Claremont, TAS 7011: Suburb Profile & Property Report

Market Report

House report
Unit Report

Claremont has 142 houses available for sale. The median property price for a house is currently $537,750 with annual capital growth of -7.28% . There were 106 house sales in the past 12 months. On average, houses spend 44 days on market.

If you're thinking about buying an investment property in Claremont, consider that rental yields for houses are currently 5.08% with an average median rent of $480 weekly. Houses have seen -2.40% growth in the past quarter, and -7.28% growth in the past 12 months.

The size of Claremont is approximately 17.9 square kilometres. It has 17 parks covering nearly 11.8% of total area. The population of Claremont in 2011 was 7,681 people. By 2016 the population was 7,753 showing a population growth of 0.9% in the area during that time. The predominant age group in Claremont is 50-59 years.

Households in Claremont are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Claremont work in a trades occupation. In 2011, 66.6% of the homes in Claremont were owner-occupied compared with 63.2% in 2016.

Claremont has 56 units available for sale. The median property price for a unit is currently $420,000 with annual capital growth of -7.69% . There were 31 unit sales in the past 12 months. On average, units spend 48 days on market.

If you're thinking about buying an investment property in Claremont, consider that rental yields for units are currently 5.10% with an average median rent of $438 weekly. Units have seen -4.49% growth in the past quarter, and -7.69% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$537,750	$420,000
Quarterly growth	-2.40%	-4.49%
12-month growth	-7.28%	-7.69%
Average annual growth	+7.82%	+5.86%
Weekly median rent	$480	$438
Gross rental yield	5.08%	5.10%
Number of Sales (12m)	106	31
Avg. Days on Market (12m)	44	48

Jump to Market Trends

Key Demographics	2011	2016
Total population	7,681	7,753
Population change (5y)	+2.36%	+0.90%
Median household income (p/w)	$879	$999
Household income change (5y)	+16.27%	+13.65%
Median age of persons	38	39

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Claremont is $537,750 for houses and $420,000 for units.

The Median Growth in Claremont over the past 12 months is -7.28% for houses and -7.69% for units.

Over the past 12 months there were 106 houses sold and 31 units sold in Claremont. On average, houses spent 44 days on market and units spent 48 days on market.

In the past 12 months up to July 2024 there were 106 houses sold and 31 units sold in Claremont. On average, houses spent 44 days on market and units spent 48 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Claremont is $480 for houses and $438 for units.

The Rental Yield in Claremont is 5.08% for houses and 5.10% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Claremont was 7,753 in 2016, a +0.90% change compared to 2011.

The predominant age group in Claremont is 50-59 years.

The population of Claremont was 7,753 in 2016, a +0.90% change compared to 2011.

The predominant age group in Claremont is 20-29 years.

Most of the population in Claremont were born in Australia.

Most of the population in Claremont report their religion as No Religion.

Most of the population in Claremont report their religion as Anglican.

Most of the population in Claremont report their income range as between $15,000 and $33,000 .

The median household income in Claremont was $999 in 2016, a +13.65% change compared to 2011.

Most of the population in Claremont report their income range as between $15,000 and $31,000 .

The median household income in Claremont was $879 in 2011, a +16.27% change compared to 2006.

Most of the population in Claremont work as Trades.

The chart below demonstrates the various levels of education in Claremont.

Most of the population in Claremont reached a qualification level of Certificate.

2011 2016

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