All About Surges Bay, Huon Valley, TAS, 7116

Surges Bay, located in the picturesque Huon Valley of Tasmania, is a serene and inviting locality known for its tranquil landscapes and close-knit community atmosphere. The housing market in Surges Bay has been gaining attention due to its affordability compared to the more urban areas of Tasmania. With properties often featuring expansive land and stunning views of the surrounding natural beauty, it has become an attractive option for those looking to escape the hustle and bustle of city life. The market typically offers a mix of traditional cottages and modern homes, appealing to both first-time homebuyers and retirees seeking a peaceful retreat. As demand for homes in areas with natural beauty continues to rise, there have been incremental increases in property values, prompting potential buyers to consider investing sooner rather than later.

Living in Surges Bay offers a lifestyle that is closely connected to nature. The community is surrounded by lush forests and waterways, making it an ideal location for outdoor enthusiasts who enjoy activities like hiking, fishing, and boating. Residents benefit from a slower pace of life, while still having convenient access to essential amenities in nearby towns such as Geeveston and Huonville. The culture in Surges Bay is warm and welcoming, with locals often engaging in community events and gatherings. This sense of community, coupled with the area's natural charm, creates a harmonious and fulfilling living environment. Overall, Surges Bay provides a peaceful and rewarding lifestyle choice for those inclined towards rural living without being too far removed from modern conveniences.

Surges Bay Real Estate Market Outlook

Thinking about buying in Surges Bay? Now could not be a better time, with just 107 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $567,000 with prices in this suburb ranging from $28,000 to $2,193,000. Surges Bay is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Surges Bay 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 Surges Bay 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 Surges Bay 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 Surges Bay 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 Surges Bay a better buying opportunity than it may have been in the past.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!