Free full calculator โ†’
Suburb Insights ยท TAS 7330

South Forest 7330, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

South Forest is a regional centre in Tasmania, Australia, with a population of approximately 100, making it a boutique locality. Located approximately 280 km from the Hobart CBD, South Forest is a regional area in Tasmania. The median household income is $74,724 AUD per year (ABS 2021 Census).

Investment Score

32 / 100 Weak

South Forest has a solid income profile that supports reliable occupancy rates. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows South Forest, Tasmania, Australia.

Key Indicators

Postcode
7330

Official Australia Post postcode for South Forest. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
100

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

ABS Census Data โ†’
Median Rent (weekly)
$225/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
$74,724/yr

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

ABS Census Data โ†’
Distance to CBD
280 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.

Find schools near South Forest on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$867/mo

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

ABS Census Data โ†’
Dwelling Type
107% 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, South Forest 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 $225/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $867/month. 107% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โš ๏ธ
Buy & Hold

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

โŒ
Rental Yield

South Forest's rental market is softer โ€” budget for potential vacancy periods.

โŒ
Renovation / Flip

The resale market in South Forest may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a South Forest property

Full Property Analysis

30-year projections for South Forest

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

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in South Forest is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in South Forest's 2026 outlook. Investor sentiment toward South Forest is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is South Forest a good suburb for investment?

South Forest is a regional area in Tasmania with a population of 100. The median rent is $225/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 South Forest?

Key demand drivers in South Forest include regional employment hubs, lifestyle, and affordability. 107% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of South Forest?

According to the ABS 2021 Census, South Forest has a population of approximately 100. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is South Forest from the Hobart CBD?

South Forest is approximately 280 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.

Explore Nearby Suburbs

Tasmania Property Resources