay

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Simpsons Bay are modest for 2026 — incomes 10% above the TAS median of $73,944 and a population of 49 suggest gains will lag headline metro markets. Rental coverage runs at ~24% of the typical mortgage ($433/month rent vs $1,777/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 46/100 places Simpsons Bay in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Simpsons Bay a good suburb for investment?

Simpsons Bay scores 46/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 49, median household income of $81,224/year and median weekly rent of $100. 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 Simpsons Bay?

The main demand drivers in Simpsons Bay are an above-state-median household income of $81,224/year, a dwelling mix that is 50% 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 Simpsons Bay?

Simpsons Bay has a usual resident population of approximately 49, 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 Simpsons Bay from the Hobart CBD?

Simpsons Bay sits 44 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 Simpsons Bay?

The most recent census recorded a median weekly rent of $100 in Simpsons Bay, equating to approximately $5,200/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 Simpsons Bay?

The median monthly mortgage repayment in Simpsons Bay is $1,777, or approximately $21,324/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 Simpsons Bay cash-flow positive for investors?

A median weekly rent of $100 works out to $433/month, covering 24% of the median mortgage repayment of $1,777/month. That leaves a $1,344/month shortfall (around $16,128/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 Simpsons Bay?

The main risks are a thin buyer pool (49 residents), interest-rate sensitivity on the $1,777 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 Simpsons Bay 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