Suburb Profile Report for Cremorne TAS (7024)

Cremorne House: Median price $475,000, Annual capital growth 4.87%, Number of sales 17, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Cremorne, 7024 have given investors a capital gain of 26.67%. This compares very favourably with the 3.25% for TAS as a whole.

Cremorne,7024 was ranked 29 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Cremorne should be aiming for at least -4.49% off the asking price, which is the average vendor discount being achieved at the moment.

The TAS suburb of Cremorne, 7024 is in the Clarence local government area.

HOUSE UNIT
$475,000 N/A
21.48% N/A
26.67% N/A
4.87% N/A
N/A N/A
17 N/A
N/A N/A
92.81 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 460
Median household income ($/weekly) 1422
Median age of persons 39
Median housing loan repayment ($/monthly) 1560
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 53 11.5
    25-34 years 60 13.0
    35-44 years 70 15.2
    45-54 years 67 14.6
    55-64 years 83 18.0
    Others 127 27.6
    Age Group
    Census Count Percent(%)
    Registered Married 181 55.0
    Not Married 115 35.0
    Defacto Relationship 33 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 402 91.0
    Greece 6 1.4
    Japan 3 0.7
    United Kingdom 22 5.0
    United States of America 6 1.4
    Others 3 0.7
    Country of Birth
    Census Count Percent(%)
    Christianity 246 57.3
    No Religion 171 39.9
    Other Religious Groups 9 2.1
    Buddhism 3 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 17 11.0
    $800-$999 12 7.8
    $1,000-$1,249 17 11.0
    $1,500-$1,999 31 20.1
    $2,000-$2,499 21 13.6
    Others 56 36.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 147 41.8
    Not in the labour force 109 31.0
    Employed, worked part-time 77 21.9
    Employed, away from work 10 2.8
    Unemployed, looking for work 9 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 22 9.2
    Professionals 72 30.3
    Technicians & trades workers 33 13.9
    Clerical & administrative workers 40 16.8
    Sales 21 8.8
    Others 50 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 8 8.1
    Infants/Primary 37 37.4
    Secondary 31 31.3
    Technical or Further Educational Institution 8 8.1
    University or other Tertiary Institutions 9 9.1
    Others 6 6.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 428 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    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 88 52.4
    Fully owned 60 35.7
    Rented 20 11.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals