This property is Off Market
With an average age of 62, households expect an average monthly mortgage payment of $1,311 or a weekly rent payment of $180. The average family earns a weekly income of $1,375 with a typical household size of 1.9 and a 95.12% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Berriedale due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Berriedale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Berriedale necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 14%)
Berriedale - Chigwell a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
29 / 100
41 / 100
Industry
39 / 100
40 / 100
Population
31 / 100
40 / 100
House Prices
61 / 100
65 / 100
Jobs
43 / 100
38 / 100
Incidents Trend State Average
OneSchool Global Tas
Claremont, TAS, 7011 Independent 3-12
Rosetta Primary School
Rosetta, TAS, 7010 State K-6
Montrose Bay High School
Rosetta, TAS, 7010 State 7-10
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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