All About Stony Rise, Devonport, TAS, 7310

Stony Rise, located in Devonport, Tasmania, is a suburban area known for its pleasant living environment and burgeoning housing market. The region has seen a steady growth in demand, largely due to its appealing balance between serene suburban life and convenient access to urban amenities. Homes in Stony Rise tend to vary from charming single-family houses to more modern developments, offering options for both families and individuals looking for a peaceful community atmosphere. The housing market in this area is characterized by its relatively affordable prices compared to the national average, making it an attractive option for first-time homebuyers and investors alike. The increase in interest in this suburb is largely driven by its natural surroundings and the quality of life it offers, along with proximity to essential services and recreational facilities in Devonport.

Living in Stony Rise provides residents with a tranquil setting surrounded by Tasmania's natural beauty, while still being just a short drive from the heart of Devonport. The area offers a range of outdoor activities, with nearby parks and trails perfect for walking, cycling, and enjoying the picturesque landscapes. Stony Rise is a family-friendly community, with schools and childcare centers within easy reach, and a safe, welcoming environment that appeals to those raising children. Locals benefit from being close to Devonport's amenities, including shopping centers, restaurants, and cultural venues, all while residing in a quiet neighborhood that feels a world away from the hustle and bustle of city life. With its compelling mix of affordability, lifestyle, and location, Stony Rise continues to be a sought-after destination for those looking to settle down in Tasmania.

Stony Rise Real Estate Market Outlook

Thinking about buying in Stony Rise? Now could not be a better time, with just 451 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $431,000 with prices in this suburb ranging from $32,000 to $1,566,000. Stony Rise is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Stony Rise are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Stony Rise provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Stony Rise necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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