Thinking about buying in Saltwater River? Now could not be a better time, with just 212 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $276,000 with prices in this suburb ranging from $30,000 to $718,000. Saltwater River 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
Household Makeup
| Median Weekly Rent | $271.50 |
| Median Monthly Mortgage | $1300.00 |
| Median Persons Per Bedroom | 0.85 |
| Average Household Size | 2.00 |
| Average Age | 52.50 |
| Average Income | $512.50 |
| Average Cars Per Dwelling | 2.19 |
| Average Properties Within 50M | 3 |
Housing Stock
Average Property Prices
| 1 Bed $213,000 |
| 2 Bed $265,000 |
| 3 Bed $296,000 |
| 4 Bed $480,000 |
| 5 Bed $686,000 |
Saltwater River Real Estate Market Outlook
In Saltwater River 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 Saltwater River 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 Saltwater River 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. Lower than average industry presence in Saltwater River 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 Saltwater River a better buying opportunity than it may have been in the past.
Houses for sale Saltwater River
|
826 saltwater river rd, saltwater river, tas, 7186 |  3 |
 2 |
 2 |
Asking Price: $1,850,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Saltwater River there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Saltwater River 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 | 0.9 | 14.1 | 23.2 | 45.5 | 81.1 | 6.4 | 22.1 |
| Feb | 1.2 | 14.2 | 21.8 | 54.2 | 86.4 | 6.0 | 18.8 |
| Mar | 1.5 | 12.9 | 20.7 | 52.3 | 84 | 5.5 | 13.0 |
| Apr | 1.3 | 10.7 | 18.0 | 52.9 | 84.4 | 5.2 | 9.7 |
| May | 1.7 | 8.7 | 15.1 | 60.3 | 86.7 | 5.2 | 5.8 |
| Jun | 1.4 | 6.8 | 13.0 | 62.0 | 87.3 | 4.6 | 5.2 |
| Jul | 1.1 | 6.3 | 12.7 | 60.9 | 86.3 | 4.7 | 6.2 |
| Aug | 1.3 | 6.0 | 13.1 | 56.4 | 85.3 | 5.4 | 8.4 |
| Sept | 1.4 | 7.8 | 15.4 | 52.8 | 84.3 | 5.8 | 12.8 |
| Oct | 1.3 | 9.1 | 17.4 | 50.3 | 84.4 | 5.7 | 18.0 |
| Nov | 1.2 | 10.8 | 19.3 | 49.6 | 84.4 | 6.2 | 20.6 |
| Dec | 1.4 | 12.4 | 21.0 | 48.0 | 82.6 | 6.4 | 23.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Bush Mill Station site (15" gauge abandoned) - Greater then 10KM
Peppermint Bay Cruises - Greater then 10KM
MONA ferry - Greater then 10KM
Three Capes Track Ferry - Greater then 10KM
Hobart City (Brooke St) Ferry Terminal - Greater then 10KM
Bellerive Village Ferry Terminal - Greater then 10KM
Bruny Island Ferry - Kettering - Greater then 10KM
Roberts Point Ferry Terminal - Greater then 10KM
Hobart Cruise Ship Terminal - Greater then 10KM
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