All About Ambleside, Devonport, TAS, 7310

Ambleside, a charming suburb of Devonport in Tasmania, offers a unique blend of serene living and convenient access to urban amenities. The housing market in Ambleside is characterized by a mix of traditional homes and modern developments, catering to families, retirees, and young professionals alike. As of recent years, property prices have seen a gradual increase, reflecting the growing demand for homes in this picturesque area. Buyers are attracted not only by the affordability compared to larger cities but also by the quality of life that Ambleside offers. Whether you're looking for a cozy cottage-style home or a contemporary house with modern amenities, Ambleside's real estate market provides a variety of options to suit different tastes and budgets.

Living in Ambleside presents residents with a tranquil environment, surrounded by natural beauty. The suburb is nestled along the Mersey River, providing stunning river views and easy access to outdoor activities such as walking, cycling, and fishing. The community is tight-knit and welcoming, making it an ideal place for families and those seeking a supportive and friendly atmosphere. Despite its peaceful setting, Ambleside is just a short drive away from the center of Devonport, where residents can find a range of shopping, dining, and recreational opportunities. With its perfect combination of countryside charm and urban convenience, Ambleside offers an appealing lifestyle for those looking to escape the hustle and bustle of city life while still enjoying the benefits of modern living.

Ambleside Real Estate Market Outlook

Thinking about buying in Ambleside? Now could not be a better time, with just 358 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $265,000 with prices in this suburb ranging from $14,000 to $1,093,000. Ambleside is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Ambleside 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. Low average incomes in Ambleside is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Ambleside 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. Lower than average population density constrains growth in Ambleside to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Ambleside we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ambleside a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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