Suburb Profile Report for Rocherlea TAS (7248)

Rocherlea House: Median price $142,500, Annual capital growth 1.87%, Number of sales 13, Weekly median advertised rent $210

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

Source: CoreLogic

  • House Report

TAS has seen average median house prices change by 3.25% which means that Rocherlea, 7248 has done well for property investors by showing a capital gain of -3.39% over the last year

Taking the average capital gain, or increase in median house value, Rocherlea,7248 has racked up an average of -3.39% over the period. This ranks it number 1814th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rocherlea, 7248. Typically our figures indicate that -5.60% is being offered, which puts this TAS suburb at 2081th most discounted overall in Australia.

A $210 per week rent on the median house gives suburb investors a gross yield of circa 7.66%, without taking into account capital value appreciation, which has been averaging out at 1.87%.

HOUSE UNIT
$142,500 N/A
N/A N/A
-3.39% N/A
1.87% N/A
$210 N/A
13 N/A
7.66% N/A
110.26 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1088
Median household income ($/weekly) 552
Median age of persons 28
Median housing loan repayment ($/monthly) 867
Average household size 2.5
  • Census Count Percent(%)
    0-4 years 137 12.6
    5-14 years 179 16.4
    25-34 years 134 12.3
    35-44 years 123 11.3
    45-54 years 166 15.2
    Others 350 32.1
    Age Group
    Census Count Percent(%)
    Not Married 424 61.0
    Registered Married 191 27.5
    Defacto Relationship 80 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 945 96.2
    Greece 3 0.3
    Papua New Guinea 6 0.6
    United Kingdom 13 1.3
    Other 6 0.6
    Others 9 0.9
    Country of Birth
    Census Count Percent(%)
    Christianity 584 64.1
    No Religion 323 35.5
    Other Religious Groups 4 0.4
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 31 9.0
    $300-$399 74 21.6
    $400-$599 66 19.2
    $600-$799 56 16.3
    $1,000-$1,249 32 9.3
    Others 84 24.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 371 53.1
    Employed, worked full-time 122 17.5
    Employed, worked part-time 101 14.4
    Unemployed, looking for work 92 13.2
    Employed, away from work 13 1.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 30 12.7
    Community & personal service workers 38 16.0
    Sales 27 11.4
    Machinery operators & drivers 39 16.5
    Labourers 60 25.3
    Others 43 18.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 97 42.9
    Secondary 78 34.5
    Technical or Further Educational Institution 28 12.4
    University or other Tertiary Institutions 13 5.8
    Pre-school 10 4.4
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 914 90.0
    Semi-detached, row or terrace house, townhouse 52 5.1
    Flat, unit or apartment 50 4.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 268 70.5
    Being purchased 68 17.9
    Fully owned 44 11.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals