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Great Bay
TAS, 7150 - Kingborough

Thinking about buying in Great Bay? Now could not be a better time, with just 101 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $382,000 with prices in this suburb ranging from $41,000 to $744,000. Great Bay 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

Household Makeup

Median Weekly Rent $300.00
Median Monthly Mortgage $1105.00
Median Persons Per Bedroom 0.90
Average Household Size 2.00
Average Age 60.00
Average Income $727.00
Average Cars Per Dwelling 2.12
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $254,000
2 Bed  $263,000
3 Bed  $400,000
5 Bed  $398,000

Great Bay Real Estate Market Outlook

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 Great 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 Great 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 Great 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 Great 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 Great Bay a better buying opportunity than it may have been in the past.

Houses for sale Great Bay

First National 7 BLYTH PDE, GREAT BAY, TAS, 7150 Beds3 Bathrooms1 Parking 4 Offers Over $680,000
First National 1869 BRUNY ISLAND MAIN RD, GREAT BAY, TAS, 7150 Beds3 Bathrooms1 Parking 10 Offers Over $1,100,000

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Great Bay weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.113.222.346.983.74.822.5
Feb1.013.121.350.684.74.418.2
Mar1.512.220.153.485.54.113.1
Apr1.110.417.654.485.84.09.0
May1.38.51558.886.74.06.0
Jun1.87.213.264.888.33.64.9
Jul1.36.312.660.986.44.26.1
Aug1.86.113.259.586.248.7
Sept1.27.615.15384.54.712.7
Oct1.28.817.251.484.54.817.6
Nov1.410.218.451.286.34.619.9
Dec1.61220.450.084.04.822.8

source: Australian Government Bureau of Meteorology


Internet Speed

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Nearby Suburbs

North BrunySimpsons BayApollo BayFlowerpotBarnes BayMiddletonBirchs BayAlonnahGordonAdventure Bay

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