Suburb Profile Report for Cremorne TAS (7024)

Cremorne House: Median price $460,000, Annual capital growth 3.95%, Number of sales 11, Weekly median advertised rent $480

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

Investment property in Cremorne has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.24%

When looking at the potential capital gains offered to property investors over the last 3 years, Cremorne comes in at number 162th in TAS.

Residents and property investors in Cremorne have been waiting around 6 days to sell a property.

Using the current median advertised rental of $480 and the average annual increase in value of a median property of 3.95%, investors should hope to achieve an overall return of 5.43%

Metrics i HOUSE UNIT
$460,000 N/A
5.14% N/A
8.24% N/A
3.95% N/A
$480 N/A
11 N/A
5.43% N/A
6 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Balanced (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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