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Suburb Insights ยท TAS 7304

Weegena 7304, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Weegena is a regional centre in Tasmania, Australia, with a population of approximately 89, making it a boutique locality. Located approximately 171 km from the Hobart CBD, Weegena is a regional area in Tasmania. The median household income is $68,224 AUD per year (ABS 2021 Census).

Investment Score

29 / 100 Weak

Lower income levels in Weegena typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Weegena, Tasmania, Australia.

Key Indicators

Postcode
7304

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

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Population
89

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

ABS Census Data โ†’
Median Rent (weekly)
$320/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$68,224/yr

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

ABS Census Data โ†’
Distance to CBD
171 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)
$781/mo

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

ABS Census Data โ†’
Dwelling Type
106% 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, Weegena 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 $320/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $781/month. 106% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Weegena over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Rental yields in Weegena are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Weegena property

Full Property Analysis

30-year projections for Weegena

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Weegena may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Weegena may face longer tenant search times; competitive pricing will be important. Weegena is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Weegena a good suburb for investment?

Weegena is a regional area in Tasmania with a population of 89. The median rent is $320/week and the median household income is $68,224/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 Weegena?

Key demand drivers in Weegena include regional employment hubs, lifestyle, and affordability. 106% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Weegena?

According to the ABS 2021 Census, Weegena has a population of approximately 89. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Weegena from the Hobart CBD?

Weegena is approximately 171 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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