Claremont TAS

Postcode 7011 · Glenorchy LGA

Claremont is a mid-sized suburb in Tasmania within the Glenorchy local government area (postcode 7011). With a population of 8,397, the suburb has an established demographic with a median age of 38. Households earn a median income of $65K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Irish.

The median house price in Claremont is $550,000, having declined 5.2% over the past year. Units have a median price of $445,000 (-11% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,300.

Claremont is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 930, which is below the national average of 1,000. Public transport access includes 70 bus stops.

From an investment perspective, Claremont offers a gross rental yield of 5.0%, rated as high yield. Property prices are near the state median ($550K/$750K). The price-to-income ratio of 8.5x is considered moderate. House prices have moved -5.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield5.0% High Yield
Price vs State$550K/$750K Near Median
Affordability8.5x Moderate
Price Momentum-5.2% Falling
INCOME (ATO 2022-23)
Median Income$54,737
Mean Income$57,266
Earners5,034
YoY Change+6.8%
SEIFA INDEX (ABS)
Advantage2/10
Education2/10
Economic1/10
Disadvantage2/10
MEDIAN HOUSE
$550K
-5.2% YoY
MEDIAN UNIT
$445K
-11% YoY
MEDIAN RENT /WK
$320
POPULATION
8,397
DEMOGRAPHICS
Median Age38
Household Size2.3
HH Income /wk$1,241
Personal Income /wk$675
Mortgage /mth$1,300
TRANSPORT
Bus Stops70
SCHOOLS (5)
Avg ICSEA930
Total Students1,801
Government3
Catholic1
Independent1
Claremont CollegeSecondary · Government · ICSEA 907
Windermere Primary SchoolPrimary · Government · ICSEA 902
Austins Ferry Primary SchoolPrimary · Government · ICSEA 894
Holy Rosary Catholic SchoolPrimary · Catholic · ICSEA 977
OneSchool Global TasCombined · Independent · ICSEA 970
Data: 2024