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Suburb Insights · TAS 7316

South Riana, TAS 7316 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

South Riana is a regional centre in Tasmania, Australia, with a population of approximately 212, making it a boutique locality. Located approximately 213 km from the Hobart CBD, South Riana is a regional area in Tasmania. The median household income is $79,872 per year.

Investment Score

36 / 100 Weak

Household incomes in South Riana sit in a comfortable mid-range for the Tasmania market. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Hobart
South Riana
Tasmania · 7316
213 km from Hobart CBD
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Key Indicators

Postcode
7316

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

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Population
212

Usual resident population at the most recent census.

Median weekly rent
$300/wk

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

Median household income
$79,872/yr

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

Distance to CBD
213 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
$1,300/mo

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

Home type
92% houses

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

Investment Insight

South Riana is a smaller community of 212 — about 5% 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 $79,872/year on average — 8% above the TAS suburb median of $73,944 — a modest premium that supports resilient owner-occupier demand. Median weekly rent of $300 equates to $1,300/month — about 100% of the median mortgage repayment of $1,300/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. South Riana is 213 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

South Riana vs Tasmania Median

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

MetricSouth RianaTAS medianΔ vs state
Population2123,902-95%
Median household income$79,872/yr$73,944/yr+8%
Median rent (weekly)$300$320-6%
Median mortgage (monthly)$1,300$1,378-6%
Distance to CBD213 km24 km+788%
Separate houses92%80%+12pp

Investor Checklist

Pre-inspection briefing for South Riana — 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 212 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Strong rental coverage: $300/week (~$1,300/month) covers 100% of the $1,300/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 92% houses in a 212-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a South Riana property

Full Property Analysis

30-year projections for South Riana

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for South Riana are modest for 2026 — incomes 8% above the TAS median of $73,944 and a population of 212 suggest gains will lag headline metro markets. Rental coverage runs at ~100% of the typical mortgage ($1,300/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 36/100 places South Riana in the lower 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 South Riana a good suburb for investment?

South Riana scores 36/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 212, median household income of $79,872/year and median weekly rent of $300. 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 South Riana?

The main demand drivers in South Riana are an above-state-median household income of $79,872/year, a dwelling mix that is 92% 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 South Riana?

South Riana has a usual resident population of approximately 212, 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 South Riana from the Hobart CBD?

South Riana sits 213 km straight-line from the Hobart CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in South Riana?

The most recent census recorded a median weekly rent of $300 in South Riana, equating to approximately $15,600/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 South Riana?

The median monthly mortgage repayment in South Riana is $1,300, or approximately $15,600/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 South Riana cash-flow positive for investors?

A median weekly rent of $300 works out to $1,300/month, covering 100% of the median mortgage repayment of $1,300/month. That means rent exceeds the median repayment by roughly $-0/month, so on these numbers South Riana leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. 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 South Riana?

The main risks are a thin buyer pool (212 residents), interest-rate sensitivity on the $1,300 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 South Riana 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