28 Lantana Road,
Risdon Vale TAS 7016

About Risdon Vale

With an average age of 33, households expect an average monthly mortgage payment of $1,083 or a weekly rent payment of $240. The average family earns a weekly income of $1,375 with a typical household size of 2.5 and a 95.76% employment rate.

In Risdon Vale 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 Risdon Vale 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 Risdon Vale 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Risdon Vale the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

Peppermint Bay Cruises MONA ferry Hobart City (Brooke St) Ferry Terminal Bellerive Village Ferry Terminal Bruny Island Ferry - Kettering Roberts Point Ferry Terminal Tasmanian Transport Museum Hobart Cruise Ship Terminal

General Points of Interest

Clare Street Sports Ground Abel Tasman Fountain Cat and Fiddle Arcade Kangaroo Bluff Historic Site Clarence Sports Centre Clarence Swimming Pool Tasmanian Hockey Centre North Hobart Cricket Club Lindisfarne War Memorial Doone Kennedy Hobart Aquatic Centre

Population

(Country of Birth not stated 6%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Risdon Vale Primary School

• Goodwood Primary School

  Derwent Park, TAS, 7009 State K-6

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• St Cuthbert's Catholic School

  Lindisfarne, TAS, 7015 Independent Prep-6

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• Bowen Road Primary School

  Moonah, TAS, 7009 State K-6

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• New Town High School

  New Town, TAS, 7008 State 7-11

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• Moonah Primary School

  Derwent Park, TAS, 7009 State K-6

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• Lindisfarne Primary School

  Lindisfarne, TAS, 7015 State K-6

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• Lindisfarne North Primary School

  Geilston Bay, TAS, 7015 State K-6

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• Risdon Vale Primary School

  Risdon Vale, TAS, 7016 State K-6

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Property Story

Local Developments

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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