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Suburb Insights ยท TAS 7256

Surprise Bay 7256, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Surprise Bay is a regional centre in Tasmania, Australia, with a population of approximately 4, making it a boutique locality. Located approximately 419 km from the Hobart CBD, Surprise Bay is a regional area in Tasmania. The median household income is $71,500 AUD per year (ABS 2021 Census).

Investment Score

34 / 100 Weak

Household earnings in Surprise Bay are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Surprise Bay, Tasmania, Australia.

Key Indicators

Postcode
7256

Official Australia Post postcode for Surprise Bay. A postcode may cover multiple suburbs.

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Population
4

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

ABS Census Data โ†’
Median Rent (weekly)
N/A

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

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Median Household Income
$71,500/yr

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

ABS Census Data โ†’
Distance to CBD
419 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)
N/A

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

ABS Census Data โ†’
Dwelling Type
N/A

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, Surprise Bay 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.

Investment Strategy

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Buy & Hold

Holding property in Surprise Bay over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Surprise Bay's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Surprise Bay property

Full Property Analysis

30-year projections for Surprise Bay

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

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Surprise Bay is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Surprise Bay may face longer tenant search times; competitive pricing will be important. Surprise Bay is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Surprise Bay a good suburb for investment?

Surprise Bay is a regional area in Tasmania with a population of 4. the median household income is $71,500/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 Surprise Bay?

Key demand drivers in Surprise Bay include regional employment hubs, lifestyle, and affordability. The area has approximately 1 schools and 1 parks nearby.

What is the population of Surprise Bay?

According to the ABS 2021 Census, Surprise Bay has a population of approximately 4. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Surprise Bay from the Hobart CBD?

Surprise Bay is approximately 419 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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