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Suburb profile ·Launceston LGA · TAS ·7248

Rocherlea TAS 7248

Rocherlea is in Launceston LGA, TAS, postcode 7248, with population 1,033.

The read

Livability-led

The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.

$340/wk
+37.7% YoY
Jul 2024 → Mar 2026 · 16 periods
TAS rental bonds · suburb grain · Mar 2026
$415
$188
Jul 2024Mar 2026
Why it fits

Transport coverage adds a practical access signal.

Median house
No local house series
Median rent
$340/wk
Rent context available
37.7%YoY D7 vs AU
Gross yield
Need rent + price
Population
1,033
1K local footprint
D8 vs AU
Schools
1
Matched school context
D1 vs AU
Solar
1,379
100 added 12mo · 10MW

Price history

No price history available

Price series isn't recorded for this suburb. Census housing data is shown instead.

Median mortgage · mth$867
Median rent · wk$220

Affordability

43%
median weekly rent as a share of gross household income (the 30% rule)
High stress

Owners with a mortgage repay a median of $867/mo, while renters pay about $1,473/mo — renting runs $606/mo higher on these medians.

Household income · yr
$41K
Median rent · wk
$340
Owner mortgage · mo
$867

Household income

$41K household · yr-39.5% vs TAS suburb median
Personal
$24K
Family
$51K
Household
$41K

Schools

Total1
Avg ICSEA886
Students451
Government1
  • Brooks High SchoolSecondary · Government · ICSEA 886

Full data detail

Rocherlea TAS — Property Data and Demographics

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.

Market & money
Investment signalsHeuristics
Pop. Growth-0.3% Declining
Development+0%· Steady
InvestmentTAS
Mortgage · mth$867
Rent · wk(Census)$220
Market rent · wk(March 2026)$340
Population growth · Launceston LGAABS ERP
Population (2025)71,341
5-year growth+0.1% CAGR
YoY change-0.3%
20012025
Development · Launceston LGAABS Approvals
Approvals (2026)163
Houses163
YoY change+0%
Employment · Launceston LGASALM
Unemployment (Dec-25)4.3%
YoY change-0.2pp
Dec-10Dec-25
Property investors · Postcode 7248ATO
Negatively geared200 (2.2% of filers)
Avg rental loss$5,388/yr
Landlords (rental income)519
Reported capital gains300
People & prosperity
DemographicsCensus 21
Population1,033
Median age32
Household size2.4
HH income · wk$794
Personal income · wk$468
Persons / bedroom0.9
SEIFA indexABS
Advantage (IRSAD)1/10
Education (IEO)1/10
Economic (IER)1/10
Disadvantage (IRSD)1/10
Area & amenity
Local amenitiesOSM
Supermarkets2
Pharmacies0
GP / clinics0
Fuel stations0
Cafes & dining0
TransportGTFS
Bus stops9
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Current status
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Sources & freshness
Strong evidence

There is enough direct local evidence on Rocherlea for a first-pass decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Prices come from release-based suburb series.

Official annual SA2 price series matched to suburb pages as fallback coverage

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
ABS Data by Region · Official annual SA2 price series matched to suburb pages as fallback coverage
medium stability · manual file · snapshot · release-based
Missing
Market rent
Department of Justice Tasmania · March 2026 · State market dataset
medium stability · automated · every update · monthly
Available
Crime
State crime dataset · No linked local crime series
Missing
Schools
ACARA 2025 · 1 schools matched
stable source · automated · every update · annual
Available
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 9 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

Rocherlea FAQ

Common questions
  1. What LGA is Rocherlea in?

    Rocherlea is in the Launceston Local Government Area, TAS, postcode 7248. Council-level context for Launceston LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the typical weekly rent in Rocherlea?

    The median weekly rent in Rocherlea is $340/wk, based on the current market rent dataset. The current rent signal is rent context available.

  3. What does the rent signal say about Rocherlea?

    Rent context available: Rocherlea has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  4. Is Rocherlea a good investment?

    QuickProperty's investment signals for Rocherlea show: Declining, Steady. These are computed from price, rent, income, and population data — not an opaque score.

  5. Where does QuickProperty get its data for Rocherlea?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  6. How often is the Rocherlea data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.