All About Mount Rumney, Clarence, TAS, 7170

Mount Rumney, nestled within the municipality of Clarence in Tasmania, offers a unique slice of rural tranquility coupled with proximity to urban conveniences. The housing market in this region typically features spacious properties, often with large acreage, that appeal to buyers seeking a countryside retreat within reach of city amenities. Over recent years, Mount Rumney's real estate market has experienced moderate interest, primarily from families and individuals looking for a serene lifestyle amidst natural beauty. The properties here range from rustic homesteads to modern residences, providing a variety of options for those desiring wide open spaces and panoramic views of the surrounding landscapes, including glimpses of the Derwent River and beyond.

Living in Mount Rumney is characterized by its peaceful, community-oriented atmosphere. Residents enjoy a slower pace of life, with the added advantage of being only a short drive away from Hobart's city center. This strategic location offers the best of both worlds: a rural lifestyle with access to the cultural, educational, and commercial opportunities of Tasmania's capital. The area is well suited for nature enthusiasts, with ample opportunities for outdoor activities such as hiking, bird watching, and exploring the local bushland. The community spirit is strong, with local events and gatherings that foster a sense of belonging among residents. Overall, Mount Rumney is ideal for those seeking a harmonious blend of rural charm and modern convenience.

Mount Rumney Real Estate Market Outlook

Thinking about buying in Mount Rumney? Now could not be a better time, with just 143 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $803,000 with prices in this suburb ranging from $170,000 to $2,189,000. Mount Rumney 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.

Consistent high demand relative to supply is a key feature in Mount Rumney driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount Rumney ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mount Rumney 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 Mount Rumney 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

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Public Transport

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General Points of Interest

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