All About Austins Ferry, Glenorchy, TAS, 7011

Austins Ferry, located within the city of Glenorchy in Tasmania, has garnered attention in recent years due to its evolving housing market. The suburb offers a unique blend of suburban tranquility with proximity to the amenities of Hobart, making it an attractive option for homebuyers. The housing market in Austins Ferry has experienced moderate growth, characterized by increasing demand and a steady appreciation in property values. This growth can be attributed to the suburb’s scenic views, particularly near the Derwent River, and its family-friendly atmosphere. Properties in Austins Ferry range from affordable older homes to contemporary residences, catering to diverse buyer preferences. This variety, coupled with relative affordability compared to central Hobart, has attracted first-time homebuyers and investors looking for promising locations within the greater Hobart area.

Living in Austins Ferry provides residents with a serene environment, away from the bustling urban life, yet close enough for convenience. The community exemplifies a close-knit suburban vibe, with access to local schools, parks, and recreational facilities, making it ideal for families and retirees. Its location offers a perfect balance of natural beauty and convenience, with the Derwent River serving as a picturesque backdrop for outdoor activities like fishing, boating, and walking trails. Moreover, Austins Ferry is well-connected to Hobart via the Brooker Highway, allowing residents to enjoy the cultural and culinary offerings of the city within a short drive. The suburb embodies a harmonious blend of nature and modern living, making it a desirable place for those seeking a peaceful lifestyle without sacrificing accessibility to urban amenities.

Austins Ferry Real Estate Market Outlook

Thinking about buying in Austins Ferry? Now could not be a better time, with 1335 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $503,000 with prices in this suburb ranging from $13,000 to $1,722,000. The aproximate distance to the coast is 14 Km.

Consistent high demand relative to supply is a key feature in Austins Ferry driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Austins Ferry ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Austins Ferry provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Austins Ferry requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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