Bellerive TAS

Postcode 7018 · Clarence LGA

Bellerive is a smaller suburb in Tasmania within the Clarence local government area (postcode 7018). With a population of 4,945, the suburb has an established demographic with a median age of 44. Households earn a median income of $76K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in Bellerive is $851,000, having declined 7% over the past year. Units have a median price of $618,000 (+0.8% YoY). The current median weekly rent is $490. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,600.

Bellerive is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 39 bus stops.

From an investment perspective, Bellerive offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($851K/$750K). The price-to-income ratio of 11.2x is considered stretched. House prices have moved -7.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.0% Low Yield
Price vs State$851K/$750K Near Median
Affordability11.2x Stretched
Price Momentum-7.0% Falling
INCOME (ATO 2022-23)
Median Income$57,210
Mean Income$68,912
Earners4,429
YoY Change+5%
SEIFA INDEX (ABS)
Advantage6/10
Education8/10
Economic2/10
Disadvantage7/10
MEDIAN HOUSE
$851K
-7% YoY
MEDIAN UNIT
$618K
0.8% YoY
MEDIAN RENT /WK
$360
POPULATION
4,945
DEMOGRAPHICS
Median Age44
Household Size2.2
HH Income /wk$1,461
Personal Income /wk$817
Mortgage /mth$1,600
TRANSPORT
Bus Stops39
SCHOOLS (4)
Avg ICSEA1064
Total Students1,574
Government2
Catholic1
Independent1
Clarence High SchoolSecondary · Government · ICSEA 1021
Bellerive Primary SchoolPrimary · Government · ICSEA 1060
Corpus Christi Catholic SchoolPrimary · Catholic · ICSEA 1060
The Cottage SchoolPrimary · Independent · ICSEA 1113
Data: 2024