Suburb Profile Report for Ranelagh TAS (7109)

Ranelagh House: Median price $326,000, Annual capital growth 5.38%, Number of sales 37, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

At number 3391th in the list of Australian suburbs ordered by increase in median house value over the last year, Ranelagh, 7109 is in the BOTTOM 20% with a property value increase of -3.26% recorded in median house prices.

A 29.11% growth in median value for property investors in Ranelagh,7109 puts this suburb at number 153th in terms of best performing suburbs in TAS

Sellers are offering property buyers an average discount of -3.46% to buyers in Ranelagh at the moment, which is less than average for the rest of TAS.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.79%, without taking into account capital value appreciation, which has been averaging out at 5.38%.

Metrics i HOUSE UNIT
$326,000 N/A
-1.21% N/A
-3.26% N/A
5.38% N/A
$300 N/A
37 N/A
4.79% N/A
31.69 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 1025
Median household income ($/weekly) 1103
Median age of persons 32
Median housing loan repayment ($/monthly) 1300
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 151 14.7
    25-34 years 169 16.5
    35-44 years 138 13.5
    45-54 years 127 12.4
    55-64 years 118 11.5
    Others 322 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 376 53.8
    Not Married 224 32.0
    Defacto Relationship 99 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 894 90.2
    New Zealand 7 0.7
    Papua New Guinea 8 0.8
    United Kingdom 40 4.0
    Other 13 1.3
    Others 29 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 541 59.1
    No Religion 362 39.5
    Buddhism 6 0.7
    Other Religious Groups 4 0.4
    Islam 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 46 14.2
    $1,000-$1,249 35 10.8
    $1,250-$1,499 35 10.8
    $1,500-$1,999 51 15.7
    $2,000-$2,499 36 11.1
    Others 122 37.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 299 40.1
    Not in the labour force 233 31.2
    Employed, worked part-time 155 20.8
    Employed, away from work 33 4.4
    Unemployed, looking for work 26 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 61 12.5
    Technicians & trades workers 93 19.0
    Clerical & administrative workers 70 14.3
    Sales 51 10.4
    Labourers 84 17.2
    Others 130 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 7 3.2
    Infants/Primary 99 45.2
    Secondary 66 30.1
    Technical or Further Educational Institution 24 11.0
    University or other Tertiary Institutions 16 7.3
    Others 7 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 936 98.8
    Semi-detached, row or terrace house, townhouse 5 0.5
    Caravan, cabin, houseboat 3 0.3
    House or flat attached to a shop, office 3 0.3
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 189 54.3
    Fully owned 101 29.0
    Rented 53 15.2
    Other tenure type 5 1.4
    Tenure Type
Census 2011, ABS
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