Howrah TAS

Postcode 7018 · Clarence LGA

Howrah is a mid-sized suburb in Tasmania within the Clarence local government area (postcode 7018). With a population of 9,545, the suburb has an established demographic with a median age of 43. Households earn a median income of $88K per year, with an average household size of 2.4 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in Howrah is $783,000, having declined 5.7% over the past year. Units have a median price of $680,000 (+5% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,690.

Howrah is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 71 bus stops.

From an investment perspective, Howrah offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($783K/$750K). The price-to-income ratio of 8.9x is considered moderate. House prices have moved -5.7% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.1% Moderate Yield
Price vs State$783K/$750K Near Median
Affordability8.9x Moderate
Price Momentum-5.7% Falling
INCOME (ATO 2022-23)
Median Income$61,290
Mean Income$71,140
Earners7,943
YoY Change+5.4%
SEIFA INDEX (ABS)
Advantage7/10
Education8/10
Economic5/10
Disadvantage7/10
MEDIAN HOUSE
$783K
-5.7% YoY
MEDIAN UNIT
$680K
5% YoY
MEDIAN RENT /WK
$400
POPULATION
9,545
DEMOGRAPHICS
Median Age43
Household Size2.4
HH Income /wk$1,690
Personal Income /wk$865
Mortgage /mth$1,690
TRANSPORT
Bus Stops71
SCHOOLS (2)
Avg ICSEA1002
Total Students729
Government2
Howrah Primary SchoolPrimary · Government · ICSEA 1057
Southern Support SchoolSpecial · Government · ICSEA 948
Data: 2024