Thinking about buying in Simpsons Bay? Now could not be a better time, with just 43 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $483,000 with prices in this suburb ranging from $436,000 to $1,091,000. Simpsons Bay 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
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Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Simpsons Bay 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. The slightly lower than average earnings from occupations in Simpsons Bay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Simpsons Bay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Simpsons Bay 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 Simpsons Bay a better buying opportunity than it may have been in the past.
159 simpsons bay rd, simpsons bay, tas, 7150 | 3 | 1 | 8 | Offers Over $1,600,000 |
None within suburb boundary
(While the above schools are located with the suburb of Simpsons Bay there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 13.2 | 22.3 | 46.9 | 83.7 | 4.8 | 22.5 |
Feb | 1.0 | 13.1 | 21.3 | 50.6 | 84.7 | 4.4 | 18.2 |
Mar | 1.5 | 12.2 | 20.1 | 53.4 | 85.5 | 4.1 | 13.1 |
Apr | 1.1 | 10.4 | 17.6 | 54.4 | 85.8 | 4.0 | 9.0 |
May | 1.3 | 8.5 | 15 | 58.8 | 86.7 | 4.0 | 6.0 |
Jun | 1.8 | 7.2 | 13.2 | 64.8 | 88.3 | 3.6 | 4.9 |
Jul | 1.3 | 6.3 | 12.6 | 60.9 | 86.4 | 4.2 | 6.1 |
Aug | 1.8 | 6.1 | 13.2 | 59.5 | 86.2 | 4 | 8.7 |
Sept | 1.2 | 7.6 | 15.1 | 53 | 84.5 | 4.7 | 12.7 |
Oct | 1.2 | 8.8 | 17.2 | 51.4 | 84.5 | 4.8 | 17.6 |
Nov | 1.4 | 10.2 | 18.4 | 51.2 | 86.3 | 4.6 | 19.9 |
Dec | 1.6 | 12 | 20.4 | 50.0 | 84.0 | 4.8 | 22.8 |
source: Australian Government Bureau of Meteorology
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