Cressy
TAS, 7302
-
Northern Midlands
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.
Household Makeup
| Median Weekly Rent | $212.60 |
| Median Monthly Mortgage | $1185.80 |
| Median Persons Per Bedroom | 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 |
Housing Stock
Average Property Prices
| 1 Bed $389,000 |
| 2 Bed $195,000 |
| 3 Bed $373,000 |
| 4 Bed $648,000 |
| 5 Bed $370,000 |
| 6 Bed+$288,000 |
Cressy Real Estate Market Outlook
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.
Houses for sale Cressy
|
8c king st, 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
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
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
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