Thinking about buying in Hillcrest? Now could not be a better time, with a whopping 627 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $436,000 with prices in this suburb ranging from $93,000 to $1,610,000.Distance to the coast is 0 Km.
In Hillcrest 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 Hillcrest 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 Hillcrest 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 Hillcrest 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 Hillcrest 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 Hillcrest a better buying opportunity than it may have been in the past.
|Median Weekly Rent||$251.00|
|Median Monthly Mortgage||$1039.00|
|Median Persons Per Bedroom||0.74|
|Average Household Size||2.40|
|Average Cars Per Dwelling||2.29|
|Average Properties Within 50M||13.00|
|UNIT 3, 17A SUTTON ST, HILLCREST, TAS, 7320||2||1||1||$225,000|
|21 SAMPSON ST, HILLCREST, TAS, 7320||3||} 1||0||$389,000|
|CONNE-MARA, 9 MARK ST, HILLCREST, TAS, 7320||3||} 1||2||Best Offers Over $499,000|
|35 CHERRY ST, HILLCREST, TAS, 7320||3||} 1||2||SOLD IN 9 DAYS|
|10 SAMPSON ST, HILLCREST, TAS, 7320||3||} 1||3||UNDER CONTRACT!|
Hillcrest Primary School(While the above schools are located with the suburb of Hillcrest there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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