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Suburb Insights ยท TAS 7150

Upper Woodstock 7150, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Upper Woodstock is a coastal suburb in Tasmania, Australia, with a population of approximately 66, making it a boutique locality. Located approximately 30 km from the Hobart CBD, Upper Woodstock is a coastal area in Tasmania. The median household income is $90,948 AUD per year (ABS 2021 Census).

Investment Score

53 / 100 Moderate

Above-average earnings in Upper Woodstock support sustained property values. The coastal setting provides a lifestyle factor that underpins property values.

Location

Map shows Upper Woodstock, Tasmania, Australia.

Key Indicators

Postcode
7150

Official Australia Post postcode for Upper Woodstock. A postcode may cover multiple suburbs.

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Population
66

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

ABS Census Data โ†’
Median Rent (weekly)
$300/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
$90,948/yr

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

ABS Census Data โ†’
Distance to CBD
30 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)
$1,450/mo

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

ABS Census Data โ†’
Dwelling Type
82% 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

Coastal lifestyle is a strong draw for Upper Woodstock, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Tasmania consistently attract interstate migration and lifestyle buyers. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,450/month. The median household income of $90,948/year reflects a solid demographic, supporting sustainable rental demand. 82% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Upper Woodstock offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Upper Woodstock can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Upper Woodstock

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Upper Woodstock is expected to see moderate price growth in 2026 as the broader Tasmania market stabilises. Tenants in Upper Woodstock have options โ€” presenting well-maintained properties is key to minimising vacancy. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Upper Woodstock a good suburb for investment?

Upper Woodstock is a coastal area in Tasmania with a population of 66. The median rent is $300/week and the median household income is $90,948/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 Upper Woodstock?

Key demand drivers in Upper Woodstock include lifestyle appeal and proximity to the coast. 82% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Upper Woodstock?

According to the ABS 2021 Census, Upper Woodstock has a population of approximately 66. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Upper Woodstock from the Hobart CBD?

Upper Woodstock is approximately 30 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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