Thinking about buying in Risdon Vale? Now could not be a better time, with 1281 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $255,000 with prices in this suburb ranging from $17,000 to $1,142,000. Risdon Vale is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Risdon Vale Real Estate Market Outlook

In Risdon Vale 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 Risdon Vale 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 Risdon Vale 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 Risdon Vale 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.

Houses for sale Risdon Vale

	74 sugarloaf rd, risdon vale, tas, 7016				Prices from $220,000
	4 waratah rd, risdon vale, tas, 7016	3	1	2	Offers over $465,000
	14 wilga rd, risdon vale, tas, 7016	3	1	1	$440,000 - $460,000
	28 lantana rd, risdon vale, tas, 7016	3	1	4	439000

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