Premaydena Real Estate, TAS, 7185 Tasman

Thinking about buying in Premaydena? Now could not be a better time, with just 116 residential dwellings it's a highly sought after location.

The average property price for this area is $844,000 with prices in this suburb ranging from $322,000 to $1,566,000.

Distance to the coast is 0 Km.

Premaydena Real Estate Market Outlook

In Premaydena 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 Premaydena 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 Premaydena 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 Premaydena 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 Premaydena a better buying opportunity than it may have been in the past.


Properties For Sale

Elders Real Estate 30 CEMETERY RD, PREMAYDENA, TAS, 7185 3 3 3 Offers Over $2.3 Million

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Premaydena there may also be nearby schools whose catchments cover this suburb)

Local Crime Rates

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source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

Internet Speed

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