Thinking about buying in Grasstree Hill? Now could not be a better time, with just 66 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $420,000 with prices in this suburb ranging from $334,000 to $582,000. Grasstree Hill is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $272.50 |
| Median Monthly Mortgage | $1083.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 32.00 |
| Average Income | $606.50 |
| Average Cars Per Dwelling | 1.81 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 1 Bed $405,000 |
| 2 Bed $405,000 |
| 3 Bed $391,000 |
| 4 Bed $549,000 |
Grasstree Hill Real Estate Market Outlook
In Grasstree Hill 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 Grasstree Hill 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 Grasstree Hill 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Grasstree Hill the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Houses for sale Grasstree Hill
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673 GRASSTREE HILL RD, GRASSTREE HILL, TAS, 7017 |  3 |
 1 |
 2 |
Offers Over $595,000 |
Local Schools
Risdon Vale Primary School
(While the above schools are located with the suburb of Grasstree Hill there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Grasstree Hill 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 | 1.2 | 11.8 | 25.0 | 37.0 | 86.3 | 4.7 | 23.6 |
| Feb | 1.1 | 11.3 | 23.9 | 41.5 | 89.6 | 4.1 | 19.3 |
| Mar | 1.1 | 10.0 | 22.2 | 43.4 | 89.4 | 4.0 | 14.0 |
| Apr | 0.8 | 7.8 | 19.2 | 46.4 | 89.9 | 4.0 | 10.3 |
| May | 1.3 | 5.8 | 15.7 | 53.7 | 89.8 | 4.0 | 6.3 |
| Jun | 1.7 | 3.8 | 13.6 | 59.0 | 92.3 | 3.7 | 5.8 |
| Jul | 1.2 | 3.6 | 13.1 | 56.4 | 90.0 | 4.1 | 6.2 |
| Aug | 1.7 | 3.8 | 13.8 | 52.9 | 89.2 | 4.4 | 8.8 |
| Sept | 1.2 | 5.6 | 16.4 | 47.2 | 87.8 | 4.5 | 12.8 |
| Oct | 1.4 | 6.7 | 18.5 | 45.2 | 89.8 | 4.4 | 18.4 |
| Nov | 1.8 | 8.9 | 20.4 | 45.6 | 90.4 | 4.5 | 21.3 |
| Dec | 1.6 | 10.6 | 22.9 | 42.0 | 88.4 | 4.6 | 24.7 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Peppermint Bay Cruises - Greater then 10KM
MONA ferry - Greater then 10KM
Hobart City (Brooke St) Ferry Terminal - Greater then 10KM
Bellerive Village Ferry Terminal - Greater then 10KM
Bruny Island Ferry - Kettering - Greater then 10KM
Tasmanian Transport Museum - Less than 10 KM
Hobart Cruise Ship Terminal - Greater then 10KM
General Points of Interest
Old Hobart Town - Less than 10 KM
Conservatory - Less than 10 KM
Clarence Sports Centre - Less than 10 KM
Clarence Swimming Pool - Less than 10 KM
Tasmanian Hockey Centre - Less than 10 KM
Glenorchy Aquatic Centre - Less than 10 KM
New Town Plaza - Less than 10 KM
King George V Oval - Less than 10 KM
Elwick Racecourse - Less than 10 KM
Lindisfarne War Memorial - Less than 10 KM
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