All About Tooms Lake, Northern Midlands, TAS, 7209
Tooms Lake, located in the Northern Midlands of Tasmania, offers a distinctive glimpse into the region's housing market characterized by its rustic charm and tranquil environment. The area, known for its natural beauty and proximity to the serene Tooms Lake, attracts those seeking a peaceful retreat away from the bustling city life. Properties here often reflect a rural aesthetic, with spacious lands and traditional design elements, making them highly appealing to buyers looking for a country lifestyle. The market remains relatively stable, driven by a combination of locals and an increasing interest from mainland buyers looking for affordable yet picturesque real estate options in Tasmania. The appeal of Tooms Lake is further enhanced by its potential for outdoor activities, such as fishing and bushwalking, making properties here not just investments but lifestyle choices.
Living in Tooms Lake is synonymous with embracing a laid-back, nature-focused lifestyle. The community is small and tight-knit, providing a welcoming and friendly atmosphere for both long-term residents and newcomers. The area is sparse in urban development, which means that amenities are limited compared to larger towns, but this is a trade-off many are willing to make for the serenity and beauty that the region offers. Residents often engage in outdoor activities, taking full advantage of the lake and surrounding bushland, with weekends typically filled with exploring, fishing, or simply enjoying the picturesque landscapes. While the tranquil environment is the main draw, commuting to more developed areas for additional services is part of life for many, highlighting the balance between isolation and connectivity that is central to the Tooms Lake living experience.
Household Makeup
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Housing Stock
Local Internet Speeds
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Tooms Lake Real Estate Market Outlook
Thinking about buying in Tooms Lake? Now could not be a better time, with just 21 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $189,000 with prices in this suburb ranging from $155,000 to $224,000. Tooms Lake is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Tooms Lake 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 Tooms Lake 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 Tooms Lake 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 Tooms Lake 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 Tooms Lake 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 Tooms Lake a better buying opportunity than it may have been in the past.
Instant Property ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Tooms Lake there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Tooms Lake 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 | 1.0 | 9 | 22.2 | 38.7 | 89.2 | 5.2 | 23.7 |
| Feb | 1.4 | 8.6 | 20.9 | 46.7 | 93.1 | 4.2 | 20.3 |
| Mar | 1.7 | 8.0 | 19.4 | 48.3 | 93.5 | 4.4 | 14.7 |
| Apr | 1.7 | 5.4 | 15.3 | 56.0 | 93.8 | 4.5 | 11.2 |
| May | 1.5 | 3.3 | 12.2 | 63.3 | 95.1 | 4.3 | 7.3 |
| Jun | 2.6 | 1.9 | 10.0 | 69.3 | 95.1 | 4.1 | 6.0 |
| Jul | 1.2 | 1.1 | 9.6 | 66 | 95.6 | 4.4 | 6.2 |
| Aug | 2.2 | 1.8 | 10.3 | 62.3 | 94.8 | 5.3 | 9.0 |
| Sept | 2.5 | 3.1 | 12.4 | 55.9 | 92.5 | 5.6 | 13.6 |
| Oct | 1.8 | 4.2 | 14.9 | 51.5 | 91.8 | 4.9 | 19.6 |
| Nov | 2.9 | 6.5 | 17.0 | 53.7 | 93.4 | 4.8 | 22.8 |
| Dec | 2.0 | 7.7 | 19.8 | 45.8 | 91.8 | 5.1 | 25.3 |
source: Australian Government Bureau of Meteorology
Public Transport
Maria Island Ferry - Greater then 10KM
Nearby Suburbs
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