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Suburb Insights ยท TAS 7250

St Leonards 7250, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

St Leonards is a regional centre in Tasmania, Australia, with a population of approximately 2,351, making it a boutique locality. Located approximately 158 km from the Hobart CBD, St Leonards is a regional area in Tasmania. The median household income is $81,744 AUD per year (ABS 2021 Census).

Investment Score

39 / 100 Weak

Household incomes in St Leonards 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

Map shows St Leonards, Tasmania, Australia.

Key Indicators

Postcode
7250

Official Australia Post postcode for St Leonards. A postcode may cover multiple suburbs.

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Population
2,351

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

ABS Census Data โ†’
Median Rent (weekly)
$290/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
$81,744/yr

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

ABS Census Data โ†’
Distance to CBD
158 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)
$1,300/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

As a regional centre, St Leonards 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 $290/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month. The median household income of $81,744/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

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

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Rental Yield

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

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Renovation / Flip

Renovation or flip strategies in St Leonards face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for St Leonards

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in St Leonards may remain subdued in 2026, with limited demand drivers in the near term. Landlords in St Leonards may face longer tenant search times; competitive pricing will be important. St Leonards is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is St Leonards a good suburb for investment?

St Leonards is a regional area in Tasmania with a population of 2,351. The median rent is $290/week and the median household income is $81,744/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 St Leonards?

Key demand drivers in St Leonards include regional employment hubs, lifestyle, and affordability. 89% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of St Leonards?

According to the ABS 2021 Census, St Leonards has a population of approximately 2,351. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is St Leonards from the Hobart CBD?

St Leonards is approximately 158 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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