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Glenorchy
TAS, 7010

Thinking about buying in Glenorchy? Now could not be a better time, with 7186 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $318,000 with prices in this suburb ranging from $14,000 to $1,790,000. The aproximate distance to the coast is 11 Km.

Household Makeup

Median Weekly Rent $311.19
Median Monthly Mortgage $1262.94
Median Persons Per Bedroom 0.88
Average Household Size 2.38
Average Age 37.88
Average Income $629.19
Average Cars Per Dwelling 1.54
Average Properties Within 50M 14

Housing Stock

Average Property Prices

1 Bed  $287,000
2 Bed  $247,000
3 Bed  $342,000
4 Bed  $450,000
5 Bed  $496,000
6 Bed+$309,000

Glenorchy Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Glenorchy driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Glenorchy due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Glenorchy 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. Lower than average population density constrains growth in Glenorchy to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Glenorchy the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Glenorchy

RayWhite 7-9 EDWARDS ST, GLENORCHY, VIC, 3385 Beds3 Bathrooms1 Parking 2 Under Offer

Local Schools

Guilford Young College

Dominic College

Cosgrove High School

Glenorchy Primary School

Springfield Gardens Primary School

Goodwood Primary School

Montrose Bay High School

Moonah Primary School

Rosetta Primary School

Hilliard Christian School

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

Glenorchy 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
Jan1.213.729.824.181.24.327.0
Feb0.913.828.429.282.44.223.1
Mar0.712.025.134.184.83.818.0
Apr1.09.220.541.889.53.313.1
May1.76.816.054.494.23.29.3
Jun1.74.713.064.296.53.07.7
Jul1.84.312.364.096.53.57.7
Aug1.64.613.556.295.53.510.8
Sept1.66.216.647.493.23.615.3
Oct1.08.120.937.988.53.920.7
Nov1.110.023.832.487.24.023.6
Dec1.011.927.127.282.34.126.6

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

West MoonahMontroseMoonahRosettaDerwent ParkGoodwoodLenah ValleyDowsing PointNew TownLutana

Public Transport


General Points of Interest

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