8C King Street, Cressy TAS 7302
This property is Off Market
- The Average property price in this area is $2,821,677, this is based on recent transactions.
- Distance to the coast 71.89 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 Northern Midlands
With an average age of 38, households expect an average monthly mortgage payment of $1,032 or a weekly rent payment of $250. The average family earns a weekly income of $1,662 with a typical household size of 2.3 and a 99.51% employment rate.
In Cressy 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 Cressy 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. Low average earnings from people in Cressy 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. Medium density in Cressy necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Cressy 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 Cressy a better buying opportunity than it may have been in the past.
Public Transport
East Tamar
Penny Royal
Tamar River Cruises
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 543 asthma sufferers and 267 people living with diabetes. In addition, 227 people have a heart/vascular condition and 454 people live with three or more chronic diseases.A good place to invest in property?
Northern Midlands 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
18 / 100
41 / 100
Industry
19 / 100
40 / 100
Population
29 / 100
40 / 100
House Prices
37 / 100
65 / 100
Jobs
14 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCressy District High School
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Perth Primary School
Perth, TAS, 7300 State K-6 -
Longford Primary School
Longford, TAS, 7301 State K-6
Property Story
8C King Street, Cressy, Tas, 7302 is a residential property . The estimated distance to the sea is 71.89km and at least 1.23KM 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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