81 Memana Road, Whitemark TAS 7255
This property is Off Market
- The Average property price in this area is $451,915, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 1.65 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Flinders and Cape Barren Islands
With an average age of 58, households expect an average monthly mortgage payment of $867 or a weekly rent payment of $135. The average family earns a weekly income of $1,666 with a typical household size of 2 and a 98.59% employment rate.
In Whitemark there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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 Whitemark due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Whitemark leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Whitemark the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
General Points of Interest
Flinders Island Sports Club
Population
(Country of Birth not stated 11%)
Are people healthy?
A good place to invest in property?
Flinders and Cape Barren Islands 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
30 / 100
41 / 100
Industry
00 / 100
40 / 100
Population
00 / 100
40 / 100
House Prices
00 / 100
65 / 100
Jobs
05 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsFlinders Island District High School
Property Story
81 Memana Road, Whitemark, Tas, 7255 is a residential property . The estimated distance to the sea is only 1.65km and 0.1KM to vegatation considered to be a factor in bushfire risk.Local Developments
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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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