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Suburb Insights ยท TAS 7216

The Gardens 7216, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

The Gardens is a regional centre in Tasmania, Australia, with a population of approximately 16, making it a boutique locality. Located approximately 206 km from the Hobart CBD, The Gardens is a regional area in Tasmania. The median household income is $116,948 AUD per year (ABS 2021 Census).

Investment Score

50 / 100 Moderate

Strong household incomes in The Gardens underpin solid property demand. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows The Gardens, Tasmania, Australia.

Key Indicators

Postcode
7216

Official Australia Post postcode for The Gardens. A postcode may cover multiple suburbs.

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Population
16

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

ABS Census Data โ†’
Median Rent (weekly)
$50/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
$116,948/yr

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

ABS Census Data โ†’
Distance to CBD
206 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)
$1,192/mo

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

ABS Census Data โ†’
Dwelling Type
12% 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, The Gardens 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 $50/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,192/month. A median household income of $116,948/year supports premium property values and indicates a well-employed resident base. With only 12% separate houses, The Gardens has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in The Gardens could work well with careful property selection and a longer time horizon.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a The Gardens property

Full Property Analysis

30-year projections for The Gardens

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: Moderate

Capital growth in The Gardens may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in The Gardens is thinner โ€” flexible lease terms could help secure tenants faster. The Gardens offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is The Gardens a good suburb for investment?

The Gardens is a regional area in Tasmania with a population of 16. The median rent is $50/week and the median household income is $116,948/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 The Gardens?

Key demand drivers in The Gardens include regional employment hubs, lifestyle, and affordability. 12% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of The Gardens?

According to the ABS 2021 Census, The Gardens has a population of approximately 16. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is The Gardens from the Hobart CBD?

The Gardens is approximately 206 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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