All About Natone, Burnie, TAS, 7321

Natone, a quaint locality situated within the larger region of Burnie, Tasmania, offers a unique blend of rural charm and accessibility to urban amenities. The housing market in Natone is characterized by its variety of options, from expansive farms and countryside homes to more modest suburban residences. Over recent years, there has been a noticeable interest in this area due to its affordability compared to other Tasmanian locations. The properties here often feature large plots of land, which appeal to those looking for space and privacy. This aspect makes Natone particularly attractive to families seeking a quiet lifestyle or retirees looking for tranquility. The demand, while steadily increasing, still allows for competitive pricing, making it an appealing prospect for first-time homebuyers as well.

Living in Natone offers residents an enviable pace of life, enriched by the surrounding natural beauty and a strong sense of community. The locality's proximity to Burnie means that residents have easy access to larger town amenities such as shopping centers, schools, and healthcare services. This balance of rural and urban living provides a fulfilling lifestyle for those who appreciate outdoor activities, with ample opportunities for hiking, farming, and exploring the Tasmanian wilderness. The community in Natone is known for its welcoming and friendly nature, often organizing local events and gatherings, which foster a neighborly spirit. Overall, living in Natone provides a serene and fulfilling lifestyle, characterized by spacious living environments and a warm, connected community.

Natone Real Estate Market Outlook

Thinking about buying in Natone? Now could not be a better time, with just 132 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $353,000 with prices in this suburb ranging from $20,000 to $1,147,000. Natone is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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 Natone 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 Natone 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 Natone 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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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