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Midway Point
TAS, 7171 - Sorell

Thinking about buying in Midway Point? Now could not be a better time, with 1887 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $453,000 with prices in this suburb ranging from $16,000 to $81,861,000. Midway Point is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $354.17
Median Monthly Mortgage $1326.83
Median Persons Per Bedroom 0.78
Average Household Size 2.33
Average Age 40.00
Average Income $739.17
Average Cars Per Dwelling 1.89
Average Properties Within 50M 11

Housing Stock

Average Property Prices

1 Bed  $296,000
2 Bed  $345,000
3 Bed  $654,000
4 Bed  $557,000
5 Bed  $511,000
6 Bed+$292,000

Midway Point Real Estate Market Outlook

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 Midway Point 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 Midway Point 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 Midway Point 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.

Houses for sale Midway Point

At Realty 20 BARILLA CT, MIDWAY POINT, TAS, 7171 Beds3 Bathrooms1 Parking 1 Offers over $595,000
Harcourts 4 BRADY ST, MIDWAY POINT, TAS, 7171 Beds3 Bathrooms1 Parking 1 Offers Around $550,000
LJ Hooker 2 GARDEN LANE, MIDWAY POINT, TAS, 7171 Beds3 Bathrooms2 Parking 8 Offers over $895,000
PRD 26 THIRD AV, MIDWAY POINT, TAS, 7171 Beds5 Bathrooms2 Parking 4 Buyer Enquiry Guide $695,000 - $765,000

Local Schools

Sorell School

(While the above schools are located with the suburb of Midway Point there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Midway Point 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
Jan1.013.023.736.681.55.323.7
Feb1.012.522.741.484.34.819.1
Mar1.111.321.542.285.44.514.4
Apr19.218.743.585.64.510.3
May1.26.915.649.087.24.46.9
Jun1.65.213.456.289.24.15.6
Jul1.04.513.151.787.74.56.1
Aug1.54.913.848.286.54.98.6
Sept1.26.616.142.884.65.012.9
Oct1.38.018.041.284.35.018.4
Nov1.510.019.840.984.45.221.3
Dec1.511.521.839.082.15.324.2

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

PennaSorellSeven Mile BeachCambridgeLewishamOrieltonActon ParkMount RumneyPawleenaDulcot

Public Transport


General Points of Interest

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