Suburb Profile Report for Cremorne TAS (7024)

Cremorne House: Median price $767,500, Annual capital growth 19.76%, Number of sales 13, Weekly median advertised rent N/A

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of 58.25% for the last 12 months, Cremorne, 7024 has performed for property investments than its average annual 19.76% property growth over the last 5 years.

A 128.76% growth in median value for property investors in Cremorne,7024 puts this suburb at number 167th in terms of best performing suburbs in TAS

Situated 18.21km from the CBD, Cremorne is one of Clarence (C) localities in the postcode 7024.

Metrics i HOUSE UNIT
$767,500 N/A
-2.23% N/A
58.25% N/A
19.76% N/A
N/A N/A
13 N/A
N/A N/A
N/A N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very 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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