Question 1

Is Carlton a nice place to live?

Accepted Answer

Carlton is a quiet, primarily residential suburb in south-eastern Tasmania within easy reach of Hobart. Streets mix older weatherboard and fibro homes with pockets of newer infill, generally on modest yards and garden space. Day-to-day life centres on local shops, community facilities and a number of parks and reserves, and the suburb fronts Carlton Beach and the Carlton River mouth where dune protection and foreshore access works and a surf lifesaving presence are part of the local scene. A planned shared pathway, the Dodges Ferry – Carlton Loop, is intended to link nearby communities, coastal reserves and local services and is being developed in stages subject to funding.

The community of 1,363 people has a median age of 38 and a median household income of $1,425 a week. Owner-occupiers make up about 83.1% of homes, and most families are couples with or without children. Those features help explain why Carlton appeals to families and retirees after a low-key, settled lifestyle; whether it suits you depends on how important close beach and park access and an owner-occupied neighbourhood are to your everyday life.

Question 2

Is it expensive to live in Carlton?

Accepted Answer

In Carlton, TAS, a typical house rents for about $500 a week. Against the suburb's median total household income of $1,425 a week as recorded at the most recent Census, that rent would take roughly 35.1% of a typical local household's weekly income, which is a sizeable share.

For people renting in Carlton, that rent-to-income ratio is the clearest measure of how housing costs sit against local earnings at the last Census; whether it feels expensive to you will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Carlton a good place to invest?

Accepted Answer

House values in Carlton rose a strong 36.4% over the past 12 months, so the price side of the market was the clear performer for houses this year. Over the same period house rents fell modestly by 2.0%, which means capital growth outpaced rental income for houses in that timeframe; if rental income is your priority, that fall is the figure to watch.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	36.4%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	26	N/A
Average rent Past 12 months	$500	N/A
Change in rent Past 12 months	-2.0%	N/A

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