This property is Off Market
With an average age of 27, households expect an average monthly mortgage payment of $835 or a weekly rent payment of $250. The average family earns a weekly income of $1,068 with a typical household size of 2.8 and a 83.96% employment rate.
In Herdsmans Cove 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 Herdsmans Cove 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. Low average earnings from people in Herdsmans Cove leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Herdsmans Cove 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.
(Country of Birth not stated 15%)
Bridgewater - Gagebrook 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
Income
05 / 100
41 / 100
Industry
30 / 100
40 / 100
Population
29 / 100
40 / 100
House Prices
42 / 100
65 / 100
Jobs
07 / 100
38 / 100
Incidents Trend State Average
JRLF - East Derwent Primary School
Bridgewater, TAS, 7030 State K-6
JRLF - Gagebrook Primary School
Gagebrook, TAS, 7030 State K-6
St Virgil's College
Austins Ferry, TAS, 7011 Independent 3-10
Austins Ferry Primary School
Claremont, TAS, 7011 State K-6
St Paul's Catholic School
Bridgewater, TAS, 7030 Independent Prep-6
Holy Rosary Catholic School
Claremont, TAS, 7011 Independent Prep-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.
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