All About Wivenhoe, Burnie, TAS, 7320

Wivenhoe, a suburb of Burnie in Tasmania, offers a unique blend of coastal charm and suburban comfort, making it an attractive option for homebuyers and renters alike. The housing market in Wivenhoe is characterized by a diverse mix of property types, including quaint cottages, modern townhouses, and expansive family homes. This diversity accommodates a range of budgets and preferences, allowing buyers to find a home that suits their lifestyle needs. Recently, the market has seen a steady increase in demand driven by Wivenhoe's proximity to the coast and the inviting community feel, offering a combination of affordability and value when compared to larger cities.

Living in Wivenhoe means embracing a laid-back, community-centric lifestyle, with the added benefit of being close to both natural attractions and urban amenities. Residents enjoy stunning views of the Bass Strait, access to scenic waterfronts, and plenty of outdoor activities, including fishing, walking trails, and beach outings. Additionally, Wivenhoe boasts a strong sense of community, with local events and social gatherings that foster connections among residents. With Burnie’s city center just a short drive away, Wivenhoe provides the perfect balance of tranquility and convenience, making it an ideal location for families, retirees, and anyone looking to enjoy the unique Tasmanian coastal living experience.

Wivenhoe Real Estate Market Outlook

Thinking about buying in Wivenhoe? Now could not be a better time, with just 275 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $212,000 with prices in this suburb ranging from $26,000 to $683,000. Wivenhoe 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 Wivenhoe 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 Wivenhoe 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 Wivenhoe 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. Lower than average population density constrains growth in Wivenhoe to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Wivenhoe 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 Wivenhoe a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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