All About Broadmarsh, Southern Midlands, TAS, 7030

The housing market in Broadmarsh, located in the Southern Midlands of Tasmania, has been experiencing a gradual transformation as more people seek tranquil and rural living environments. Known for its picturesque landscapes and natural beauty, Broadmarsh offers a mix of affordable properties, from charming cottages to expansive farmland estates. While the market is not as brisk as in urban areas, there is a steady demand, particularly among families and retirees looking for a peaceful lifestyle. This demand has led to a slow but steady rise in property values, making Broadmarsh an attractive option for those wishing to invest in a home with the potential for appreciation over time.

Living in Broadmarsh provides residents with the unique charm of rural life while still offering reasonable proximity to essential services and the city of Hobart, which is just a short drive away. The community is close-knit, with a strong sense of camaraderie among neighbors who embrace the area's slower pace of life. Residents enjoy outdoor activities such as hiking, fishing, and exploring the local natural reserves. Furthermore, the region’s agricultural background fosters a culture of self-sufficiency, with many locals participating in farming and gardening. With its stunning scenery, friendly community, and a lifestyle that blends rural pleasures with modern conveniences, Broadmarsh is an appealing place to call home.

Broadmarsh Real Estate Market Outlook

Thinking about buying in Broadmarsh? Now could not be a better time, with just 109 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $514,000 with prices in this suburb ranging from $42,000 to $1,440,000. The aproximate distance to the coast is 22 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Broadmarsh 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. The high percentage of professional people in Broadmarsh 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. High density population in Broadmarsh 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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