Deloraine is a smaller suburb in Tasmania within the Meander Valley local government area (postcode 7304). With a population of 3,035, the suburb has a mature demographic with a median age of 50. Households earn a median income of $51K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Deloraine is $533,000, having grown strongly 8.9% over the past year. Units have a median price of $375,000 (+33.9% YoY). The current median weekly rent is $350. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,203.
Deloraine is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 2 rail stations, 3 bus stops.
From an investment perspective, Deloraine offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($533K/$750K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +8.9% year-on-year.
Deloraine is a smaller suburb in Tasmania within the Meander Valley local government area (postcode 7304). With a population of 3,035, the suburb has a mature demographic with a median age of 50. Households earn a median income of $51K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Deloraine is $533,000, having grown strongly 8.9% over the past year. Units have a median price of $375,000 (+33.9% YoY). The current median weekly rent is $350. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,203.
Deloraine is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 2 rail stations, 3 bus stops.
From an investment perspective, Deloraine offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($533K/$750K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +8.9% year-on-year.