Located in Tasmania within the Launceston local government area, Rocherlea is a small locality (postcode 7248). The area has roughly 1,033 residents and a mix of young professionals and families, with a median age of 32. Households earn a median income of $41K 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 -0.3% 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 labourers, community & personal service, machinery operators & drivers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Aboriginal Australian.
The current median weekly rent is $340. The median monthly mortgage repayment is $867.
Rocherlea is served by 1 school, including 1 secondary. The average ICSEA score is 886, which is well below the national average of 1,000. Public transport access includes 9 bus stops.
On the investment side, Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.