All About Wilmot, Kentish , TAS 7310

Wilmot Real Estate Market Outlook

Thinking about buying in Wilmot? Now could not be a better time, with just 197 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $309,000 with prices in this suburb ranging from $16,000 to $753,000. The aproximate distance to the coast is 20 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Wilmot 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 high percentage of professional people in Wilmot classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Wilmot requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

Wilmot, a quaint area within the Kentish municipality of Tasmania, offers a unique and peaceful lifestyle, attracting those who are looking for a serene environment away from the bustle of city life. The housing market in Wilmot is characterized by a range of properties, from charming historical homes to more modern residences, set against the backdrop of stunning natural landscapes. Prices tend to be more affordable compared to urban centers, making it an appealing choice for families, retirees, and anyone interested in a rural lifestyle without breaking the bank. The market here tends to see modest activity, with properties often staying on the market longer than in fast-paced city environments, giving potential buyers ample time to consider their options.

Living in Wilmot offers a lifestyle deeply connected to nature and community. The town boasts panoramic views, including sightlines to Tasmania's famous Cradle Mountain, and is surrounded by lush greenery, farmland, and forested areas, providing plenty of opportunities for outdoor activities such as hiking, fishing, and exploring the local flora and fauna. Community life in Wilmot is vibrant and close-knit, with numerous local events and gatherings that foster a strong sense of belonging. Despite its rural setting, Wilmot is not too far from essential amenities, with the larger towns of Devonport and Launceston accessible for more extensive shopping, healthcare, and entertainment needs. This blend of natural beauty, community spirit, and accessibility makes Wilmot a delightful place to call home.

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