Thinking about buying in Upper Burnie? Now could not be a better time, with 1212 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $178,000 with prices in this suburb ranging from $15,000 to $881,000. Upper Burnie is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Upper Burnie Real Estate Market Outlook

In Upper Burnie 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 Upper Burnie 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 Upper Burnie 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. Lower than average industry presence in Upper Burnie 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 Upper Burnie a better buying opportunity than it may have been in the past.

Houses for sale Upper Burnie

	211A MOUNT ST, UPPER BURNIE, TAS, 7320	4	1	1	$469,000
	UNIT 4, 330-332 MOUNT ST, UPPER BURNIE, TAS, 7320	2	1	1
	UNIT 3, 20A FEDERAL ST, UPPER BURNIE, TAS, 7320	2	1	1	$278,000
	5 SCOTT ST, UPPER BURNIE, TAS, 7320	3	1	4	$429,000
	3 CHLOE CT, UPPER BURNIE, TAS, 7320	3	2	2	Best Offer Over $699,000
	16 JACOBS CR, UPPER BURNIE, TAS, 7320	3	1	1	$440,000
	18 PINE AV, UPPER BURNIE, TAS, 7320	3	2	2	Price Range $455,000 - $465,000
	UNIT 3, 19 ABBOTT ST, UPPER BURNIE, TAS, 7320	2	1	1	Best offer over $299,000
	344 MOUNT ST, UPPER BURNIE, TAS, 7320	3	1	1	$470,000
	251 MOUNT ST, UPPER BURNIE, TAS, 7320	3	1	3	Best Offers Over $450,000
	340 MOUNT ST, UPPER BURNIE, TAS, 7320	3	1	1	$430,000
	34 COLEGRAVE RD, UPPER BURNIE, TAS, 7320	0	0	0	$80,000

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