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Cressy
TAS, 7302 - Northern Midlands

Thinking about buying in Cressy? Now could not be a better time, with 652 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $11,330,000 with prices in this suburb ranging from $21,000 to $6,968,178,000. The aproximate distance to the coast is 63 Km.

Household Makeup

Median Weekly Rent $212.60
Median Monthly Mortgage $1185.80
Median Persons Per Bedroom 0.80
Average Household Size 2.40
Average Age 42.40
Average Income $724.60
Average Cars Per Dwelling 2.27
Average Properties Within 50M 3

Housing Stock

Average Property Prices

1 Bed  $389,000
2 Bed  $195,000
3 Bed  $373,000
4 Bed  $648,000
5 Bed  $370,000
6 Bed+$288,000

Cressy Real Estate Market Outlook

In Cressy 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 Cressy 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 Cressy 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 Cressy 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 Cressy 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 Cressy a better buying opportunity than it may have been in the past.

Houses for sale Cressy

Harcourts 8C KING ST, CRESSY, TAS, 7302 Beds4 Bathrooms2 Parking 1 Best Offers Over $609,000
Harcourts 26 ARCHER ST, CRESSY, TAS, 7302 Beds5 Bathrooms1 Parking 2 Best Offers Over $579,000
Harcourts 22 CHARLES ST, CRESSY, TAS, 7302 Beds3 Bathrooms1 Parking 2 Best Offers Over $389,000

Local Schools

Cressy District High School

Capstone College

(While the above schools are located with the suburb of Cressy 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.

Cressy 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
Jan1.110.325.634.889.44.925.4
Feb1.410.624.838.390.74.621.4
Mar2.28.822.243.392.14.216.3
Apr1.56.018.451.894.44.011.3
May1.73.414.761.295.43.57.9
Jun1.41.812.266.296.63.25.8
Jul2.31.911.865.995.73.96.3
Aug1.82.412.658.294.34.79.3
Sept1.84.215.053.194.24.813.7
Oct1.65.217.748.493.44.819.5
Nov2.27.920.147.893.14.823.9
Dec1.88.723.139.992.5525.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Public Transport


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