Question 1

Is Rokeby a nice place to live?

Accepted Answer

Rokeby sits on Hobart’s eastern shore beside the River Derwent and reads as a solidly residential suburb, with a mix of modest post-war homes and newer developments. Everyday life is focused on local shops, schools and sports reserves, and there are public transport links across the river to the city. The population is 4,211 with a median age of 32 and a median household income of $1,279 a week, and the community includes long-term residents alongside younger families and first-home buyers.

Couple families make up the largest share of households and about 61.3% of homes are owner-occupied, so Rokeby has a practical, established feel. Several transport and local upgrades are planned or progressing, including a proposed Park and Ride and road works, and there is funding allocated for a multi-sports facility at Bayview Secondary College plus upgrades for the primary school and youth centre; community venues such as Rokeby Trust Hall and the Clarence Youth Centre remain in place. Whether Rokeby suits you will depend on how much you value those local schools, sports facilities and improving transport links.

Question 2

Is it expensive to live in Rokeby?

Accepted Answer

On the figures, housing in Rokeby looks stretched against what a typical local household earned at the last Census. A house rent of $570 a week would take about 44.6% of a typical local household's weekly income at the last Census, while a unit rent of $605 a week would take about 47.3% — both are a large share of that income. Buying a house at $627,000 works out to roughly 9.4 times a typical local annual household income at the last Census, which sits well above local incomes.

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 Rokeby a good place to invest?

Accepted Answer

The clearest movement in Rokeby over the past year is unit rents, which jumped 17.9%. If rental income is your priority, that is the figure that speaks to it. By contrast, unit values rose 5.8% and house values rose 6.9% — both solid gains in what properties are worth, with houses showing slightly stronger capital growth. House rents increased 3.6% over the year, a more modest rise, so rental growth was far stronger on the unit side than the house side. Whether that mix suits you depends on your own goals 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	$627K	N/A
Change in value Past 12 months	6.9%	5.8%
Sold Past 3 months	25	7
Median days on market Past 12 months	17	54
Average rent Past 12 months	$570	$605
Change in rent Past 12 months	3.6%	17.9%

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