Suburb Profile Report for Cremorne TAS (7024)

Cremorne House: Median price $485,000, Annual capital growth 8.47%, 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

Property value increases in Cremorne have tracked higher than the TAS average of 7.09% over the last 12 months.

Over the longer term, Cremorne has seen property prices show investors a 42.65% return over the last 3 years. This is worse than over the last 12 months

In the last year 12 properties changed hands in Cremorne, which puts it as the 180th most active market in TAS when comparing the number of sales per suburb.

Situated 18.45km from the CBD, Cremorne is one of Clarence localities in the postcode 7024.

Metrics i HOUSE UNIT
$485,000 N/A
-11.42% N/A
24.04% N/A
8.47% N/A
N/A N/A
12 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (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
Chart Table
Recent sales & rentals