Thinking about buying in Tallowwood Ridge? Now could not be a better time, with just 32 residential dwellings it's a highly sought after location.
The average property price for this area is $911,000 with prices in this suburb ranging from $315,000 to $2,160,000.
Distance to the coast is 32 Km.
|Median Weekly Rent||$225.00|
|Median Monthly Mortgage||$1357.00|
|Median Persons Per Bedroom||0.70|
|Average Household Size||2.00|
|Average Cars Per Dwelling||2.02|
|Average Properties Within 50M||1|
|1 Bed $446,000|
|3 Bed $813,000|
|5 Bed $2,068,000|
In Tallowwood Ridge 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 Tallowwood Ridge 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. Low average earnings from people in Tallowwood Ridge leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Tallowwood Ridge the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
None within suburb boundary(While the above schools are located with the suburb of Tallowwood Ridge there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
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source: Australian Government Bureau of Meteorology
|16-02-2021||$435,000||1313 LOWER BIELSDOWN RD TALLOWWOOD RIDGE 2453|
|15-01-2021||$240,000||1043 CORAMBA RD TALLOWWOOD RIDGE 2453|
|12-08-2020||$1,425,000||406 LOWER BIELSDOWN RD TALLOWWOOD RIDGE 2453|
|28-11-2019||$1,500,000||326 BILLINGS RD TALLOWWOOD RIDGE 2453|
|08-08-2018||$500,000||454 LOWER BIELSDOWN RD TALLOWWOOD RIDGE 2453|
|29-03-2018||$1,375,000||260 RODGERS RD W TALLOWWOOD RIDGE 2453|
|09-12-2016||$880,000||208 LOWER BIELSDOWN RD TALLOWWOOD RIDGE 2453|
|01-08-2016||$350,000||1318 LOWER BIELSDOWN RD TALLOWWOOD RIDGE 2453|
|05-11-2015||$385,000||1225 LOWER BIELSDOWN RD TALLOWWOOD RIDGE 2453|
|23-05-2014||$300,000||776 LOWER BIELSDOWN RD TALLOWWOOD RIDGE 2453|
|15-01-2014||$110,000||1311 LOWER BIELSDOWN RD TALLOWWOOD RIDGE 2453|
|19-09-2008||$1,050,000||44 LOWER BIELSDOWN RD TALLOWWOOD RIDGE 2453|
|19-06-2008||$1,200,000||260 RODGERS RD W TALLOWWOOD RIDGE 2453|
|08-02-2005||$372,500||206 LOWER BIELSDOWN RD TALLOWOOD RIDGE 2453|
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