This property is Off Market
With an average age of 54, households expect an average monthly mortgage payment of $1,213 or a weekly rent payment of $250. The average family earns a weekly income of $1,309 with a typical household size of 2.2 and a 90.8% 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 Westbury 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. A mix of professions and above average income earners in Westbury 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 Westbury 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 Westbury 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 Westbury a better buying opportunity than it may have been in the past.
(Country of Birth not stated 5%)
Westbury 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
24 / 100
41 / 100
Industry
21 / 100
40 / 100
Population
30 / 100
40 / 100
House Prices
62 / 100
65 / 100
Jobs
37 / 100
38 / 100
Incidents Trend State Average
Our Lady of Mercy Catholic School
Deloraine, TAS, 7304 Independent Prep-6
Deloraine Primary School
Deloraine, TAS, 7304 State K-6
Westbury Primary School
Westbury, TAS, 7303 State K-6
Deloraine High School
Deloraine, TAS, 7304 State 7-12
Longford Primary School
Longford, TAS, 7301 State K-6
Giant Steps Tasmania
Deloraine, TAS, 7304 Independent U
Hagley Farm Primary School
Hagley, TAS, 7292 State K-6
Prospect High School
Prospect, TAS, 7250 State 7-12
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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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