Suburb Profile Report for Ranelagh TAS (7109)

Ranelagh House: Median price $420,000, Annual capital growth 5.90%, Number of sales 30, Weekly median advertised rent $350

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property value increases in Ranelagh have tracked close to the TAS average of 7.30% over the last 12 months.

While Ranelagh,7109 ranked number 58th in TAS for increase in median house value (annualised) increase, it is ranked 39th over the last 5 years.

At number 97th of TAS’s most discounted properties, Ranelagh is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Ranelagh, 7109’s gross rental yield is 4.33%

Metrics i HOUSE UNIT
$420,000 N/A
3.19% N/A
6.33% N/A
5.90% N/A
$350 N/A
30 N/A
4.33% N/A
56.4736842105263 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Balanced (U)
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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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