Rocherlea, a suburb located in the northern part of Launceston, Tasmania, offers a glimpse into a more affordable section of the Tasmanian housing market, which has been relatively stable yet gradually increasing in prices over recent years. This suburb is particularly appealing for first-time homebuyers and investors due to its competitive pricing compared to other parts of Launceston. The housing stock in Rocherlea primarily consists of detached homes, often situated on larger plots, contributing to a neighborhood feel that many families and individuals find attractive. Recent market trends show a steady demand for properties, fueled by the general growth of Launceston as a desirable place to live, driven by its mix of natural beauty and urban conveniences.
Living in Rocherlea provides a unique experience that balances both tranquility and connectivity. The suburb is known for its close-knit community vibe, where neighbors often know each other, enhancing the sense of belonging and security. Despite its peaceful setting, Rocherlea is only a short drive from the heart of Launceston, granting residents easy access to a variety of amenities, including shopping centers, schools, and recreational facilities. The area's proximity to lush parks and natural surroundings is perfect for outdoor enthusiasts and families alike, offering plenty of opportunities for recreation and relaxation. This blend of community spirit, accessibility, and affordability makes Rocherlea an appealing choice for those looking to settle in Tasmania.
Median Weekly Rent | $249.22 |
Median Monthly Mortgage | $1105.78 |
Median Persons Per bed houseroom | 0.83 |
Average Household Size | 2.44 |
Average Age | 37.67 |
Average Income | $582.22 |
Average Cars Per Dwelling | 1.74 |
Average Properties Within 50M | 9 |
Typical 1 bed house | $152,000 |
Typical 2 bed house | $174,000 |
Typical 3 bed house | $208,000 |
Typical 4 bed house | $400,000 |
Typical 5 bed house | $1,264,000 |
Housing Stock
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Thinking about buying in Rocherlea? Now could not be a better time, with 795 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $237,000 with prices in this suburb ranging from $24,000 to $1,265,000. The aproximate distance to the coast is 34 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Rocherlea are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Rocherlea classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Rocherlea requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property Valuation38-50 Lilydale Road, Rocherlea, TAS, 7248 | Priced from $140,000 |
Brooks High School
East Tamar Primary School
Ravenswood Heights Primary School
Mowbray Heights Primary School
(While the above schools are located with the suburb of Rocherlea there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.8 | 12.9 | 25.6 | 38.7 | 87.7 | 3.5 | 26.0 |
Feb | 1.1 | 13.0 | 25.0 | 40.7 | 87.9 | 3.1 | 20.3 |
Mar | 1.6 | 11.0 | 22.8 | 45.5 | 91.4 | 2.8 | 15.7 |
Apr | 1.2 | 7.3 | 19.3 | 51.2 | 94.4 | 2.3 | 10.9 |
May | 2.0 | 4.8 | 15.9 | 58.7 | 96.3 | 2.2 | 7.8 |
Jun | 2.7 | 3.4 | 13.5 | 67.1 | 97.4 | 2.0 | 6.2 |
Jul | 3.3 | 2.8 | 12.9 | 63.7 | 96.5 | 2.5 | 6.5 |
Aug | 2.2 | 3.7 | 13.9 | 55.1 | 93.1 | 2.7 | 8.9 |
Sept | 1.9 | 6.0 | 16.4 | 53.3 | 94.6 | 2.8 | 13.2 |
Oct | 1.6 | 7.3 | 18.6 | 47.4 | 92.5 | 3.2 | 18.8 |
Nov | 2.4 | 9.9 | 20.9 | 46.4 | 91.8 | 3.2 | 23.7 |
Dec | 2.1 | 11.2 | 23.1 | 42.5 | 90.1 | 3.4 | 26.8 |
source: Australian Government Bureau of Meteorology
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