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Suburb Insights ยท TAS 7162

Woodbridge 7162, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Woodbridge is a regional centre in Tasmania, Australia, with a population of approximately 547, making it a boutique locality. Located approximately 32 km from the Hobart CBD, Woodbridge is a regional area in Tasmania. The median household income is $80,600 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Woodbridge has a solid income profile that supports reliable occupancy rates. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Woodbridge, Tasmania, Australia.

Key Indicators

Postcode
7162

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

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Population
547

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

ABS Census Data โ†’
Median Rent (weekly)
$350/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
$80,600/yr

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

ABS Census Data โ†’
Distance to CBD
32 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)
$1,950/mo

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

ABS Census Data โ†’
Dwelling Type
91% 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, Woodbridge 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 $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,950/month. The median household income of $80,600/year reflects a solid demographic, supporting sustainable rental demand. 91% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

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Renovation / Flip

The resale market in Woodbridge may not support quick-turnaround renovation projects.

Risk Factors

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Full Property Analysis

30-year projections for Woodbridge

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Woodbridge faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Woodbridge's 2026 outlook. Investor sentiment toward Woodbridge is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Woodbridge a good suburb for investment?

Woodbridge is a regional area in Tasmania with a population of 547. The median rent is $350/week and the median household income is $80,600/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 Woodbridge?

Key demand drivers in Woodbridge include regional employment hubs, lifestyle, and affordability. 91% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Woodbridge?

According to the ABS 2021 Census, Woodbridge has a population of approximately 547. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Woodbridge from the Hobart CBD?

Woodbridge is approximately 32 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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