Cambridge is a small community in Tasmania within the Clarence local government area (postcode 7170). With a population of 1,454, the suburb has an established demographic with a median age of 41. Households earn a median income of $106K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Cambridge is $1.0 million, having remained flat 0% over the past year. Units have a median price of $765,000 (+13.4% YoY). The median weekly rent is $410 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,733.
Cambridge is served by 1 school, including 1 primary. The average ICSEA score is 1041, which is around the national average of 1,000. Public transport access includes 29 bus stops.
From an investment perspective, Cambridge offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.0M/$750K), placing it in the premium segment. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +0.0% year-on-year.
Cambridge is a small community in Tasmania within the Clarence local government area (postcode 7170). With a population of 1,454, the suburb has an established demographic with a median age of 41. Households earn a median income of $106K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Cambridge is $1.0 million, having remained flat 0% over the past year. Units have a median price of $765,000 (+13.4% YoY). The median weekly rent is $410 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,733.
Cambridge is served by 1 school, including 1 primary. The average ICSEA score is 1041, which is around the national average of 1,000. Public transport access includes 29 bus stops.
From an investment perspective, Cambridge offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.0M/$750K), placing it in the premium segment. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +0.0% year-on-year.