All About Frankford, West Tamar, TAS, 7275

Frankford, located in the West Tamar region of Tasmania, offers a unique blend of serene rural living and proximity to more bustling areas. The housing market in Frankford is characterized by its relatively affordable property prices, particularly when compared to larger Tasmanian cities like Hobart or Launceston. Prospective homeowners are often attracted to the area due to its spacious properties and the opportunity to enjoy a tranquil, country lifestyle. The market has seen moderate demand, with families and retirees particularly drawn to the area, seeking the calm environment and natural beauty. The rural landscape is dotted with charming homes, many of which incorporate expansive land, providing opportunities for gardening or small-scale farming.

Living in Frankford is marked by a strong sense of community and connection to nature. Residents enjoy vast, open spaces and picturesque views, with plenty of opportunities for outdoor activities such as hiking, cycling, and exploring the scenic Tamar Valley. The community is closely-knit, with local events and gatherings helping to foster a welcoming atmosphere. Despite its rural setting, Frankford provides convenient access to essential amenities, with larger towns like Exeter and Beaconsfield nearby. This balance of peaceful rural life, supportive community networks, and accessibility to services makes Frankford an appealing place for those seeking a quieter lifestyle without sacrificing convenience.

Frankford Real Estate Market Outlook

Thinking about buying in Frankford? Now could not be a better time, with just 112 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $451,000 with prices in this suburb ranging from $24,000 to $748,000. The aproximate distance to the coast is 12 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Frankford due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Frankford 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 Frankford 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

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