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Suburb Insights ยท TAS 7116

Surveyors Bay 7116, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Surveyors Bay is a regional centre in Tasmania, Australia, with a population of approximately 56, making it a boutique locality. Located approximately 49 km from the Hobart CBD, Surveyors Bay is a regional area in Tasmania. The median household income is $50,232 AUD per year (ABS 2021 Census).

Investment Score

29 / 100 Weak

Household earnings in Surveyors Bay are below the state average, which may affect long-term capital growth. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Surveyors Bay, Tasmania, Australia.

Key Indicators

Postcode
7116

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

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Population
56

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

ABS Census Data โ†’
Median Rent (weekly)
$280/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
$50,232/yr

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

ABS Census Data โ†’
Distance to CBD
49 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)
$1,018/mo

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

ABS Census Data โ†’
Dwelling Type
37% 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, Surveyors 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. The median rent of $280/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,018/month. With only 37% separate houses, Surveyors Bay has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Long-term holding in Surveyors Bay requires careful assessment of local economic resilience.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Surveyors Bay property

Full Property Analysis

30-year projections for Surveyors 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 Surveyors Bay 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 Surveyors Bay's 2026 outlook. Surveyors Bay is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Surveyors Bay a good suburb for investment?

Surveyors Bay is a regional area in Tasmania with a population of 56. The median rent is $280/week and the median household income is $50,232/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 Surveyors Bay?

Key demand drivers in Surveyors Bay include regional employment hubs, lifestyle, and affordability. 37% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Surveyors Bay?

According to the ABS 2021 Census, Surveyors Bay has a population of approximately 56. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Surveyors Bay from the Hobart CBD?

Surveyors Bay is approximately 49 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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