Located in Tasmania within the Clarence local government area, Rokeby is a smaller suburb (postcode 7019). It is home to about 4,211 residents, with a mix of families and early-career residents and a median age of 32. Households earn a median income of $67K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% 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 community & personal service, professionals, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
The median house price in Rokeby is $590,000, broadly unchanged over the past year. Units have a median price of $603,000 (+6% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,300.
Rokeby is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 905, which is below the national average of 1,000. Public transport access includes 43 bus stops. Healthcare facilities include 1 private hospital.
From an investment perspective, The gross rental yield works out to roughly 5.4%, which reads as high yield. Property prices are near the state median ($590K/$750K). The price-to-income ratio of 8.9x is considered moderate. House prices have moved +0.4% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.