All About Levendale, Southern Midlands, TAS, 7120

Levandale, nestled in the Southern Midlands of Tasmania, offers a unique and inviting housing market that reflects the charm and tranquility of rural living. The region is characterized by its affordability compared to more urban areas, making it an attractive option for first-time homebuyers and those seeking a peaceful lifestyle. Properties in Levandale range from charming cottages and heritage homes to more modern builds, offering a variety of choices to suit different tastes and budgets. The area’s scenic beauty, with its rolling hills and expansive open spaces, adds to the appeal, attracting individuals who appreciate the serene environment and slower pace of life. The housing market here is relatively stable, with gradual appreciation, presenting investors with growth opportunities while maintaining a welcoming atmosphere for new residents.

Living in Levandale offers a wonderful blend of community spirit and rural comfort. Residents enjoy a close-knit community where neighbors often know each other and local events play a significant role in fostering connections. Despite its rural setting, Levandale is equipped with essential amenities, ensuring that residents do not have to venture far for their daily needs. The area is also rich in history, with charming historical sites and picturesque landscapes that offer numerous recreational activities, from hiking to exploring local heritage. Its location in the Southern Midlands allows for easy access to larger cities when needed, providing a perfect balance between seclusion and connectivity. Overall, life in Levandale is marked by its relaxed atmosphere, ideal for those seeking a peaceful retreat without losing the sense of community and convenience.

Levendale Real Estate Market Outlook

Thinking about buying in Levendale? Now could not be a better time, with just 97 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $366,000 with prices in this suburb ranging from $31,000 to $672,000. The aproximate distance to the coast is 16 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Levendale 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 high percentage of professional people in Levendale 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 Levendale 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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