Question 1

Is Ranelagh a nice place to live?

Accepted Answer

Ranelagh is a small rural-residential suburb in the Huon Valley, set among orchards, paddocks and patches of native bush close to the Huon River. It has a country-town feel where older weatherboard cottages and timber bungalows sit alongside larger rural lots and hobby farms, so residents tend to have more room and a quieter pace. The suburb relies on neighbouring Huonville for most shops and services, while nearby waterways, walking tracks and local farmland suit gardeners, boaties and people who enjoy an outdoors-oriented life but still want reasonable access to city and regional centres.

The community of 1,484 people has a median age of 37 and a median total household income of $1,602 a week, roughly $83,300 a year.

Families make up the dominant household type: couple families with children are the largest group at 43.7%, and together with couple families without children (41.1%) they account for about 85% of families. One-parent families represent 13.2% of families, while other families are 1.9%.

In Ranelagh, most homes are owner-occupied — 32.3% are owned outright and 53.5% are owned with a mortgage, a combined 85.8% — while 14.3% of dwellings are rented.

Question 2

Is it expensive to live in Ranelagh?

Accepted Answer

There haven't been enough recent sales or rentals in Ranelagh, TAS to publish reliable house or unit price and rent figures, so it's not possible to describe how expensive it is to live there compared with local incomes. The only available figure is the median total household income recorded at the most recent Census, and that alone doesn't let us judge whether local housing costs are high or low.

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 Ranelagh a good place to invest?

Accepted Answer

House values in Ranelagh rose 7.2% over the past 12 months, a solid increase in capital value. The figure available here speaks to capital growth rather than rental income; there isn't enough recent rent or unit data to assess how rental returns moved over the same period. Whether that capital growth fits your investment goals depends on your own objectives and circumstances.

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	7.2%	N/A
Sold Past 3 months	7	N/A
Median days on market Past 12 months	47	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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