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Suburb Insights ยท TAS 7054

Snug 7054, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Snug is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 1,440, making it a boutique locality. Located approximately 24 km from the Hobart CBD, Snug is a middle ring area in Tasmania. The median household income is $77,064 AUD per year (ABS 2021 Census).

Investment Score

51 / 100 Moderate

Moderate income levels in Snug indicate steady rental demand from working households.

Location

Map shows Snug, Tasmania, Australia.

Key Indicators

Postcode
7054

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

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Population
1,440

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

ABS Census Data โ†’
Median Rent (weekly)
$350/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
$77,064/yr

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

ABS Census Data โ†’
Distance to CBD
24 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)
$1,600/mo

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

ABS Census Data โ†’
Dwelling Type
89% 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

Snug's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,600/month. The median household income of $77,064/year reflects a solid demographic, supporting sustainable rental demand. 89% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Snug could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Snug are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Snug property

Full Property Analysis

30-year projections for Snug

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Growth in Snug through 2026 will likely be steady rather than spectacular, tracking the wider market. Tenants in Snug have options โ€” presenting well-maintained properties is key to minimising vacancy. Snug offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Snug a good suburb for investment?

Snug is a middle ring area in Tasmania with a population of 1,440. The median rent is $350/week and the median household income is $77,064/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 Snug?

Key demand drivers in Snug include established amenities and transport access. 89% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Snug?

According to the ABS 2021 Census, Snug has a population of approximately 1,440. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Snug from the Hobart CBD?

Snug is approximately 24 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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