Warrane, TAS 7018
Good to know:
Warrane is a suburb of Hobart located in the City of Clarence, Tasmania, with the postcode 7018. It is situated approximately 5 kilometers east of Hobart CBD. Primarily residential, Warrane features a variety of housing styles, including older family homes and newer developments. The area is well-serviced by amenities such as local schools, including Warrane Primary School and Clarence High School, as well as shopping centres like Eastlands in nearby Rosny Park. Warrane also offers good public transport links, making it convenient for commuting. The suburb is known for its community feel and proximity to both natural and urban attractions.
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Warrane TAS 7018 property market shows tight transactional supply and very low vacancy, with a typical house price of $602,445, a rolling median rent of $545pw and a gross yield of 4.7%. Warrane TAS 7018 property investment benefits from scarce listed stock (SoM 0.2%) and almost negligible rental vacancy (0.16%), supportive conditions for rental income and price resilience; however the suburb records clear socio-economic and affordability headwinds — IRSAD 837 (below the acceptable threshold) and an affordability estimate of 41 years — and a high renter share (Renter/Owner 50%), which require careful underwriting. House prices in Warrane are operating in a market with quick turnover (DOM 35 days) and medium data confidence.
Property market outlook
- Supply/demand: Supply is tight — SoM 0.2% and Inventory 0.41 months are both in the opportune/tight range, and Days on Market at 35 days sits at the upper boundary of high demand. Vacancy at 0.16% is exceptionally low, signalling strong rental take-up and limited landlord churn. These supply-side characteristics are supportive of near-term rent stability and create a favourable backdrop for capital retention.
- Fundamentals: Typical price $602,445 combined with median rent $545pw delivers a 4.7% gross yield — above typical minimum yield benchmarks and attractive for income-focused portfolios. Building approvals ratio (0.36%) and hold period (7.95 years) are neutral, indicating no immediate flood of new supply but also no unusually long-term holding behaviour.
- Risks: Socio-economic and affordability metrics stand out as constraints. IRSAD 837 is well below the opportune range and suggests lower local socio-economic capacity; Years to Own at 41 is materially above the 30-year threshold, indicating affordability pressure for owner-occupiers. Renter/Owner at 50% is unfavourable and implies the suburb is rental-heavy, which can increase income volatility and limit owner-occupier-driven price growth.
- Data confidence: Medium. Use this as a cue to cross-check active listings and local market intel (agents, recent sales) before executing.
Pros
- Very tight supply: SoM 0.2% and Inventory 0.41 months — limited listings typically reduce downside for prices.
- Extremely low vacancy (0.16%): near-zero vacancy supports consistent rental income and low vacancy loss.
- Solid gross yield for houses (4.7%): attractive for buy-to-let or yield-seeking allocations in TAS.
- Rapid transaction pace: DOM 35 days indicates market liquidity for sellers and landlords wanting to re-let quickly.
- Balanced new supply signal: Building approvals ratio neutral (0.36%) — no immediate oversupply risk from approvals.
Cons
- Low socio-economic index (IRSAD 837): signals household income and amenity constraints that can cap long-term capital growth relative to higher-SES suburbs.
- High renter share (Renter/Owner 50%): increases exposure to tenant turnover and potentially to rental market cycles.
- Very poor affordability (41 years to own): price-to-income dynamics are stretched, which can suppress owner-occupier demand and make market sensitive to rate rises.
- Auction clearance rate reported at 0.0% (neutral) — likely reflects low-auction market rather than a meaningful strength signal; interpret cautiously.
- Data confidence is Medium: smaller suburbs can have volatile monthly indicators — validate with local sources.
Investment strategies
- Income-first buy-and-hold: The 4.7% gross yield and sub-1% vacancy make Warrane houses suitable for investors prioritising cash flow. Target simple, durable assets with low maintenance overhead (solid weatherboard/brick homes or low-complexity floorplans) to preserve yield.
- Underwrite conservatively for affordability risk: use stress-tested servicing assumptions and plan for longer holding periods given 41-year affordability and higher renter share. Expect refinancing events to be the primary liquidity mechanic, not quick resale.
- Focus on tenant demand drivers: optimise properties for long-term tenants (functional kitchens, off-street parking, easy maintenance) and consider targeting investors seeking stable rental returns rather than speculative capital flips.
- Value-add selectively: modest renovations that improve amenity (bathroom/kitchen refresh, energy efficiency, storage) can convert rental properties into more desirable long-term tenancies and may attract owner-occupiers where affordability allows.
- Diversify within region: given the socio-economic headwinds, consider pairing Warrane acquisitions with investments in nearby suburbs that have higher IRSAD and stronger owner-occupier representation to balance portfolio risk.
- Monitor early warning metrics: track IRSAD movement, Renter/Owner ratio, Vacancy, SoM% and Inventory. A sustained rise in Inventory or vacancy would materially change the thesis.
- Transaction tactics: with low stock, be prepared to act quickly and use pre-approved finance. Expect less room for negotiation due to tight supply and rapid DOM.
Is Warrane TAS 7018 a good suburb to invest in?
Warrane TAS 7018 can be a viable pick for investors seeking yield and a low-risk rental environment. The combination of a 4.7% gross yield and near-zero vacancy supports steady rental income and high occupancy. However, socio-economic and affordability weaknesses (IRSAD 837 and 41 years to own) and a high renter share raise medium-term capital growth risk relative to higher-SES suburbs. Warrane houses suit income-focused investors who underwrite conservatively, plan for longer holds, and prioritise tenant retention over rapid capital appreciation. Active comparison against neighbouring suburbs with better IRSAD and owner-occupier proportions is recommended before committing.
About HtAG Analytics Data
Base metrics routinely reported per dwelling type include Typical Price, Median Rent, Sales and Rentals counts, % Change over multiple periods, Gross Rental Yield, Capital Growth (annualised with low/high bounds), Total RoI (Yield + Capital Growth), projected Rent Increase, Volatility Index (MAPE-based), Confidence (data accuracy proxy), and a Relative Composite Score™ for quick comparisons. There are additional supply, demand and demographic metrics available beyond this base set.
HtAG’s metric methodology is designed to capture both current market conditions and historical trends to enable relative market analysis at, and near, the point of purchase. In practice for a suburb like Warrane, that means our figures integrate recent transaction activity, listings behaviour and longer-term trends so the outputs are tuned for granular market comparison. This differs from providers who primarily publish broad public datasets for macro narratives; HTAG’s curation and measurement include nuances intended to support purchase-level decisions.
The snapshot above summarises current value metrics for Warrane TAS 7018 but does not replace trend analysis — metric direction and momentum can materially alter an investment outcome. Some indicators (for example vacancy, inventory and socio-economic scores like IRSAD) can carry more weight depending on your strategy. Different investors, borrowing capacities and timeframes will point to different suburbs; HTAG excels at shortlisting markets based on individual criteria rather than offering one-size-fits-all recommendations. For active investors and buyer’s agents we recommend performing a relative analysis across a tailored set of locations aligned to your budget, risk appetite and planned hold/refinance horizon.
Updated: 1 May 2026
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Quick Area Stats
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Education & Infrastructure
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Market Trends
Essential metrics effectively streamline the process of identifying markets that match your financial situation and investment objectives. Typical Price, Indicative Yield and Total ROI provide a swift means to shortlist areas that resonate with what you’re seeking and can afford. These metrics also serve as valuable general trend indicators, allowing you to visualise transaction volumes and dynamics of change.
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The Growth Rate Cycle (GRC) is a metric used to analyse the year-on-year change in property values, providing insights into the growth cycle of a particular area. It uses the “typical price” metric to gauge property values more accurately than median prices, and includes both actual and projected data for the current year.
Fundamental metrics play a vital role in providing a comprehensive analysis of the socio-economic environment within a specific suburb or region. Additionally, the Return on Investment (ROI) and Volatility Index are crucial metrics that aid in evaluating the prospective profitability and the level of risk or stability in the market.
Socio-economics
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IRSAD
Renter to Owner
Units to Houses
Projections
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Projected Annual ROI
Volatility Index
Quick Area Stats
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Annual Sales Volume
Annual Rentals Volume
Stock on Market
Building Approvals
Inventory
Hold Period
Supply metrics are crucial in gauging both the existing volumes of real estate listed for sale and the properties anticipated to enter the market soon. A diminished supply could signal opportunities for price appreciation, particularly when there’s corresponding buyer demand to buoy the market. The Stock on Market and Inventory level metrics (current values) are presented as a 3-month rolling average of monthly data shown in the charts. This means the last 3 months of data are averaged. The BA Ratio represents the proportion of building approvals over the latest 12 months relative to the total dwellings in the area.
Days on Market
Search Index
Vacancy Rate
Clearance Rate
Demand metrics underscore the level of interest that potential property buyers or tenants have in a specific suburb or locality. When demand outstrips the available supply, or if the supply fails to meet the intensity of buyer/renter interest, there’s a potential for prices to climb, underscoring the pivotal relationship between demand dynamics and property value trends. The Days on Market and Clearance Rate metrics (current values) are presented as a 3-month rolling average of monthly data shown in the charts. This means the last 3 months of data are averaged.
We invite you to contribute to the conversation by sharing your thoughts or raising questions about this market in the comment section below.



















The total adult population (15 years or older) of Warrane 7018 TAS is 2,268, with a median age of 36. Of those, 27.51% are married, 15.21% are divorced or separated, 49.47% are single and 7.80% are widowed.
The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,700. The median monthly mortgage repayment for households in this suburb is $1,257 which is 22.05% of their earnings.
Source: ABS Census Data (2021)