Investor ranking · TAS
The best rental yield suburbs in Tasmania.
Suburbs with the highest gross rental yields, calculated from median price and weekly rent. Filtered to Tasmania suburbs only.
About this ranking
Gross rental yield is rent income as a percentage of property value, the headline cashflow metric for an investment property. Higher yield generally means stronger near-term cashflow but often correlates with lower capital growth, so this ranking is a starting point for cashflow-focused investors rather than long-term wealth-building.
Tasmania property market in 2026
Tasmania's market had a dramatic 2018-2022 run with Hobart prices nearly doubling. The 2023-2025 period was a flat-to-down breather; 2026 sees the market steady again with modest positive growth and strong rental demand. Hobart median house prices sit around $730K, and the gap to Launceston has narrowed meaningfully. The lifestyle premium that drove the 2018-2022 boom has cooled but hasn't reversed.
Buyer tip, TAS
Tasmania's first home buyer stamp duty exemption on established homes ended for settlements after 30 June 2026, so first home buyers now pay full duty. The help left is a $20K First Home Owner Grant on new homes, for transactions to 30 June 2027.Watch out, TAS
Tasmania's tighter rental market has driven some hostile commentary toward investors locally. Track council planning changes and any tenancy-law reforms before committing to a buy-and-hold strategy on the island.Methodology
Gross yield = (median weekly rent × 52) ÷ median house price × 100. Rent is the suburb's latest median from bond lodgements; price is the median the suburb's own page publishes. Victoria and Queensland are ranked. New South Wales is not, because its rents are published by postcode rather than by suburb. Suburbs under 1,000 residents and yields above 20% are left out.Best for
Cashflow-focused investors; rentvestors seeking properties that fund their own holding costs; SMSF investors where positive cashflow matters more than capital appreciation.
Common questions
About this ranking
What's a 'good' rental yield in Australia in 2026?
Capital city houses typically yield 2.5% to 4%, units 4% to 5.5%. Regional houses can yield 5% to 7%+. The 'good' threshold depends on holding costs (council rates, body corporate, insurance, management fees). Net yield after these costs is usually 1% to 1.5% lower than gross.
Does high yield always mean weak growth?
Not always but often. High-yield markets typically have lower price-to-rent ratios because growth expectations are lower. The exceptions are markets in early growth cycles (yield is high because prices haven't run yet) and structurally constrained regional centres (yield is high because supply is tight even with modest population).
How do I calculate net yield?
Take gross rent, subtract council rates, body corporate, insurance, property management fees (8-12%), maintenance allowance (1-1.5% of property value), and assumed vacancy (2-4 weeks per year). The remainder divided by property value is net yield. Most properties show net yield 1-1.5 percentage points below gross.
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