Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Downlands due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Downlands 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 Downlands necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|7 COONEY CT, DOWNLANDS, TAS, 7320||2||1||Best offer over $339,000|
|13 DAMIAN AV, DOWNLANDS, TAS, 7320||3||1||1||Best offer over $409,000|
None within suburb boundary(While the above schools are located with the suburb of Downlands 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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