Thinking about buying in Mowbray? Now could not be a better time, with just 260 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,254,000 with prices in this suburb ranging from $481,000 to $3,369,000. Mowbray 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

Mowbray Real Estate Market Outlook

In Mowbray 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 Mowbray 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 Mowbray 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. Lower than average population density constrains growth in Mowbray to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Mowbray 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 Mowbray a better buying opportunity than it may have been in the past.

Houses for sale Mowbray

	57 foch st, mowbray, tas, 7248	4	2	1	Best Offer Over $345,000
	4 trueman cr, mowbray, tas, 7248	2	1	2	Best Offer Over $335,000
	31 crawford st, mowbray, tas, 7248	3	1	1	Offers Over $409,000
	95 clark st, mowbray, tas, 7248	5	2	2	Best Offer Over $895,000
	71 clark st, mowbray, tas, 7248	3	1	1	439000
	65 haig st, mowbray, tas, 7248	3	1	2	425000
	9 clark st, mowbray, tas, 7248	3	1	4	Offers Over $469,000
	unit 4, 7-9 bank st, mowbray, tas, 7248	3	2	3	Offers Over $529,000
	unit 1, 15 foch st, mowbray, tas, 7248	4	1	2	Offers Over $349,000
	9 bill gr, mowbray, tas, 7248				$149,000
	27 clark st, mowbray, tas, 7248	4	1	6	Offers Over $549,000

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