Thinking about buying in Tea Tree? Now could not be a better time, with just 263 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $570,000 with prices in this suburb ranging from $49,000 to $1,882,000. Tea Tree is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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| Average Income | $ |
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| Average Properties Within 50M |
Housing Stock
Average Property Prices
Tea Tree Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Tea Tree are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Tea Tree 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 Tea Tree 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.
Properties for sale Tea Tree
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792 MIDDLE TEA TREE RD, TEA TREE, TAS, 7017 |  4 |
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Expressions of interest closing 14 November, 4pm |
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273 GRICES RD, TEA TREE, TAS, 7017 | 3 |
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Contact Agent | |
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902 TEA TREE RD, TEA TREE, TAS, 7017 | 3 |
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Expressions of Interest |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Tea Tree there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Tea Tree weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.2 | 11.8 | 25.0 | 37.0 | 86.3 | 4.7 | 23.6 |
| Feb | 1.1 | 11.3 | 23.9 | 41.5 | 89.6 | 4.1 | 19.3 |
| Mar | 1.1 | 10.0 | 22.2 | 43.4 | 89.4 | 4.0 | 14.0 |
| Apr | 0.8 | 7.8 | 19.2 | 46.4 | 89.9 | 4.0 | 10.3 |
| May | 1.3 | 5.8 | 15.7 | 53.7 | 89.8 | 4.0 | 6.3 |
| Jun | 1.7 | 3.8 | 13.6 | 59.0 | 92.3 | 3.7 | 5.8 |
| Jul | 1.2 | 3.6 | 13.1 | 56.4 | 90.0 | 4.1 | 6.2 |
| Aug | 1.7 | 3.8 | 13.8 | 52.9 | 89.2 | 4.4 | 8.8 |
| Sept | 1.2 | 5.6 | 16.4 | 47.2 | 87.8 | 4.5 | 12.8 |
| Oct | 1.4 | 6.7 | 18.5 | 45.2 | 89.8 | 4.4 | 18.4 |
| Nov | 1.8 | 8.9 | 20.4 | 45.6 | 90.4 | 4.5 | 21.3 |
| Dec | 1.6 | 10.6 | 22.9 | 42.0 | 88.4 | 4.6 | 24.7 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Peppermint Bay Cruises - Greater then 10KM
MONA ferry - Greater then 10KM
Hobart City (Brooke St) Ferry Terminal - Greater then 10KM
Bellerive Village Ferry Terminal - Greater then 10KM
Tasmanian Transport Museum - Greater then 10KM
Hobart Cruise Ship Terminal - Greater then 10KM
General Points of Interest
Richmond Valley Golf Course - Less than 10 KM
Richmond Bridge - Less than 10 KM
Old Hobart Town - Less than 10 KM
Amaze Richmond - Less than 10 KM
Brighton Racecourse - Less than 10 KM
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