Spring Beach, located in the picturesque Glamorgan-Spring Bay region of Tasmania, offers a tranquil and attractive housing market, particularly for those seeking a coastal lifestyle. The area is known for its beautiful sandy beaches and scenic surroundings, making it a coveted spot for both permanent residents and holiday homeowners. The real estate market here generally consists of a mix of quaint cottages, modern beachfront homes, and vacant land awaiting development, catering to various preferences and budgets. With its relatively limited inventory, the housing market can be competitive, especially during peak seasons when more people are keen to secure a slice of this serene coastal haven.
Living in Spring Beach offers a peaceful and laid-back lifestyle, ideal for those looking to escape the hustle and bustle of city life. The community is tight-knit and friendly, with local events and activities that foster a strong sense of belonging. Residents enjoy easy access to outdoor activities such as swimming, fishing, and bushwalking, thanks to the area's natural beauty and mild climate. While amenities like shopping centers and schools are more limited compared to urban areas, nearby towns such as Orford and Swansea provide necessary conveniences. This serene setting provides the perfect backdrop for a relaxed lifestyle, where nature takes center stage, and the ocean is just a stone's throw away.
Median Weekly Rent | $280.00 |
Median Monthly Mortgage | $1092.00 |
Median Persons Per bed houseroom | 0.60 |
Average Household Size | 2.00 |
Average Age | 65.00 |
Average Income | $639.00 |
Average Cars Per Dwelling | 1.82 |
Average Properties Within 50M | 3 |
Typical 1 bed house | $596,000 |
Typical 2 bed house | $538,000 |
Typical 3 bed house | $523,000 |
Typical 4 bed house | $452,000 |
Typical 5 bed house | $937,000 |
Housing Stock
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Thinking about buying in Spring Beach? Now could not be a better time, with just 270 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $585,000 with prices in this suburb ranging from $32,000 to $2,442,000. Spring Beach is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Spring Beach 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 Spring Beach 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. The slightly lower than average earnings from occupations in Spring Beach changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Spring Beach 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 Spring Beach 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 Spring Beach a better buying opportunity than it may have been in the past.
Instant Property Valuation368 Rheban Road, Spring Beach, TAS, 7190 | 2 | 3 | 4 | Offers over $1 million |
None within suburb boundary
(While the above schools are located with the suburb of Spring Beach there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 13.9 | 21.6 | 51.4 | 87.4 | 6.7 | 22.6 |
Feb | 1.2 | 13.7 | 20.7 | 55.9 | 87.5 | 6.4 | 18.5 |
Mar | 1.7 | 13.0 | 19.7 | 55.8 | 87.9 | 6.4 | 13.8 |
Apr | 1.3 | 11.4 | 17.6 | 54.3 | 81.7 | 6.2 | 10.1 |
May | 1.5 | 9.6 | 14.9 | 61.6 | 88.5 | 6.5 | 6 |
Jun | 1.8 | 8.4 | 13.2 | 62.7 | 84.9 | 5.9 | 5 |
Jul | 0.8 | 7.5 | 12.7 | 60.7 | 84.9 | 6.4 | 6.1 |
Aug | 1.4 | 7.1 | 13.0 | 59.8 | 87.8 | 6.8 | 8.4 |
Sept | 1.3 | 8.5 | 15.0 | 52.7 | 82.4 | 6.8 | 13 |
Oct | 1.2 | 9.6 | 16.6 | 52.1 | 83.6 | 6.3 | 18.0 |
Nov | 2.0 | 11.0 | 18.0 | 51.5 | 83.5 | 6.5 | 21.1 |
Dec | 1.7 | 12.6 | 19.8 | 53.5 | 86.6 | 6.5 | 24.1 |
source: Australian Government Bureau of Meteorology
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