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Tranmere
AREA REPORTS

Tranmere

Tranmere - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7018

house

Based on its average 5-year and quarterly capital gains TRANMERE, 7018 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that TRANMERE, 7018 obtained a 7.53% growth over a ten-year period. It ranks 1162nd on our list of suburbs that property investors should look into.

TRANMERE, 7018 in TAS belongs to the local government area of Clarence (C).

TRANMERE, 7018 has a capital gain of 30.72% for the past year, which is higher than average compared to its 56.25% growth within a five-year period.

With the median home price in TRANMERE sitting at $1,000,000, and the average rent at $662.5, property owners could potentially earn a 3.45% increase in gross rental yield.

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

A 30.72% increase in median property prices in TRANMERE, 7018 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 70th.

Data report can be found below

Tranmere
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,000,000 N/A
GROWTH REPORT
Median Quarterly 9.89% N/A
Median 12 month 30.72% N/A
Median 3 years 38.89% N/A
Median 5 years 56.25% N/A
10 years average annual 7.53% N/A
Weekly media advert. rent $662.5 N/A
Time on Market 12.4 days N/A
Gross Rental Yield Percent 3.45% N/A
demographics (median values)*
Total Population
21027
Weekly Household Income
1259
Household Size
2.30
Age
44
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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