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Claremont, TAS 7011

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Claremont, TAS 7011 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Claremont, TAS 7011”

  1. The total adult population (15 years or older) of Claremont 7011 TAS is 6,940, with a median age of 38. Of those, 37.38% are married, 14.87% are divorced or separated, 40.06% are single and 7.72% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $6,364. The median monthly mortgage repayment for households in this suburb is $1,300 which is 20.43% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Claremont, postcode 7011, is nestled within the serene landscapes of Tasmania. Estimated to shelter approximately 4,370 households, this quarter of 2023 has witnessed typical house prices in the vicinity averaging around $585,684.

    Houses here fetch a sturdy median weekly rent of $499, delivering an indicative yield as high as 4.43%, making it an attractive prospect for cash-centric property investors. This is a significant contributing factor towards its socio-economic score of 894, calculated out of a possible 1217, indicating that residents possess a good level of access to economic resources, relatively high income levels and skilled professions.

    The region boasts a balanced renter to owner ratio, clocking in at 35%, painting a picture of a property market that caters to both property investors and homeowners looking to settle. Claremont positions itself favourably with a units to houses ratio of only 19%. This means the market is not over-saturated with rental properties, thus better maintaining rental yields while keeping competition among landlords in check.

    However, it’s worth noting that the affordability index for houses stands at 36 years, indicating that it may take a significant amount of time for residents to fully own properties in this area. On the supply side, the suburb demonstrates impressive numbers, with a stock on market percentage of just 0.23% and an inventory level of 0.79 months, revealing a low supply and potentially vibrant sale environment.

    Adding to the property environment is a reasonable building approvals ratio of 1.11%, hinting at steady developmental activities. Properties here spent an average of 46 days on the market, suggesting a balanced demand for housing. With a combined vacancy rate for houses and units at 2.29%, it resonates with a neutral demand landscape.

    While the buy search index for houses sits at 3, indicating limited demand, the aggregate of other metrics creates an attractive package for property investors. These statistics underscore the importance of the Relative Composite Score metric, which cites over 80 metrics to automate this analysis, helping you make smart, data-backed decisions on your property investments.

    Analyzing these metrics not merely on their own but also in relation to one another, as well as tracking their trends over time, ensures you have the complete picture that empowers your investment decisions in real estate.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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