Myalla
TAS, 7325
-
Waratah-Wynyard
Thinking about buying in Myalla? Now could not be a better time, with just 32 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $450,000 with prices in this suburb ranging from $81,000 to $992,000. Myalla is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $250.00 |
| Median Monthly Mortgage | $1141.50 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.50 |
| Average Age | 45.50 |
| Average Income | $632.00 |
| Average Cars Per Dwelling | 2.64 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 2 Bed $648,000 |
| 3 Bed $526,000 |
| 4 Bed $80,000 |
Myalla Real Estate Market Outlook
In Myalla 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 Myalla 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 Myalla 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 Myalla 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.
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Myalla there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Myalla 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.7 | 12.2 | 24.8 | 42.2 | 88.1 | 3.6 | 22.4 |
| Feb | 2.8 | 11.8 | 23.4 | 47.3 | 91.1 | 3.6 | 19.0 |
| Mar | 2.7 | 10.3 | 20.6 | 51.2 | 90.2 | 3.5 | 15.4 |
| Apr | 1.9 | 7.7 | 17.0 | 54.3 | 92.4 | 3.3 | 12.3 |
| May | 1.7 | 4.9 | 13.0 | 58.8 | 93.1 | 3.8 | 9.4 |
| Jun | 2.5 | 3 | 10.2 | 61.6 | 92.5 | 3.7 | 8.1 |
| Jul | 1.9 | 2.7 | 10.2 | 57.5 | 90.7 | 4.2 | 8.4 |
| Aug | 1.8 | 2.7 | 10.8 | 53.9 | 90.6 | 4.2 | 10.7 |
| Sept | 1.9 | 4.5 | 14.3 | 47.1 | 91.6 | 4.3 | 15.1 |
| Oct | 2.9 | 6.5 | 17.0 | 49.0 | 91.3 | 3.9 | 19.3 |
| Nov | 2.7 | 8.5 | 19.4 | 49.4 | 91.3 | 3.6 | 21.3 |
| Dec | 2.8 | 10.1 | 22.2 | 47.4 | 93.0 | 3.6 | 24.6 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Cooma - Greater then 10KM
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