Suburb Profile Report for Rocherlea TAS (7248)

Rocherlea House: Median price $148,000, Annual capital growth -7.26%, Number of sales 20, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report

Property value increases in Rocherlea have tracked lower than the TAS average of 8.84% over the last 12 months.

Property investors looking for a bargain in Rocherlea should be aiming for at least -5.66% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $230 and the average annual increase in value of a median property of -1.02%, investors should hope to achieve an overall return of 8.25%

Metrics i HOUSE UNIT
$148,000 N/A
0.68% N/A
-6.62% N/A
-7.26% N/A
$230 N/A
20 N/A
8.08% N/A
59.94 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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
Chart Table
Recent sales & rentals