Suburb Profile Report for Ranelagh TAS (7109)

Ranelagh House: Median price $385,000, Annual capital growth 5.50%, Number of sales 27, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Ranelagh, 7109 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.67%

When looking at the potential capital gains offered to property investors over the last 3 years, Ranelagh comes in at number 98th in TAS.

Our latest figures would indicate that property sellers in Ranelagh are currently offering property investors an average price cut of -5.29% below the asking price at the moment.

Often selling an investment property can take time, and in Ranelagh the average time real estate has been on the market is 62.8 days.

Metrics i HOUSE UNIT
$385,000 N/A
-2.22% N/A
16.67% N/A
5.50% N/A
N/A N/A
27 N/A
N/A N/A
62.8 N/A

Source: CoreLogic

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