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Raminea, TAS 7109

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

Data updated

Tight Rental Market

Median House

$830,000

list-price estimate

Median Unit

$570,000

list-price estimate

Gross Yield (houses)

2.2%

1yr Growth

-

Investment snapshot for Raminea

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

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Raminea market and investor summary

In Raminea, TAS 7109, houses show a gross rental yield of 2.2%. At 0.1% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.2% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.1% and a resident base that is not shrinking.

Living in Raminea: people, income and schools

Raminea has a resident population of roughly 40, and the area has been growing steadily, up about 9% over five years. The median age is 51, an older, established demographic.

Households here earn a median of about $35,000 a year, or roughly $680 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.

There is 1 school within about 5km, testing below the national school average on ICSEA. It is roughly 58 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
40
+9% over 5yr
Median age
51 years
Median household income
$35,000/yr
Households renting
16%
Family households
48%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
1
avg ICSEA 910
Unemployment
2.9%
Distance to CBD
58 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 Raminea

No properties currently listed in Raminea

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Frequently asked questions about Raminea

What should I check before investing in Raminea?

Raminea has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What rental yield does Raminea show?

The gross rental yield in Raminea is 2.2% 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 Raminea?

The current vacancy rate in Raminea is 0.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Raminea?

Raminea has a population of approximately 40 residents, with a median age of 51.

What schools are near Raminea?

There are 1 school within roughly 5km of Raminea. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Raminea's population growing?

The population of Raminea has grown about 9% 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 Raminea from the CBD?

Raminea is about 58 km from the CBD.

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