This property is Off Market
With an average age of 43, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $300. The average family earns a weekly income of $2,032 with a typical household size of 2.7 and a 96.05% employment rate.
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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mountain River due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Mountain River 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 Mountain River 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.
(Country of Birth not stated 2%)
Huonville - Franklin a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
41 / 100
41 / 100
51 / 100
40 / 100
87 / 100
40 / 100
75 / 100
65 / 100
66 / 100
38 / 100
Incidents Trend State Average
Huonville High SchoolHuonville, TAS, 7109 State 7-12
Calvin Christian SchoolKingston, TAS, 7050 Independent Prep-12
Channel Christian SchoolMargate, TAS, 7054 Independent Prep-6
Tarremah Steiner SchoolHuntingfield, TAS, 7055 Independent Prep-10
St Aloysius Catholic CollegeHuntingfield, TAS, 7055 Independent Prep-10
Margate Primary SchoolMargate, TAS, 7054 State K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.