All About Leith, Devonport, TAS, 7315

Leith, a picturesque locale nestled in the Devonport region of Tasmania, offers a unique and appealing housing market characterized by its blend of rural charm and coastal beauty. The housing market in Leith is predominantly composed of single-family homes and quaint cottages, often set on expansive plots of land. These properties are not only affordable compared to urban standards but also offer significant value given their proximity to the stunning Tasmanian coastline and lush countryside. The market attracts those looking for a tranquil lifestyle without sacrificing access to essential amenities, as nearby Devonport provides comprehensive shopping, dining, and healthcare services. While the market generally remains stable, it has seen increased interest from buyers seeking a peaceful retreat, thus potentially leading to competition for available properties.

Living in Leith offers residents a serene and community-focused lifestyle. The area's natural beauty is a major draw, with scenic coastal walks, lush green spaces, and local wildlife contributing to an idyllic living environment. Residents enjoy the charm of a small-town atmosphere where neighborhood interactions are friendly and community activities are abundant. Despite its peaceful setting, Leith is conveniently located near Devonport, ensuring that residents can easily access schools, shops, and entertainment options. Outdoor enthusiasts will appreciate the variety of recreational activities available, from fishing and boating along the coast to hiking and exploring nearby natural reserves. This combination of tranquil living with the convenience of nearby urban amenities makes Leith an attractive option for families, retirees, and anyone seeking a slower pace of life amid Tasmania's natural beauty.

Leith Real Estate Market Outlook

Thinking about buying in Leith? Now could not be a better time, with just 225 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $561,000 with prices in this suburb ranging from $16,000 to $1,868,000. Leith 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

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. Incomes in Leith are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Leith provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Leith necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!