Dodges Ferry TAS

Postcode 7173 · Sorell LGA

Dodges Ferry is a smaller suburb in Tasmania within the Sorell local government area (postcode 7173). With a population of 2,646, the suburb has an established demographic with a median age of 43. Households earn a median income of $73K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in Dodges Ferry is $605,000, having declined 3.2% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.7%. 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.

From an investment perspective, Dodges Ferry offers a gross rental yield of 4.7%, rated 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.

INVESTMENT SIGNALS
Rental Yield4.7% Moderate Yield
Price vs State$605K/$750K Near Median
Affordability8.2x Moderate
Price Momentum-3.2% Falling
INCOME (ATO 2022-23)
Median Income$53,525
Mean Income$59,637
Earners5,565
YoY Change+6.3%
SEIFA INDEX (ABS)
Advantage5/10
Education5/10
Economic4/10
Disadvantage4/10
MEDIAN HOUSE
$605K
-3.2% YoY
MEDIAN RENT /WK
$340
POPULATION
2,646
DEMOGRAPHICS
Median Age43
Household Size2.4
HH Income /wk$1,412
Personal Income /wk$775
Mortgage /mth$1,300
TRANSPORT
Ferry Wharves10
Dodges Ferry Primary School, Old Forcett Rd
Dodges Ferry Shops, Carlton Beach Rd
Dodges Ferry, Carlton Beach Rd after Arnott St
Dodges Ferry, Carlton Beach Rd opp Payeena St
Dodges Ferry, Carlton Beach Rd opp Ridge Rd
SCHOOLS (1)
Avg ICSEA981
Total Students533
Government1
Dodges Ferry Primary SchoolPrimary · Government · ICSEA 981
Data: 2024