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Retreat TAS 7254: Property Market Report & Real Estate Insights

Part of Launceston, TAS

Property Market

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Typical House Prices

Typical Homes & Property Types

Average Internet Speeds in Retreat

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Retreat Real Estate Market Outlook

Thinking about buying in Retreat? Now could not be a better time, with just 19 residential dwellings it's a highly sought after location. Retreat is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Living in Retreat

In Retreat 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 Retreat 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. A mix of professions and above average income earners in Retreat provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Retreat 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 Retreat 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 Retreat a better buying opportunity than it may have been in the past.

Instant Property Valuation



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2022-09-09 $490,000 282 Pringle Road Retreat, TAS
2022-07-11 $400,000 585 Stone Hut Road Retreat, TAS
2021-11-12 $570,000 332 Pringle Road Retreat, TAS
2018-05-23 $340,000 669 Comara Road Retreat, TAS
2017-12-15 $470,000 332 Pringle Road Retreat, TAS
2017-11-28 $295,000 282 Pringle Road Retreat, TAS
2017-08-30 $295,000 585 Stone Hut Trl Retreat, TAS
2016-08-05 $280,000 911 Comara Road Retreat, TAS
2015-04-28 $220,000 882 Comara Road Retreat, TAS
2014-11-27 $370,000 478 Comara Road Retreat, TAS
2014-08-21 $190,000 882 Comara Road Retreat, TAS
2014-06-25 $315,000 442 Comara Road Retreat, TAS
2013-06-07 $280,000 170 Comara Road Retreat, TAS
2013-01-22 $400,000 232 Pringle Road Retreat, TAS
2013-01-16 $349,000 324 Comara Road Retreat, TAS
2011-12-22 $450,000 391 Stone Hut Trl Retreat, TAS
2009-04-24 $280,000 442 Comara Road Retreat, TAS
2008-12-09 $335,000 1086 Comara Road Retreat, TAS
2007-04-11 $133,333 1405 Retreat Road Retreat, TAS
2007-02-12 $68,000 251 Comara Road Retreat, TAS
2007-01-31 $220,000 645 Comara Road Retreat, TAS
2006-11-08 $280,000 282 Pringle Road Retreat, TAS
2005-07-11 $66,000 169 Comara Road Retreat, TAS

Local Schools

No local schools recorded within the suburb boundary.


Is Retreat a safe suburb?

Incidents Trend State Average

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Balmain East 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
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology


Nearby Suburbs

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