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Fern Tree
TAS, 7054 - Hobart

Thinking about buying in Fern Tree? Now could not be a better time, with just 383 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $392,000 with prices in this suburb ranging from $20,000 to $1,714,000. Fern Tree is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $398.71
Median Monthly Mortgage $1710.43
Median Persons Per Bedroom 0.89
Average Household Size 3.00
Average Age 42.86
Average Income $941.00
Average Cars Per Dwelling 2.30
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $275,000
2 Bed  $545,000
3 Bed  $466,000
4 Bed  $574,000
5 Bed  $350,000
6 Bed+$200,000

Fern Tree Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Fern Tree driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Fern Tree 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. The high percentage of professional people in Fern Tree 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 Fern Tree 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.

Houses for sale Fern Tree

Elders 29 GRAYS RD, FERN TREE, TAS, 7054 Beds3 Bathrooms2 Parking 6 Offers over $785,000
Elders 10 WESTRINGA RD, FERN TREE, TAS, 7054 Beds3 Bathrooms2 Parking 8 Offers over $1,375,000
Harcourts 131 SUMMERLEAS RD, FERN TREE, TAS, 7054 Beds4 Bathrooms3 Offers Over $1,095,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Fern Tree 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.

Fern Tree 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
Jan1.25.415.252.995.48.621.9
Feb2.54.412.861.397.68.317.2
Mar3.14.611.865.397.18.012.4
Apr2.41.98.467.998.410.89.2
May3.81.16.369.996.010.75.9
Jun6.0-0.14.572.497.79.85.2
Jul1.6-1.43.075.298.410.06.1
Aug1.2-1.72.977.797.79.48.4
Sept3.8-0.85.174.198.1911.4
Oct1.81.09.156.196.39.217.8
Nov4.81.79.866.097.09.418.7
Dec3.13.912.956.795.99.221.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

RidgewayNeikaTolmans HillKingstonSouth HobartDynnyrneMount NelsonLeslie ValeWest HobartTaroona

Public Transport


General Points of Interest

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