All About Cressy, Northern Midlands, TAS, 7302
Cressy, located in the Northern Midlands of Tasmania, offers a housing market that is appealing for those seeking a rural lifestyle with a touch of charm and tranquility. Known for its generous plots of land and picturesque countryside views, Cressy has become an attractive spot for families and retirees alike. The real estate market here typically features a mix of classic country homes, modern family houses, and large, sprawling estates, many of which boast extensive gardens and proximity to natural attractions. Due to its rural context, the housing prices in Cressy are often more affordable than in urban centers, making it an attractive option for buyers looking for more space and serenity without breaking the bank.
Living in Cressy offers a laidback lifestyle centered around community, nature, and agriculture. The town is known as the "Gateway to Trout Fishing" because of its proximity to excellent fishing spots, including Brumby's Creek and the Macquarie River, making it popular among outdoor enthusiasts. Residents enjoy the peaceful, close-knit community where local events and markets provide opportunities to connect with neighbors. The town's amenities include primary education facilities, a few local shops, and a community health center, ensuring that residents have access to essential services while still enjoying the countryside's tranquility. Cressy’s location, about a 30-minute drive from Launceston, ensures that larger city conveniences are never too far away, providing the ideal balance between rural and city life.
Household Makeup
| Median Weekly Rent | $212.60 |
| Median Monthly Mortgage | $1185.80 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 2.40 |
| Average Age | 42.40 |
| Average Income | $724.60 |
| Average Cars Per Dwelling | 2.27 |
| Average Properties Within 50M | 3 |
| Typical 1 bed house | $389,000 |
| Typical 2 bed house | $195,000 |
| Typical 3 bed house | $373,000 |
| Typical 4 bed house | $648,000 |
| Typical 5 bed house | $370,000 |
| Typical 6 bed+ house | $288,000 |
Housing Stock
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Cressy Real Estate Market Outlook
Thinking about buying in Cressy? Now could not be a better time, with 652 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $11,330,000 with prices in this suburb ranging from $21,000 to $6,968,178,000. The aproximate distance to the coast is 63 Km.
In Cressy 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 Cressy 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 Cressy 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 Cressy 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 Cressy 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 Cressy a better buying opportunity than it may have been in the past.
Instant Property ValuationHouses for sale Cressy
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8C King Street, Cressy, TAS, 7302 |  4 |
 2 |
 1 |
Offers Over $609,000 |
Local Schools
Cressy District High School
Capstone College
(While the above schools are located with the suburb of Cressy there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cressy 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 10.3 | 25.6 | 34.8 | 89.4 | 4.9 | 25.4 |
| Feb | 1.4 | 10.6 | 24.8 | 38.3 | 90.7 | 4.6 | 21.4 |
| Mar | 2.2 | 8.8 | 22.2 | 43.3 | 92.1 | 4.2 | 16.3 |
| Apr | 1.5 | 6.0 | 18.4 | 51.8 | 94.4 | 4.0 | 11.3 |
| May | 1.7 | 3.4 | 14.7 | 61.2 | 95.4 | 3.5 | 7.9 |
| Jun | 1.4 | 1.8 | 12.2 | 66.2 | 96.6 | 3.2 | 5.8 |
| Jul | 2.3 | 1.9 | 11.8 | 65.9 | 95.7 | 3.9 | 6.3 |
| Aug | 1.8 | 2.4 | 12.6 | 58.2 | 94.3 | 4.7 | 9.3 |
| Sept | 1.8 | 4.2 | 15.0 | 53.1 | 94.2 | 4.8 | 13.7 |
| Oct | 1.6 | 5.2 | 17.7 | 48.4 | 93.4 | 4.8 | 19.5 |
| Nov | 2.2 | 7.9 | 20.1 | 47.8 | 93.1 | 4.8 | 23.9 |
| Dec | 1.8 | 8.7 | 23.1 | 39.9 | 92.5 | 5 | 25.1 |
source: Australian Government Bureau of Meteorology
Public Transport
East Tamar - Greater then 10KM
Western Junction - Greater then 10KM
Penny Royal - Greater then 10KM
Windmill - Greater then 10KM
Tamar River Cruises - Greater then 10KM
Cataract Cruises - Greater then 10KM
Nearby Suburbs
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