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Aerial view of Elizabeth Town, TAS

Aerial view

Imagery © Esri

The quick read on

Elizabeth Town

TAS 7304 · Meander Valley

What homes cost, how rents have moved, and a feel for the people who call it home.

Median house
$755,000

latest suburb median

Population
299

ABS 2021

Postcode
7304

Elizabeth Town, Tasmania

Property market insights for Elizabeth Town

Median sale price and rental income of properties in Elizabeth Town TAS

Median price trend for houses

Based on 5 sales in the preceding 12 months

$755,000

Up 2.4% over 12 months

$800k$600k$400k20212023202420252026
3 bed
$850k

Market data updated October 2026.

The median house price in Elizabeth Town, TAS is currently $755,000, based on the latest 12 months of sales. Elizabeth Town has a 12-month growth rate of 2.4% for houses.

Three-bedroom houses have a median sale price of $850,000 in Elizabeth Town.

Crime and safety

Is Elizabeth Town safe?

The overall rate for Elizabeth Town is 13,023 offences per 100,000 residents — 10% above the Rest of Tas. benchmark.

That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Elizabeth Town.

Overall crime rate

13,023

offences per 100,000 residents

10% aboveRest of Tas.

Elizabeth TownRest of Tas.: 11,845

Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.

The people behind the postcode

Who lives in Elizabeth Town?

Elizabeth Town TAS 7304 is in Tasmania, within Rest of Tas..

299 people call Elizabeth Town home, with an average of 2.3 people per household and a median household income of $1,187 a week.

Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.

Population
299
Median age
51 years
Median mortgage
$1,200 / month
2021 household rent
$300 / week
Above the benchmarkBelow the benchmarkIn lineRest of Tas. benchmark

Age profile

Share of residents in each age band.

Under 1514.4%Below
15–3417.7%Below
35–5422.4%Below
55–7436.8%Above
75 and over5.0%Below

Homes

Share of occupied private dwellings.

Separate houses103.3%Above
Townhouses0.0%Below
Apartments0.0%Below

Ownership

Share of homes with a stated ownership or rental status.

Owned outright55.5%Above
Paying a mortgage37.0%Above
Renting7.6%Below

Cars at home

Vehicles available to occupied households.

No car0.0%Below
One car23.0%Below
Two cars38.9%Above
Three or more32.5%Above

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home9.1%Above
Drove to work68.2%Above
Train, tram or bus0.0%Below
Walked or cycled3.8%In line

What stands out in Elizabeth Town

9.1% of workers in Elizabeth Town worked from home on Census day.

5.0% of Elizabeth Town residents were born in England.

55.5% of people in Elizabeth Town described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Elizabeth Town

Open any question for a plain-English reading of the public 2021 Census for Elizabeth Town TAS 7304.

Is Elizabeth Town family-friendly?Age, family structure and household size describe the community families would be joining.

14.4% of Elizabeth Town's residents were children under 15 in the 2021 Census. That is close to the Rest of Tas. average.

90 family households lived in Elizabeth Town; 24.4% were couple families and 20.0% were one-parent families.

20.0% of local families included children under 15. That is well below the Rest of Tas. average.

These are suburb-wide household figures, not school or childcare ratings.

What is the age profile of Elizabeth Town?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Elizabeth Town had 299 residents at the 2021 Census.

14.0% of residents were aged 25 to 44.

41.8% were 55 or older. That is somewhat above the Rest of Tas. average.

Age shares use the suburb’s total Census population.

What kind of homes are in Elizabeth Town?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 103.3% of occupied private dwellings in Elizabeth Town.

Townhouses and other attached homes represented 0.0% of occupied private dwellings.

Flats and apartments accounted for 0.0% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

Do people own or rent in Elizabeth Town?Tenure shows how many households own outright, have a mortgage or rent.

55.5% of households with a stated tenure owned their home outright. That is well above the Rest of Tas. average.

37.0% were buying their home with a mortgage.

7.6% rented their home. That is about half the Rest of Tas. rate.

Tenure shares include households that stated one of these three arrangements.

How large are households in Elizabeth Town?Household-size data shows the mix behind the suburb-wide average.

The average household in Elizabeth Town had 2.3 people.

One-person households made up 30.2% of occupied homes. That is almost exactly typical for Rest of Tas..

Two-person households represented 40.5%, while 13.5% had four or more usual residents.

Household size counts usual residents in occupied homes.

How do people get to work in Elizabeth Town?Census-day travel shows the balance between home, road, public transport and active travel.

9.1% of workers worked from home on Census day. That is close to the Rest of Tas. average.

68.2% drove a car as their only travel method. That is close to the Rest of Tas. average.

0.0% used only a train, tram or bus, while 3.8% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

How many cars do households have in Elizabeth Town?Vehicle availability helps describe the routines local households can support.

0.0% of occupied households had no motor vehicle available. That is about half the Rest of Tas. rate.

One-car households formed 23.0% of the total.

71.4% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

Who's moving to Elizabeth Town, and who stays?Address history shows how settled or recently mobile residents were at the Census date.

74.0% were at the same address five years earlier, while 26.0% reported a different address.

15.1% of residents were born outside Australia. That is close to the Rest of Tas. average.

Mobility figures cover residents who answered the relevant Census question.

What languages are spoken in Elizabeth Town?Language at home gives a direct view of the community’s everyday linguistic mix.

93.6% of residents used only English at home.

2.0% used a language other than English at home.

0.0% spoke Mandarin at home, 0.0% spoke Cantonese and 0.0% spoke Hindi.

Home language is separate from English proficiency.

Where were Elizabeth Town residents born?Birthplace adds another layer to the local story, separate from ancestry and language.

15.1% of Elizabeth Town's population was born outside Australia, while roughly 84.9% was born in Australia.

0.0% of residents were born in China.

0.0% were born in India, while Australian citizenship across the whole suburb stood at 92.6%.

Birthplace, citizenship and ancestry describe different parts of identity.

What ancestries shape Elizabeth Town?Ancestry responses show how residents describe family and cultural background.

English ancestry accounted for 51.8% of ancestry responses in Elizabeth Town.

Australian ancestry made up 36.1% of responses.

Chinese ancestry represented 0.0% of responses.

People may nominate more than one ancestry, so these are shares of responses.

What work do people do in Elizabeth Town?Occupation describes a person’s role; industry describes the sector employing them.

15.2% of employed residents worked in professional occupations. That is close to the Rest of Tas. average.

Managers accounted for 14.4% of employed residents, while clerical and administrative workers made up 7.6%.

Health care and social assistance employed 15.9% of workers, and education and training employed 9.8%.

Occupation and industry figures describe employed residents of the suburb.

How active is the workforce in Elizabeth Town?Participation, employment pattern and unemployment describe the resident labour force.

The labour-force participation rate was 54.5%, compared with 55.7% across Rest of Tas..

23.8% of residents aged 15 and over worked full time, while 21.9% worked part time.

Unemployment was 7.1%, compared with 5.6% across Rest of Tas..

Labour-force figures come from the 2021 Census.

What does the health profile of Elizabeth Town show?Selected long-term health conditions help describe community service needs.

48.5% reported no selected long-term health condition.

9.0% reported a long-term mental health condition, including depression or anxiety.

11.4% reported asthma, 15.4% arthritis and 5.4% diabetes excluding gestational diabetes.

These are self-reported suburb-wide Census figures, not address-level health risks.

How educated is Elizabeth Town?Qualifications describe the study pathways represented among local residents.

18.3% of people in the qualifications table held a bachelor degree. That is close to the Rest of Tas. average.

Postgraduate degrees accounted for 0.0% of qualification responses.

Diploma-level qualifications represented 16.0%, while certificate-level qualifications represented 42.0%.

Qualification categories are reported separately and are not school ratings.

What do incomes and housing costs look like in Elizabeth Town?Census income and household payments give historical context for local living costs.

Median household income was $1,187 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $1,200.

Occupied renting households reported a median rent of $300 per week.

These household figures are from 2021; current sale and asking-rent medians appear in the market section.

How does Elizabeth Town compare with Rest of Tas.?A few clear differences place the suburb in its wider metropolitan context.

Working from home was 9.1% in Elizabeth Town, compared with 7.9% across Rest of Tas..

Outright ownership was 55.5% locally and 41.1% across Rest of Tas.. That is well above the Rest of Tas. average.

Renting accounted for 7.6% in Elizabeth Town, against 25.6% across Rest of Tas..

Capital-region comparisons use the same Census definitions and year.

Three useful questions

A buyer’s quick guide to Elizabeth Town

Is Elizabeth Town expensive?

The median house price is $755,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Elizabeth Town good for families?

The Census counted 90 local families, and 14.4% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.

What can I get for $1.5m in Elizabeth Town?

3-bedroom houses have a median around $850,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.

Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.

Explore the area

Streets and suburbs around Elizabeth Town

13 streets in Elizabeth Town

Street-by-street reports are not published yet. The streets below are the ones this suburb covers.

  • Avenue Rd
  • Bass Hwy
  • Bennetts Rd
  • Bonney St
  • Christmas Hills Rd
  • East Parkham Rd
  • Gannons Hill Rd
  • Hill St
  • North St
  • Parkham Rd
  • Prout Street
  • Railton Rd
  • Samuel St

Keep exploring

Is Elizabeth Town right for your search?

Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.

Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.