TAS/
Claremont

Suburb Profile

Claremont - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7011

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Property investors enjoyed capital gains of 13.85% over the last 12 months in CLAREMONT, translating to lower returns compared with its peers in TAS.

A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 2.68% growth over a ten-year period. It ranks 2702nd on our list of suburbs that property investors should look into.

CLAREMONT, 7011 has a capital gain of 13.85% for the past year, which is higher than average compared to its 19.35% growth within a five-year period.

With the median home price in CLAREMONT sitting at $296,000, and the average rent at $340, property owners could potentially earn a 5.97% increase in gross rental yield.

A 13.85% increase in median property prices in CLAREMONT, 7011 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 63rd.

Figures from the previous quarter show that capital gains for real estate buyers in CLAREMONT are low, as opposed to average gains per annum over the past five years.

CLAREMONT, 7011 in TAS belongs to the local government area of Glenorchy.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $296,000 $235,000
GROWTH REPORT
Median Quarterly 3.86% 1.29%
Median 12 month 13.85% 18.99%
Median 3 years 17.93% 4.44%
Median 5 years 19.35% 8.05%
10 years average annual 2.68% 4.18%
Weekly media advert. rent $340 $255
Time on Market 38.2 days 109.9 days
Gross Rental Yield Percent 5.97% 5.64%
demographics (median values)
Total Population
7501
Weekly Household Income
730.4
Household Size
2.40
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Claremont, TAS
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