Thinking about buying in Hillcrest? Now could not be a better time, with 1855 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $674,000 with prices in this suburb ranging from $237,000 to $2,123,000. Hillcrest is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Hillcrest Real Estate Market Outlook

In Hillcrest 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 Hillcrest 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. The slightly lower than average earnings from occupations in Hillcrest changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Hillcrest to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Hillcrest 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 Hillcrest a better buying opportunity than it may have been in the past.

Properties for sale Hillcrest

	21 cherry st, hillcrest, tas, 7320	3	1	1
	22 sampson st, hillcrest, tas, 7320	3	1	1	Best Offer Over $390,000
	41 payne st, hillcrest, tas, 7320	2	1	2	$334,000
	12 woodward av, hillcrest, tas, 7320	3	1	1	Best Offers Over $330,000
	unit 4, 3 hayes st, hillcrest, tas, 7320	2	1	1	Best Offers Over $249,000

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General Points of Interest

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