Unit 4, 7-9 BANK STREET Mowbray TAS 7248
This property is Off Market
- The Average property price in this area is $255,702, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 41.01 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Mowbray
With an average age of 28, households expect an average monthly mortgage payment of $1,167 or a weekly rent payment of $300. The average family earns a weekly income of $1,312 with a typical household size of 3 and a 90.03% employment rate.
In Mowbray 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 Mowbray 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 Mowbray 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. Lower than average population density constrains growth in Mowbray to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Mowbray 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 Mowbray a better buying opportunity than it may have been in the past.
Public Transport
East Tamar
Penny Royal
Tamar River Cruises
General Points of Interest
Northern Athletics Centre
BMX track
Trevallyn War Memorial
Penny Royal Windmill
Poppy Garden
Launceston Aquatic
Statue of Venus
Senses Garden Fountain
Water Wheel
Horse Riding Area
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 509 asthma sufferers and 196 people living with diabetes. In addition, 154 people have a heart/vascular condition and 398 people live with three or more chronic diseases.A good place to invest in property?
Mowbray 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
13 / 100
41 / 100
Industry
20 / 100
40 / 100
Population
19 / 100
40 / 100
House Prices
54 / 100
65 / 100
Jobs
09 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMowbray Heights Primary School
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Launceston Church Grammar School
Mowbray, TAS, 7248 Independent Prep-12 -
St Finn Barr's Catholic Primary School
Invermay, TAS, 7248 Independent Prep-6 -
Invermay Primary School
Invermay, TAS, 7248 State K-6 -
Riverside Primary School
Riverside, TAS, 7250 State K-6 -
Mowbray Heights Primary School
Mowbray, TAS, 7248 State K-6
Property Story
Unit 4, 7-9 Bank Street, Mowbray, Tas, 7248 is a residential property with 3 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $435,000 while properties of this type typically sell for between $360,000 and $695,000 in this suburb. The estimated distance to the sea is 41.01km and 0.14KM 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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