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All About Binalong Bay, Break O'day, TAS, 7216

Binalong Bay, nestled within the Break O'Day region of Tasmania, offers a unique and tranquil lifestyle that is highly sought after by both locals and newcomers. This picturesque coastal village is renowned for its stunning white sandy beaches and crystal-clear waters, forming part of the famous Bay of Fires. The housing market in Binalong Bay reflects its desirability, with properties generally being limited due to the area's small, intimate community and the pristine natural environment surrounding it. The homes here often range from charming beach cottages to more modern dwellings that take full advantage of the spectacular ocean views. As these properties can appeal to both permanent residents and holidaymakers, competition can be robust, often leading to steady demand and a stable real estate market.

Living in Binalong Bay is defined by its peaceful and laid-back atmosphere, making it an ideal location for those seeking a sea change. Residents enjoy a close-knit community with amenities that foster a relaxed, outdoor-oriented lifestyle. Activities like fishing, kayaking, and bushwalking are central to life here, with ample opportunities for exploring the nearby national parks and coastline. Binalong Bay's small population ensures that it retains a friendly village feel, where community events and interactions play a significant role in everyday life. However, it's also conveniently located near St Helens, which offers more comprehensive services, including shopping, healthcare, and education options, ensuring residents experience the best of both worlds—secluded coastal living with access to essential amenities.

Household Makeup

Median Weekly Rent $252.50
Median Monthly Mortgage $1275.00
Median Persons Per bed houseroom 0.80
Average Household Size 2.00
Average Age 56.00
Average Income $560.50
Average Cars Per Dwelling 2.01
Average Properties Within 50M 9
Typical 1 bed house$589,000
Typical 2 bed house$521,000
Typical 3 bed house$530,000
Typical 4 bed house$756,000
Typical 5 bed house$706,000
Typical 6 bed+ house$1,145,000

Housing Stock

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Binalong Bay Real Estate Market Outlook

Thinking about buying in Binalong Bay? Now could not be a better time, with 675 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $518,000 with prices in this suburb ranging from $19,000 to $7,721,000. Binalong Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

In Binalong Bay 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 Binalong Bay 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 Binalong Bay provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Binalong 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.

Instant Property Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Binalong Bay there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Binalong Bay weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.413.923.748.389.83.823.9
Feb2.013.622.254.792.23.518.8
Mar3.111.820.657.8943.314.6
Apr1.19.71952.2913.110.8
May1.67.316.456.393.33.17.6
Jun2.65.714.264.695.53.06.3
Jul1.25.013.959.093.53.46.6
Aug1.55.014.153.791.63.69.5
Sept2.36.716.049.290.73.614.0
Oct1.28.017.850.592.13.519.0
Nov3.710.419.553.593.53.522.2
Dec1.911.921.748.490.43.926.6

source: Australian Government Bureau of Meteorology




General Points of Interest


Nearby Suburbs

AkaroaStieglitzThe GardensSt HelensGoshenBeaumarisGoulds CountryAnsons BayLottahUpper Scamander

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