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All About Lower Marshes, Central Highlands (Tas.), TAS, 7030

Lower Marshes, located in the Central Highlands of Tasmania, presents a unique and rural housing market that is distinctly different from urban areas. The region is characterized by its expansive landscapes, with properties often nestled amongst rolling hills and lush greenery. Homes in Lower Marshes tend to be more affordable compared to those in major Tasmanian cities, offering potential homeowners large plots of land with the serenity of the countryside. The architectural style of residences commonly found here ranges from quaint cottages to modern homesteads, often reflecting the rustic charm that is synonymous with rural Tasmania. Due to its countryside setting, the market here may not be as dynamic or fast-paced as in urban centers, but it appeals to those seeking tranquility and seclusion. The lower competition in property buying can be attractive to individuals looking for a slower-paced lifestyle.

Living in Lower Marshes is primarily defined by its peaceful rural atmosphere, offering its residents a retreat from the hustle and bustle of city life. The community is tight-knit, with a population that values self-sufficiency and connection to nature. Life here might revolve around outdoor activities such as hiking, fishing, or simply enjoying the diverse wildlife and natural beauty that is abundant in the Central Highlands. While the region provides an idyllic setting for those seeking a quiet life or retirement haven, it is important to note that amenities and services such as shopping centers and healthcare facilities are less accessible, requiring travel to larger nearby towns such as Oatlands or even further to urban centers like Hobart. This rural lifestyle requires a level of adaptability and self-reliance, but for many, the rewards of a close connection to nature and a supportive community outweigh the conveniences of urban living.

Household Makeup

Median Weekly Rent $170.00
Median Monthly Mortgage $693.00
Median Persons Per bed houseroom 0.80
Average Household Size 2.00
Average Age 49.00
Average Income $504.00
Average Cars Per Dwelling 2.16
Average Properties Within 50M 1
Typical 3 bed house$376,000

Housing Stock

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Lower Marshes Real Estate Market Outlook

Thinking about buying in Lower Marshes? Now could not be a better time, with just 15 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $366,000 with prices in this suburb ranging from $146,000 to $2,986,000. The aproximate distance to the coast is 43 Km.

In Lower Marshes 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 Lower Marshes 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. Low average earnings from people in Lower Marshes 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. 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. With very low industrial sector presence in Lower Marshes 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.

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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Lower Marshes 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.

Lower Marshes 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
Jan1.0922.238.789.25.223.7
Feb1.48.620.946.793.14.220.3
Mar1.78.019.448.393.54.414.7
Apr1.75.415.356.093.84.511.2
May1.53.312.263.395.14.37.3
Jun2.61.910.069.395.14.16.0
Jul1.21.19.66695.64.46.2
Aug2.21.810.362.394.85.39.0
Sept2.53.112.455.992.55.613.6
Oct1.84.214.951.591.84.919.6
Nov2.96.517.053.793.44.822.8
Dec2.07.719.845.891.85.125.3

source: Australian Government Bureau of Meteorology





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