All About Lower Longley, Kingborough, TAS, 7109

Lower Longley, located in the picturesque Kingborough region of Tasmania, offers a unique blend of rural charm and accessibility, making it an appealing option for homebuyers seeking a peaceful lifestyle within reach of urban amenities. The housing market here predominantly features a mix of quaint cottages, spacious family homes, and expansive properties that take advantage of the stunning natural landscapes surrounding the area. Prices in Lower Longley are generally more affordable compared to the bustling centers in Tasmania, reflecting the quiet, countryside nature of the location. The market tends to appeal to families, retirees, and anyone eager to escape the fast-paced city environment without sacrificing the conveniences of modern living, as Hobart is just a short drive away.

Living in Lower Longley is characterized by its serene environment and strong community spirit. With a small population, residents often enjoy close-knit relationships with their neighbors, fostering a sense of security and belonging. The area is surrounded by lush, green landscapes, ideal for those who enjoy outdoor activities such as hiking, bird watching, and cycling. Local amenities include a few boutique shops and cafes, while larger shopping and recreational facilities are readily accessible in nearby towns such as Kingston and Hobart. The community is known for its involvement in local events and festivals, celebrating the natural beauty and cultural richness of the area. Overall, Lower Longley offers a relaxed, nature-oriented lifestyle, perfect for those looking to enjoy the tranquility of rural living with easy access to urban conveniences.

Lower Longley Real Estate Market Outlook

Thinking about buying in Lower Longley? Now could not be a better time, with just 123 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $542,000 with prices in this suburb ranging from $67,000 to $1,392,000. Lower Longley is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Lower Longley driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Lower Longley 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 Lower Longley 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 Lower Longley 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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