This property is Off Market
With an average age of 51, households expect an average monthly mortgage payment of $1,189 or a weekly rent payment of $295. The average family earns a weekly income of $1,442 with a typical household size of 2.2 and a 94.65% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Police Point 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 Police Point 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 Police Point necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Police Point we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Police Point a better buying opportunity than it may have been in the past.
(Country of Birth not stated 9%)
Geeveston - Dover 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
12 / 100
41 / 100
Industry
22 / 100
40 / 100
Population
32 / 100
40 / 100
House Prices
55 / 100
65 / 100
Jobs
10 / 100
38 / 100
Incidents Trend State Average
St James Catholic College
Cygnet, TAS, 7112 Independent Prep-10
Geeveston Primary School
Geeveston, TAS, 7116 State K-6
Peregrine
Nicholls Rivulet, TAS, 7112 Independent Prep-10
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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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