Flush with cash? Few Tas suburbs ready to buy now [Video]

AN under-the-radar suburb has been revealed as the most cash-positive area in Tasmania.

Exclusive Digital Finance Analytics data, commissioned by Betashares, shows the Tasmanian postcodes with the highest disposable income, but only a handful of households have enough in the kitty after rent or mortgage payments to fund a Hobart home or investment purchase.

Most would need to look to regional areas, and even then it would be out of reach for almost all of the 54 Tasmanian locations featured in the report.

DFA found small regional towns Sassafras and Henrietta — home to only hundreds of people — had the highest levels of average spare cash flow.

At $150,309, Sassafras households could afford a 20 per cent deposit, $143,800, for a median priced $719,000 Hobart house, or the $114,000 needed for a Hobart unit.

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