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Charlotte Cove, TAS 7112

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$850,000

list-price estimate

Median Unit

$445,000

list-price estimate

Gross Yield (houses)

3.6%

1yr Growth

-

Investment snapshot for Charlotte Cove

Charlotte Cove has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Investment score breakdown

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Charlotte Cove market and investor summary

In Charlotte Cove, TAS 7112, houses show a gross rental yield of 3.6%. At 3.2% vacancy, it is a softer rental market with more choice for tenants.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 316 days on market, so plan for a slower exit if you ever need one.

Living in Charlotte Cove: people, income and schools

Charlotte Cove is home to around 48 people, and the area has been growing steadily, up about 8% over five years. The median age is 51, an older, established demographic, and families account for 67% of households.

Households here earn a median of about $51,000 a year, or roughly $970 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

It is roughly 46 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
48
+8% over 5yr
Median age
51 years
Median household income
$51,000/yr
Households renting
18%
Family households
67%
Socio-economic rank
3/10
ABS advantage index
Unemployment
4.4%
Distance to CBD
46 km

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Charlotte Cove

No properties currently listed in Charlotte Cove

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Frequently asked questions about Charlotte Cove

What should I check before investing in Charlotte Cove?

Charlotte Cove has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

What rental yield does Charlotte Cove show?

The gross rental yield in Charlotte Cove is 3.6% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Charlotte Cove?

The current vacancy rate in Charlotte Cove is 3.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Charlotte Cove?

Charlotte Cove has a population of approximately 48 residents, with a median age of 51.

Is Charlotte Cove's population growing?

The population of Charlotte Cove has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Charlotte Cove from the CBD?

Charlotte Cove is about 46 km from the CBD.

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Charlotte Cove TAS 7112: 3.6% Yield