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Suburb Insights ยท TAS 7330

Smithton 7330, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Smithton is a regional centre in Tasmania, Australia, with a population of approximately 3,934, making it a boutique locality. Located approximately 290 km from the Hobart CBD, Smithton is a regional area in Tasmania. The median household income is $61,828 AUD per year (ABS 2021 Census).

Investment Score

39 / 100 Weak

Lower income levels in Smithton typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Smithton, Tasmania, Australia.

Key Indicators

Postcode
7330

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

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Population
3,934

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

ABS Census Data โ†’
Median Rent (weekly)
$222/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$61,828/yr

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

ABS Census Data โ†’
Distance to CBD
290 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
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,083/mo

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

ABS Census Data โ†’
Dwelling Type
83% 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, Smithton 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 $222/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,083/month. 83% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Capital growth in Smithton may be constrained โ€” consider alternative strategies.

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Rental Yield

Rental yields in Smithton tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Smithton property

Full Property Analysis

30-year projections for Smithton

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Smithton may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Smithton is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Smithton a good suburb for investment?

Smithton is a regional area in Tasmania with a population of 3,934. The median rent is $222/week and the median household income is $61,828/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 Smithton?

Key demand drivers in Smithton include regional employment hubs, lifestyle, and affordability. 83% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Smithton?

According to the ABS 2021 Census, Smithton has a population of approximately 3,934. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Smithton from the Hobart CBD?

Smithton is approximately 290 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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