This property is Off Market
With an average age of 60, households expect an average monthly mortgage payment of $1,105 or a weekly rent payment of $300. The average family earns a weekly income of $1,600 with a typical household size of 2 and a 94.66% employment rate.
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. Low average incomes in Apollo Bay 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 Apollo Bay 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. Medium density in Apollo Bay 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 Apollo Bay 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 Apollo Bay a better buying opportunity than it may have been in the past.
(Country of Birth not stated 9%)
Bruny Island - Kettering a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
28 / 100
41 / 100
17 / 100
40 / 100
24 / 100
40 / 100
73 / 100
65 / 100
22 / 100
38 / 100
Incidents Trend State Average
PeregrineNicholls Rivulet, TAS, 7112 Independent Prep-10
Woodbridge SchoolWoodbridge, TAS, 7162 State K-10
Tarremah Steiner SchoolHuntingfield, TAS, 7055 Independent Prep-10
Cygnet Primary SchoolCygnet, TAS, 7112 State K-6
Snug Primary SchoolSnug, TAS, 7054 State K-6
Bruny Island District SchoolAlonnah, TAS, 7150 State K-6
Illawarra Primary SchoolBlackmans Bay, TAS, 7052 State K-6
Channel Christian SchoolMargate, TAS, 7054 Independent Prep-6
Margate Primary SchoolMargate, TAS, 7054 State K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.