Dodges Ferry (postcode 7173) is a smaller residential area in Tasmania within the Sorell local government area. It is home to about 2,646 residents, with an established family demographic and a median age of 43. Households earn a median income of $73K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Dodges Ferry has a median house price of $605,000, which has declined by 3.2% year-on-year. The current median weekly rent is $535. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,300.
Dodges Ferry is served by 1 school, including 1 primary. The average ICSEA score is 981, which is around the national average of 1,000. Public transport access includes 10 ferry wharfves.
On the investment side, The gross rental yield works out to roughly 4.6%, which reads as moderate yield. Property prices are near the state median ($605K/$750K). The price-to-income ratio of 8.2x is considered moderate. House prices have moved -3.2% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.