All About Emu Heights, Burnie , TAS 7320

Emu Heights Real Estate Market Outlook

Thinking about buying in Emu Heights? Now could not be a better time, with just 97 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $219,000 with prices in this suburb ranging from $55,000 to $752,000. Emu Heights 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.

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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Emu Heights due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Emu Heights provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Emu Heights 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 Emu Heights 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 Emu Heights a better buying opportunity than it may have been in the past.

Instant Property Valuation

Emu Heights, a quaint suburb of Burnie in Tasmania, offers a unique blend of serene residential living with convenient access to urban amenities. The housing market in Emu Heights is characterized by a variety of property types, from charming older homes that reflect the area's history to modern developments that cater to contemporary tastes. Due to its appealing setting, nestled amidst lush green landscapes and scenic views, Emu Heights has drawn interest from both local buyers and those from mainland Australia seeking a peaceful lifestyle. The market sees steady demand, with houses often snapped up quickly due to their affordability compared to larger cities. This makes Emu Heights an attractive prospect for first-time homebuyers and investors looking for value in a growing region.

Living in Emu Heights provides a genuine sense of community and a slower pace of life that many find refreshing. The suburb's proximity to Burnie ensures that residents have easy access to essential services, entertainment, and employment opportunities without sacrificing the peaceful ambiance of suburban life. Emu Heights is surrounded by beautiful natural attractions, including parks and walking trails, which are perfect for outdoor enthusiasts. Additionally, the area boasts good schools and family-friendly amenities, making it ideal for raising children. With its welcoming atmosphere and a backdrop of rolling hills and coastline, Emu Heights is a charming place to call home, offering the perfect balance between seclusion and connectivity.

---

---

---

---

}

---

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!