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Unit 2,
8 TARANAKI PLACE Snug TAS 7054

This property is Off Market

All about Snug Homes for sale in Snug

The Average property price in this area is $561,265, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 0.67 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

LJ Hooker 2 SNOW GUM DR, Offers Over $760,000 3 Beds - 2 Baths - 2 Parking Within 0.3 km Stone Real Estate 5 BEACH RD, Offers over $750,000 3 Beds - 1 Baths - 3 Parking Within 0.4 km Stone Real Estate 7 TORPY AV, Price Range $640,000 - $680,000 4 Beds - 2 Baths - 3 Parking Within 0.4 km PRD 2176 CHANNEL HWY, Offers Over $1,295,000 3 Beds - 3 Baths - 3 Parking Within 0.5 km

Recently Sold Properties in this Area

About Margate - Snug

With an average age of 31, households expect an average monthly mortgage payment of $1,603 or a weekly rent payment of $360. The average family earns a weekly income of $2,100 with a typical household size of 3 and a 96.66% employment rate.

Consistent high demand relative to supply is a key feature in Snug driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Snug 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. The high percentage of professional people in Snug 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 Snug 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.

Public Transport

Peppermint Bay Cruises ship

MONA ferry ship

Hobart City (Brooke St) Ferry Terminal ship

Bellerive Village Ferry Terminal ship

Bruny Island Ferry - Kettering ship

Roberts Point Ferry Terminal train

Tasmanian Transport Museum ship

Hobart Cruise Ship Terminal

General Points of Interest

Snug Bushfire Memorial monument

Margate War Memorial

Margate Train monument

Missing Persons Garden golf

North West Bay Golf Course

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 989 asthma sufferers and 255 people living with diabetes. In addition, 366 people have a heart/vascular condition and 752 people live with three or more chronic diseases.

A good place to invest in property?

Margate - Snug 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

66 / 100

41 / 100

Industry

72 / 100

40 / 100

Population

63 / 100

40 / 100

House Prices

91 / 100

65 / 100

Jobs

86 / 100

38 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Snug Primary School
Margate Primary School
Margate, TAS, 7054 State K-6
Snug Primary School
Snug, TAS, 7054 State K-6
Blackmans Bay Primary School
Blackmans Bay, TAS, 7052 State K-6
Channel Christian School
Margate, TAS, 7054 Independent Prep-6
St Aloysius Catholic College
Huntingfield, TAS, 7055 Independent Prep-10

Property Story

Unit 2, 8 Taranaki Place, Snug, Tas, 7054 is a residential property with 2 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $635,000 while properties of this type typically sell for between $525,000 and $570,000 in this suburb. The estimated distance to the sea is only 0.67km and 0.1KM 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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