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ABS 2021 Census · Updated 21 May 2026
West Hobart is an inner-city suburb of Hobart, Australia, with a population of approximately 6,525, making it a smaller community. Located 2 km from the Hobart CBD, West Hobart is a inner city area in Tasmania. The median household income is $103,792 per year.
Above-average earnings in West Hobart support sustained property values. The short commute to the city centre is a key demand driver.
Official Australia Post postcode for West Hobart. 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 2 schools within or near this suburb.
Find schools near West Hobart on My School →Estimated 3 parks 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.
West Hobart's population of 6,525 sits 67% above the Tasmania suburb median of 3,902, giving it a wider tenant and buyer catchment than the average TAS locality. Median household income of $103,792/year runs 40% 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 $400/week (89% coverage of the $1,950/month median mortgage) leaves a gap of roughly $217/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 2 km from the Hobart CBD, West Hobart sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.
This suburb suits investors prioritising tenant demand over capital-cost efficiency. Rents are supported by proximity to amenities, but strata fees and entry prices can eat into yield. Local rents consume roughly 20% of household income — a useful sanity check on tenant affordability.
How West Hobart stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean West Hobart sits above the state median; negative means below.
| Metric | West Hobart | TAS median | Δ vs state |
|---|---|---|---|
| Population | 6,525 | 3,902 | +67% |
| Median household income | $103,792/yr | $73,944/yr | +40% |
| Median rent (weekly) | $400 | $320 | +25% |
| Median mortgage (monthly) | $1,950 | $1,378 | +42% |
| Distance to CBD | 2 km | 24 km | -92% |
| Separate houses | 70% | 80% | -10pp |
Pre-inspection briefing for West Hobart — every item is derived from public datasets, with full citations in our data sources page.
Strong buy-and-hold fundamentals: household incomes run 40% above the Tasmania suburb median ($103,792 vs $73,944), and the 2 km CBD distance keeps this suburb in the primary demand zone. In Tasmania, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.
Strong rental coverage: $400/week (~$1,733/month) covers 89% of the $1,950/month median mortgage repayment, so the shortfall sits at just $217/month. Investors targeting positive cash flow should shortlist this suburb.
Only 70% of dwellings are separate houses (vs 80% TAS median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Run the numbers on a West Hobart property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →West Hobart enters 2026 with a demographic tailwind — household incomes 40% above the Tasmania suburb median of $73,944 and a population of 6,525 give it the depth and purchasing power to outperform the wider TAS market over the next 12–18 months. Rental coverage runs at ~89% of the typical mortgage ($1,733/month rent vs $1,950/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 82/100 places West Hobart in the top tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.
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West Hobart scores 82/100 on our EquitySight investment framework — a strong rating. That score is driven by a population of 6,525, median household income of $103,792/year and median weekly rent of $400. 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 West Hobart are proximity to Hobart (2 km), an above-state-median household income of $103,792/year, a dwelling mix that is 70% separate houses, roughly 2 schools and 3 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.
West Hobart has a usual resident population of approximately 6,525, compared with a Tasmania suburb median of 3,902 — placing it in the upper 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.
West Hobart sits 2 km straight-line from the Hobart CBD. This is inner-ring territory — pricing competes directly with established Hobart employment nodes.
The most recent census recorded a median weekly rent of $400 in West Hobart, equating to approximately $20,800/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 West Hobart is $1,950, or approximately $23,400/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 $400 works out to $1,733/month, covering 89% of the median mortgage repayment of $1,950/month. That leaves a $217/month shortfall (around $2,604/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 interest-rate sensitivity on the $1,950 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.