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Ranelagh

POSTAL CODE: TAS, 7109
HOUSE

RANELAGH, 7109 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in TAS have risen as a whole, pulling RANELAGH, 7109 values up and netting property investors a capital gain of 10.85% for the past year.

Investors saw the median home price rise to $715,000.

Profits due to an upward trend in home prices in the suburb averaged 0.96% per annum over a 3-year period.

RANELAGH now ranks at the 43rd place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In RANELAGH, homes and units usually stay on listing for an average of 51 days.

In 2016, 20 properties were sold in RANELAGH during the past year, making it the 118th most active market in TAS based on total real estate transactions.

Surburb overview

Ranelagh, with the postcode 7109, is a picturesque rural town located approximately 37 kilometres southwest of Hobart in Tasmania’s Huon Valley. Known for its lush landscapes, agricultural heritage, and strong community spirit, Ranelagh offers a tranquil and scenic lifestyle for its residents. The population of Ranelagh is around 1,200 residents, comprising a mix of families, professionals, retirees, and those who appreciate the town’s serene environment and close-knit community.

Ranelagh falls under the jurisdiction of the Huon Valley Council, which ensures well-maintained infrastructure and community services. Public transportation options are available, with bus services connecting Ranelagh to nearby towns such as Huonville and Hobart, making commuting and travel convenient for residents. The town is also easily accessible by car via the Huon Highway.

Educational facilities near Ranelagh include Huonville Primary School and Huonville High School, catering to the educational needs of children and teenagers. For higher education, residents often travel to Hobart, where institutions such as the University of Tasmania and various vocational training centres are located. The region also offers various early childhood education centres, ensuring comprehensive educational opportunities for families.

For shopping and essential services, Ranelagh residents often visit the nearby town of Huonville, which offers a variety of retail stores, supermarkets, cafes, and dining options. The Huonville shopping precinct provides residents with convenient access to everyday needs. For more extensive shopping and services, residents often travel to Hobart.

The Ranelagh Recreation Grounds is a popular local spot featuring sports fields, playgrounds, and picnic areas, making it ideal for family outings and community events. The nearby Wellington Park and Mount Misery Walk offer hiking trails and stunning views of the surrounding landscape, catering to outdoor enthusiasts.

The town hosts regular markets, festivals, and community gatherings, providing opportunities for residents to come together and enjoy the vibrant community spirit. The annual Huon Show, held in nearby Huonville, is a highlight, celebrating local agriculture, crafts, and entertainment.

Ranelagh is rich in recreational activities and natural beauty. The town is surrounded by lush farmland and rolling hills, providing a picturesque backdrop for outdoor activities. The nearby Huon River offers excellent opportunities for fishing, kayaking, and boating. Residents can enjoy walking, cycling, and picnicking in the scenic countryside and along the riverbanks.

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