Back

Castle Forbes Bay
TAS, 7116 - Huon Valley

Thinking about buying in Castle Forbes Bay? Now could not be a better time, with just 113 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $474,000 with prices in this suburb ranging from $79,000 to $2,217,000. The aproximate distance to the coast is 18 Km.

Household Makeup

Median Weekly Rent $333.00
Median Monthly Mortgage $1465.00
Median Persons Per Bedroom 0.90
Average Household Size 2.00
Average Age 51.00
Average Income $558.00
Average Cars Per Dwelling 2.39
Average Properties Within 50M 1

Housing Stock

Average Property Prices

2 Bed  $216,000
3 Bed  $768,000
4 Bed  $647,000
5 Bed  $694,000
6 Bed+$1,217,000

Castle Forbes Bay Real Estate Market Outlook

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 Castle Forbes Bay 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 Castle Forbes Bay 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. Medium density in Castle Forbes Bay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Castle Forbes Bay 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 Castle Forbes Bay a better buying opportunity than it may have been in the past.

Houses for sale Castle Forbes Bay

Harcourts 15 PALMERS RD, CASTLE FORBES BAY, TAS, 7116 Beds3 Bathrooms1 Parking 2 Best offer over $895,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Castle Forbes Bay there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Castle Forbes Bay weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.87.217.556.495.17.621.1
Feb2.27.116.762.595.46.316.8
Mar2.66.114.169.396.56.811.7
Apr3.14.911.572.896.57.38.8
May2.73.48.379.597.67.96.1
Jun3.32.46.881.697.87.85.0
Jul3.61.35.882.998.47.95.1
Aug4.30.75.981.498.98.47.6
Sept3.71.98.473.697.78.711.7
Oct3.12.811.565.197.37.617.4
Nov3.34.113.264.797.57.520.1
Dec2.85.615.263.096.37.321.6

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

FranklinPort HuonGlaziers BayLower Wattle GroveCradocGeevestonGlen HuonCairns BayWattle GroveWoodstock

Public Transport


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!