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Carlton suburb profile

Carlton is a serene coastal suburb located in Tasmania, approximately 40km east of Hobart. Known for its picturesque beaches and tranquil environment, Carlton offers a peaceful retreat for those seeking a relaxed lifestyle. The suburb is popular among families and retirees who appreciate its natural beauty and close-knit community. With its proximity to the Carlton River and scenic walking trails, outdoor enthusiasts find plenty to explore. While maintaining a rural charm, Carlton provides essential amenities and easy access to nearby towns, making it an appealing choice for those looking to enjoy the best of coastal living.

Carlton property market performance

Carlton's property market has experienced a significant increase in house values over the past 12 months, with a remarkable 38.5% rise. However, the median house price currently stands at $0, indicating a potential lack of recent sales data or market anomalies. Unit values have remained unchanged, with no sales recorded in the past year.

Sales activity has been minimal, with only 5 houses sold in the last 12 months and no units changing hands. Houses are selling relatively quickly, with a median of 29 days on the market, suggesting a brisk demand for the limited available properties.

The rental market in Carlton has remained stable, with the average rent for houses at $500 over the past year, showing no change. The unit rental market appears inactive, with no recorded data on average rent or changes over the last 12 months.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
38.5%N/A
Sold
Past 3 months
5N/A
Median days on market
Past 12 months
29N/A
Average rent
Past 12 months
$500N/A
Change in rent
Past 12 months
-4.8%N/A

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Carlton demographics

Carlton, located in Tasmania, is a serene suburb that offers a peaceful lifestyle away from the hustle and bustle of city life. With a population of 1,363, it provides a close-knit community atmosphere where residents can enjoy the natural beauty of the surrounding landscapes. The median age of 38 suggests a balanced mix of young families and mature residents, contributing to a stable and harmonious community environment.

The suburb's family composition is quite balanced, with 41.6% of families being couples with children and 41.3% being couples without children. This indicates a strong family presence, making Carlton an ideal place for those looking to raise a family in a supportive community. Additionally, 17.1% of families are single-parent households, reflecting a diverse family structure within the suburb.

In terms of property ownership, Carlton shows a strong inclination towards home ownership, with 33% of properties owned outright and 50.1% owned with a mortgage. This suggests a stable housing market with a significant number of long-term residents. Only 16.9% of properties are rented, indicating a lower turnover of residents and a community that values stability and home ownership. The median total household income of $1,425 per week aligns with the suburb's family-oriented and stable lifestyle, making Carlton a desirable location for those seeking a tranquil and community-focused living environment.

Carlton infrastructure, key developments and investment opportunities

Carlton remains a predominantly rural–residential suburb within the Sorell local government area, with limited local services but growing appeal due to its proximity to Carlton Beach and the wider Hobart region.[4][5] While there are no headline infrastructure megaprojects specific to Carlton, ongoing residential land releases and larger rural-residential offerings in the area are gradually increasing housing supply and may underpin moderate long-term price growth.[3][8]

Residents benefit from access to beaches, the Carlton River and nearby town centres such as Sorell for shopping, schools and services, which supports lifestyle-driven demand and interest from sea-change buyers.[4][5] At this time there are no widely reported major new transport links, school builds or council-led precinct redevelopments focused specifically on Carlton, so there are no significant standalone infrastructure changes expected to dramatically shift local property dynamics in the short term.

Carlton rental market trends

The rental market in Carlton has remained stable, with house rents holding steady at $500 per week over the past year. There is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Carlton offers a consistent rental environment, appealing to those seeking stability in their housing costs.

Suburbs near Carlton

Some popular suburbs near Carlton include:

Common questions about Carlton

  • Is Carlton a nice place to live?

    Carlton is a charming coastal suburb that offers a delightful blend of natural beauty and a relaxed lifestyle. Nestled along Tasmania's picturesque coastline, it provides a serene environment that is perfect for those seeking a peaceful retreat. The suburb is known for its stunning beaches and tranquil atmosphere, making it an ideal location for families and retirees who appreciate the beauty of nature and a close-knit community. With its proximity to the Carlton River and scenic walking trails, residents can enjoy a variety of outdoor activities, enhancing the suburb's appeal to nature enthusiasts.

    Living in Carlton means embracing a lifestyle that balances rural charm with essential amenities. While the suburb maintains its peaceful vibe, it offers easy access to nearby towns like Sorell, where residents can find shopping, schools, and other services. This makes Carlton a convenient choice for families who want to enjoy the best of coastal living without sacrificing access to necessary facilities. Safety is generally not a major concern, contributing to the suburb's family-friendly reputation.

    However, living in Carlton does come with some trade-offs. The suburb's rural-residential nature means that local services are limited, and there are no significant infrastructure projects on the horizon that might change this in the short term. This could be a consideration for those who prefer more urban conveniences. Nonetheless, the suburb's appeal lies in its tranquil environment and the strong sense of community it fosters. For families looking to raise children in a supportive and serene setting, Carlton offers a unique and desirable lifestyle.

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  • Is it expensive to live in Carlton?

    Living in Carlton can be quite affordable compared to other areas in Tasmania, especially when considering the housing market. Interestingly, the current median house and unit prices in Carlton are listed as $0, which might indicate a lack of recent sales data or very few transactions, making it difficult to assess the exact cost of purchasing property. However, for those looking to rent, the average rent for houses is around $500 per week, which is a reasonable figure when compared to other suburbs.

    When we look at income, the average weekly wage in Carlton is approximately AUD 1,425, which is slightly below the broader Tasmanian average of AUD 1,619 per week. This suggests that while the rental prices are manageable, residents might find their income stretched if they are looking to save or spend on other lifestyle expenses. Overall, Carlton offers a more budget-friendly living environment, particularly for renters, but potential residents should consider their financial situation and how it aligns with the local income levels and rental costs.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Carlton a good place to invest?

    Carlton is showing some intriguing signs for potential investors, especially when it comes to houses. Over the past year, the median house value in Carlton has surged by an impressive 38.5%. This kind of growth indicates a strong demand for houses, which could be driven by factors such as the suburb's appeal or a limited supply of available properties. Such a significant increase in house values suggests that Carlton might be on the radar for those looking to capitalize on capital growth.

    However, it's important to note that the rental market in Carlton has remained stable, with no change in rent for both houses and units over the last year. This stability might appeal to investors seeking consistent rental income, although it also suggests that the rental demand hasn't seen the same spike as property values. Units, in particular, have not experienced any change in value, which could mean they are currently undervalued or simply not in high demand compared to houses.

    Overall, Carlton presents a mixed bag for investors. The dramatic rise in house values could be a sign of strong future growth potential, making it an attractive option for those focused on capital appreciation. However, the flat rental market and unchanged unit values suggest that investors should carefully consider their strategy, especially if rental yield is a priority. Carlton's recent performance in house value growth makes it a suburb worth watching for those interested in the property market.

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