All About Hillwood, George Town, TAS, 7252

Hillwood, located in the serene countryside of George Town, Tasmania, offers a unique blend of rural tranquility and scenic beauty, making it an attractive place for those seeking a peaceful lifestyle. The housing market in Hillwood is characterized by spacious properties and larger land parcels compared to metropolitan areas. Homes here often boast beautiful views of the Tamar River and the lush, green landscapes that encompass this region. With a mix of modern homes and charming older farmhouses, the area provides diverse housing options suitable for families, retirees, and anyone looking to escape the hustle and bustle of city life. While property prices have seen a gradual increase in recent years, Hillwood remains more affordable than many urban centers, offering great value for those interested in broadening their living space or investing in property.

Living in Hillwood provides residents with a tight-knit community atmosphere, enriched by the natural surroundings and agricultural heritage of the area. The lifestyle is laid-back, with plenty of outdoor activities available, such as hiking, river fishing, and visiting nearby vineyards and farms. This rural setting does not compromise on essential amenities, as Hillwood is conveniently located within a short drive of George Town, where residents have access to schools, healthcare, and shopping centers. The community enjoys a quiet charm with local events and farmers' markets enhancing the social fabric. For those desiring a picturesque and peaceful living environment, Hillwood offers a harmonious blend of comfort and nature, making it an idyllic destination for setting roots or enjoying a slower pace of life.

Hillwood Real Estate Market Outlook

Thinking about buying in Hillwood? Now could not be a better time, with just 368 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $505,000 with prices in this suburb ranging from $27,000 to $3,850,000. The aproximate distance to the coast is 16 Km.

In Hillwood 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 Hillwood 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. The high percentage of professional people in Hillwood 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 Hillwood 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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Public Transport

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General Points of Interest

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