All About Exeter, West Tamar, TAS, 7275

Exeter, located in the West Tamar region of Tasmania, offers a charming and serene lifestyle for those looking to settle in a tranquil rural setting. The housing market in Exeter is characterized by a mix of traditional homes, modern developments, and sprawling properties set against the backdrop of lush greenery and rolling hills. Property prices in this area have traditionally been more affordable compared to larger cities, making it an attractive option for families, retirees, and anyone seeking a peaceful lifestyle without sacrificing modern conveniences. As the demand for housing in regional Tasmania continues to grow, Exeter has witnessed a steady increase in interest, which has contributed to a gradual rise in property values. Nonetheless, it remains a competitive market that offers a diverse range of housing options to suit different budgets and preferences.

Living in Exeter provides residents with a unique balance of rural and community-focused lifestyle while still offering easy access to essential amenities and services. The town boasts a friendly and close-knit community atmosphere, with local shops, cafes, and schools that cater to the daily needs of its residents. Outdoor enthusiasts will appreciate the proximity to the Tamar River, which offers opportunities for fishing, kayaking, and picturesque walking trails. Additionally, Exeter's location within the fertile Tamar Valley wine region adds an element of culinary delight, as it is surrounded by renowned vineyards and artisan food producers. The town is also well-connected to the larger city of Launceston, which is only a short drive away, providing further access to a wider array of shopping, dining, and entertainment options. Overall, Exeter offers a harmonious blend of countryside living with the conveniences of modern life, making it an appealing destination for those looking to escape the hustle and bustle of urban environments.

Exeter Real Estate Market Outlook

Thinking about buying in Exeter? Now could not be a better time, with 515 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $460,000 with prices in this suburb ranging from $27,000 to $1,521,000. The aproximate distance to the coast is 25 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Exeter due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Exeter 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 Exeter 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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General Points of Interest

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