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ABS 2021 Census · Updated 21 May 2026
Wattle Hill is a regional centre in Tasmania, Australia, with a population of approximately 176, making it a boutique locality. Located approximately 31 km from the Hobart CBD, Wattle Hill is a regional area in Tasmania. The median household income is $85,748 per year.
Household incomes in Wattle Hill sit in a comfortable mid-range for the Tasmania market. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Official Australia Post postcode for Wattle Hill. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Wattle Hill on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Wattle Hill is a smaller community of 176 — about 5% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $85,748/year runs 16% above the Tasmania suburb median of $73,944, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $235/week (77% coverage of the $1,322/month median mortgage) leaves a gap of roughly $304/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 31 km from Hobart, Wattle Hill is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.
How Wattle Hill stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Wattle Hill sits above the state median; negative means below.
| Metric | Wattle Hill | TAS median | Δ vs state |
|---|---|---|---|
| Population | 176 | 3,902 | -95% |
| Median household income | $85,748/yr | $73,944/yr | +16% |
| Median rent (weekly) | $235 | $320 | -27% |
| Median mortgage (monthly) | $1,322 | $1,378 | -4% |
| Distance to CBD | 31 km | 24 km | +29% |
| Separate houses | 87% | 80% | +7pp |
Pre-inspection briefing for Wattle Hill — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 176 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.
Moderate rental coverage: rent of $235/week covers 77% of a $1,322/month mortgage, leaving a $304/month gap that an investor bridges with equity, depreciation and tax benefits.
With 87% houses in a 176-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Wattle Hill property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Wattle Hill are modest for 2026 — incomes 16% above the TAS median of $73,944 and a population of 176 suggest gains will lag headline metro markets. Rental coverage runs at ~77% of the typical mortgage ($1,018/month rent vs $1,322/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 40/100 places Wattle Hill in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Wattle Hill scores 40/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 176, median household income of $85,748/year and median weekly rent of $235. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Wattle Hill are an above-state-median household income of $85,748/year, a dwelling mix that is 87% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Wattle Hill has a usual resident population of approximately 176, compared with a Tasmania suburb median of 3,902 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Wattle Hill sits 31 km straight-line from the Hobart CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
The most recent census recorded a median weekly rent of $235 in Wattle Hill, equating to approximately $12,220/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Wattle Hill is $1,322, or approximately $15,864/year (vs $1,378/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $235 works out to $1,018/month, covering 77% of the median mortgage repayment of $1,322/month. That leaves a $304/month shortfall (around $3,648/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (176 residents), interest-rate sensitivity on the $1,322 median mortgage, the broader Tasmania market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.