All About South Burnie, Burnie, TAS, 7320

South Burnie, located in the city of Burnie on Tasmania's northwest coast, offers a unique blend of seaside living and small-town charm, which is reflected in its housing market. The area is known for its affordability compared to larger Tasmanian centers like Hobart and Launceston, making it an attractive option for first-time home buyers and investors alike. South Burnie's housing market primarily consists of detached homes and units, with some offering stunning views of the Bass Strait. Recent years have seen a steady demand for properties in the area, driven by its reputation for a relaxed lifestyle coupled with its proximity to the conveniences of Burnie’s central business district. Ideal for families and retirees, South Burnie provides a peaceful residential environment without sacrificing accessibility to essential services and amenities.

Living in South Burnie offers residents a picturesque coastal lifestyle, characterized by its friendly community atmosphere and scenic beauty. The area is well-loved for its beach access, walking paths, and parks, making it ideal for outdoor enthusiasts who appreciate a quieter pace of life. South Burnie benefits from its close proximity to Burnie, providing residents easy access to quality education, healthcare, shops, cafes, and cultural facilities. The local community enjoys a range of activities, from coastal walks and sports to participating in community events and markets. With its blend of natural beauty, affordability, and community spirit, South Burnie is an appealing location for those seeking a balanced lifestyle in Tasmania.

South Burnie Real Estate Market Outlook

Thinking about buying in South Burnie? Now could not be a better time, with just 371 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $242,000 with prices in this suburb ranging from $24,000 to $1,248,000. South Burnie 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

In South Burnie 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 South Burnie 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 South Burnie 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. Lower than average population density constrains growth in South Burnie 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 South Burnie 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 South Burnie a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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