220 Mansons Road, Egg Lagoon TAS 7256
This property is Off Market
- The Average property price in this area is $324,667, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 5.57 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About King Island
With an average age of 45, households expect an average monthly mortgage payment of $1,730 or a weekly rent payment of $200. The average family earns a weekly income of $1,928 with a typical household size of 2.2 and a 99.59% employment rate.
In Egg Lagoon 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. High average incomes in Egg Lagoon ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Egg Lagoon 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 Egg Lagoon 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.
Population
(Country of Birth not stated 17%)
Are people healthy?
A good place to invest in property?
King Island a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
60 / 100
41 / 100
Industry
07 / 100
40 / 100
Population
02 / 100
40 / 100
House Prices
28 / 100
65 / 100
Jobs
07 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
King Island District High School
Currie, TAS, 7256 State K-12
Property Story
220 Mansons Road, Egg Lagoon, Tas, 7256 is a residential property . The estimated distance to the sea is 5.57km and 0.25KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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