ABS 2021 Census · Updated 31 March 2026
Tolmans Hill is an inner-city suburb of Hobart, Australia, with a population of approximately 647, making it a boutique locality. Located 4 km from the Hobart CBD, Tolmans Hill is a inner city area in Tasmania. The median household income is $172,432 AUD per year (ABS 2021 Census).
Strong household incomes in Tolmans Hill underpin solid property demand. Close CBD access strengthens tenant appeal and resale value.
Map shows Tolmans Hill, Tasmania, Australia.
Official Australia Post postcode for Tolmans Hill. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Tolmans Hill on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →As an inner-city location, Tolmans Hill benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $625/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $2,400/month. A median household income of $172,432/year supports premium property values and indicates a well-employed resident base. 93% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Tolmans Hill's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.
Tolmans Hill's rental market favours investors seeking yield — occupancy rates are typically strong in this area.
Limited buyer depth in Tolmans Hill makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Tolmans Hill property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Tolmans Hill enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Tenant competition in Tolmans Hill continues to intensify, supporting landlords and rent stability. Tolmans Hill remains on the radar of active property investors in Tasmania.
Tolmans Hill is a inner city area in Tasmania with a population of 647. The median rent is $625/week and the median household income is $172,432/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Tolmans Hill include employment proximity and urban lifestyle. 93% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Tolmans Hill has a population of approximately 647. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Tolmans Hill is approximately 4 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.