Suburb Profile Report for Tranmere TAS (7018)

Tranmere House: Median price $602,500, Annual capital growth 3.48%, Number of sales 34, Weekly median advertised rent $415

Tranmere Unit: Median price $397,500, Annual capital growth 0.55%, Number of sales 12, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Tranmere has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.47%

When looking at the potential capital gains offered to property investors over the last 3 years, Tranmere comes in at number 10th in TAS.

Our latest figures would indicate that property sellers in Tranmere are currently offering property investors an average price cut of -3.29% below the asking price at the moment.

Tranmere, 7018’s gross rental yield is 3.58%

Tranmere has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -12.64% to date .

If we look at median property appreciation over just the last three months, Tranmere has given property investors a paper return of 3.25%. This puts Suburb as 15 on a list of fastest fasting appreciating suburbs in TAS

Our latest figures would indicate that property sellers in Tranmere are currently offering property investors an average price cut of -3.88% below the asking price at the moment.

HOUSE UNIT
$602,500 $397,500
N/A 3.25%
13.47% -12.64%
3.48% 0.55%
$415 N/A
34 12
3.58% N/A
73.8 87.6

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1441
Median household income ($/weekly) 1799
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 187 13.0
    25-34 years 147 10.2
    35-44 years 249 17.3
    45-54 years 230 16.0
    55-64 years 176 12.2
    Others 453 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 710 67.4
    Not Married 260 24.7
    Defacto Relationship 84 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1230 86.9
    Croatia 15 1.1
    Greece 16 1.1
    United Kingdom 69 4.9
    Other 18 1.3
    Others 68 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.5
    Christianity 1034 75.0
    Hinduism 3 0.2
    Judaism 6 0.4
    No Religion 325 23.6
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 43 9.2
    $1,500-$1,999 64 13.7
    $2,000-$2,499 75 16.1
    $2,500-$2,999 48 10.3
    $3,000-$3,499 54 11.6
    Others 182 39.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 462 41.4
    Not in the labour force 336 30.1
    Employed, worked part-time 258 23.1
    Employed, away from work 36 3.2
    Unemployed, looking for work 25 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 131 17.4
    Professionals 197 26.1
    Technicians & trades workers 80 10.6
    Community & personal service workers 81 10.7
    Clerical & administrative workers 131 17.4
    Others 134 17.8
    Occupation
    Census Count Percent(%)
    Pre-school 14 4.2
    Infants/Primary 148 43.9
    Secondary 97 28.8
    Technical or Further Educational Institution 29 8.6
    University or other Tertiary Institutions 43 12.8
    Others 6 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1297 93.5
    Semi-detached, row or terrace house, townhouse 90 6.5
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 265 52.1
    Fully owned 182 35.8
    Rented 62 12.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals