5 Rainbow Terrace, Opossum Bay TAS 7023
This property is Off Market
- The Average property price in this area is $423,772, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.25 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About South Arm
With an average age of 56, households expect an average monthly mortgage payment of $1,441 or a weekly rent payment of $418. The average family earns a weekly income of $1,821 with a typical household size of 2.1 and a 95.81% employment rate.
Consistent high demand relative to supply is a key feature in Opossum Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Opossum Bay 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 Opossum Bay 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 Opossum Bay 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. 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.
Public Transport
Bush Mill Station site (15" gauge abandoned)
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
Gormley Park
Kingston Pool & Wellness Centre
Taroona War Memorial
Iron Pot Golf Course
Lone Pine Memorial
Kingston Twin Ovals / Kingborough Cricket Club
Indoor Basket Ball Court
Kingston Beach Golf Course
Kingston Town Shopping Centre
Channel Court Shopping Centre
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 476 asthma sufferers and 196 people living with diabetes. In addition, 227 people have a heart/vascular condition and 459 people live with three or more chronic diseases.A good place to invest in property?
South Arm 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
76 / 100
41 / 100
Industry
35 / 100
40 / 100
Population
58 / 100
40 / 100
House Prices
100 / 100
65 / 100
Jobs
49 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsSouth Arm Primary School
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Southern Christian College
Kingston, TAS, 7050 Independent Prep-12 -
Taroona Primary School
Taroona, TAS, 7053 State K-6 -
South Arm Primary School
South Arm, TAS, 7022 State K-6 -
Kingston Primary School
Kingston, TAS, 7050 State K-6 -
Kingston High School
Kingston, TAS, 7050 State 7-11 -
Taroona High School
Taroona, TAS, 7053 State 7-10 -
Calvin Christian School
Kingston, TAS, 7050 Independent Prep-12 -
Blackmans Bay Primary School
Blackmans Bay, TAS, 7052 State K-6 -
Illawarra Primary School
Blackmans Bay, TAS, 7052 State K-6
Property Story
5 Rainbow Terrace, Opossum Bay, Tas, 7023 is a residential property with bedrooms, bathrooms and Parking spaces. The estimated distance to the sea is only 0.25km and 0.61KM to vegatation considered to be a factor in bushfire risk.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
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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