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Rocherlea suburb profile

Rocherlea is a residential suburb located in the northern part of Launceston, Tasmania. Known for its community-focused atmosphere, Rocherlea offers a peaceful lifestyle with a strong sense of local identity. The suburb is characterized by its spacious properties and green surroundings, providing a serene environment for families and individuals alike. Rocherlea is conveniently situated near essential amenities, including schools, parks, and shopping centers, making it a practical choice for residents. Its proximity to Launceston's city center ensures easy access to urban conveniences while maintaining a tranquil suburban feel.

Rocherlea property market performance

Rocherlea's property market has shown minimal activity over the past 12 months, with no change in median house or unit values. The median house price remains at $0, and no units have been sold, indicating a stagnant market. Only one house was sold in the past year, and there have been no unit sales, reflecting limited buyer interest or availability.

With no recorded median days on market for either houses or units, it suggests a lack of transactions or data in the area. The rental market for houses has remained stable, with an average rent of $410 and no change over the past year. However, there is no available data for unit rentals, indicating a potential gap in the rental market for units in Rocherlea.

HousesUnits
Median price
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Change in value
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Sold
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1N/A
Median days on market
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Average rent
Past 12 months
$410N/A
Change in rent
Past 12 months
N/AN/A

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Rocherlea demographics

Rocherlea, a suburb located in the northern part of Launceston, Tasmania, offers a unique blend of community and affordability. With a population of 1,033, it is a small and close-knit community where residents enjoy a quieter lifestyle. The median age of 32 suggests a youthful demographic, with many young families and individuals calling Rocherlea home. The suburb's affordability is reflected in the median total household income of $794 per week, which is lower than the national average, making it an attractive option for those seeking cost-effective living.

Family dynamics in Rocherlea are diverse, with a significant proportion of one-parent families, accounting for 50.8% of the family structure. This highlights the suburb's supportive environment for single-parent households. Couple families with children make up 26.7%, while those without children account for 22.5%, indicating a balanced mix of family types. The absence of other family types suggests a traditional family structure predominates in the area.

Housing in Rocherlea is predominantly rental-based, with 70.5% of properties being rented. This high rental rate underscores the suburb's appeal to those seeking flexible living arrangements, including young families and individuals. Only 12.7% of properties are owned outright, and 16.8% are owned with a mortgage, reflecting a community that is largely transient or in the early stages of homeownership. Rocherlea's affordability and community spirit make it a welcoming suburb for those looking to establish roots in a supportive and accessible environment.

Suburbs near Rocherlea

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