This property is Off Market
With an average age of 44, households expect an average monthly mortgage payment of $1,500 or a weekly rent payment of $205. The average family earns a weekly income of $2,132 with a typical household size of 2.6 and a 100.0% 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. Incomes in Paloona are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Paloona provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Paloona 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 8%)
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Investability - Housing Demand
Tasmania State average 45 / 100
Income
47 / 100
41 / 100
Industry
28 / 100
40 / 100
Population
33 / 100
40 / 100
House Prices
77 / 100
65 / 100
Jobs
27 / 100
38 / 100
Incidents Trend State Average
Hillcrest Primary School
Devonport, TAS, 7310 State K-6
Forth Primary School
Forth, TAS, 7310 State K-6
Sprent Primary School
Sprent, TAS, 7315 State K-6
Spreyton Primary School
Spreyton, TAS, 7310 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.
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