Kelso TAS 7270: Property Market Report & Real Estate Insights

Part of West Tamar, TAS

Kelso Real Estate Market Outlook

Thinking about buying in Kelso? Now could not be a better time, with just 167 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $325,000 with prices in this suburb ranging from $17,000 to $899,000. Kelso is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Living in Kelso

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Kelso 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 slightly lower than average earnings from occupations in Kelso changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Kelso 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 Kelso a better buying opportunity than it may have been in the past.

Instant Property Valuation

Kelso, located in the West Tamar region of Tasmania, offers a charming and laid-back lifestyle, which is reflected in its housing market. Situated by the Tamar River, this area often attracts buyers looking for a peaceful escape with beautiful natural surroundings. The housing market in Kelso is relatively modest compared to urban areas, with a mix of traditional homes and modern developments. Properties here tend to be more affordable, making it an attractive option for first-time buyers and retirees seeking a tranquil lifestyle. The demand for homes in Kelso is gradually increasing, as more people discover the area's scenic beauty and relaxed atmosphere, although it remains a quiet market compared to larger cities.

Living in Kelso is synonymous with enjoying nature's bounty, with plenty of outdoor activities to partake in, such as hiking, fishing, and exploring nearby reserves. Residents appreciate the close-knit community feel, where neighbors often know each other and community events are well-attended. The town is small, so while there are local amenities, more extensive services and shopping options require a drive to nearby larger towns such as Launceston. Nonetheless, the serene environment and slower pace of life make Kelso ideal for those seeking a respite from the hustle and bustle of city life. Overall, living in Kelso offers a unique and fulfilling lifestyle that balances the charm of the Tasmanian countryside with the practical benefits of a supportive community.

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