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Suburb Insights ยท TAS 7018

Tranmere 7018, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Tranmere is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 2,218, making it a boutique locality. Located approximately 9 km from the Hobart CBD, Tranmere is a middle ring area in Tasmania. The median household income is $126,620 AUD per year (ABS 2021 Census).

Investment Score

75 / 100 Good

Strong household incomes in Tranmere underpin solid property demand. Its proximity to the CBD adds a strong location premium.

Location

Map shows Tranmere, Tasmania, Australia.

Key Indicators

Postcode
7018

Official Australia Post postcode for Tranmere. A postcode may cover multiple suburbs.

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Population
2,218

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

ABS Census Data โ†’
Median Rent (weekly)
$550/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
$126,620/yr

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

ABS Census Data โ†’
Distance to CBD
9 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)
$2,072/mo

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

ABS Census Data โ†’
Dwelling Type
94% 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

Tranmere's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $550/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,072/month. A median household income of $126,620/year supports premium property values and indicates a well-employed resident base. 94% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Tranmere's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Rental returns in Tranmere are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Tranmere

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Tranmere enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Confidence in Tranmere's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Tranmere a good suburb for investment?

Tranmere is a middle ring area in Tasmania with a population of 2,218. The median rent is $550/week and the median household income is $126,620/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 Tranmere?

Key demand drivers in Tranmere include established amenities and transport access. 94% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Tranmere?

According to the ABS 2021 Census, Tranmere has a population of approximately 2,218. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Tranmere from the Hobart CBD?

Tranmere is approximately 9 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.

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