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Break O’Day Council, TAS

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The Break O’Day Tasmania Real Estate Market is a small but growing market. The market consists of relatively small number of properties, which means that there are many opportunities to find a cheaper property. Having said that, Break O’Day real estate has been on the rise over the last few years due to the low cost of living and population increases from nearby cities.

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The Break O’Day is one of the most beautiful places in Tasmania. This township enjoys a picturesque bay, surrounded by mountain ranges. The area is popular for its natural beauty and is home to various tourist spots.

The town was originally known as Percy Town but changed its name to Break O’Day in 1887 after a surveyor named Alfred O’Riley suggested the new name.

With the real estate market being so vibrant, this has certainly been a boon for homeowners and prospective buyers alike. Break O’Day LGA Tasmania property agents are seeing an increasing number of inquiries from both residents and tourists who want to break into the market and buy property in this region.

The Break O’Day LGA has an active market for both residential and commercial property. The potential for new growth in population means that there is a lot of opportunity in the region.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Break O’Day Council, TAS

What LGAs neighbour Break Oday Council, TAS?

Break Oday Council is surrounded by 4 other council areas – Dorset, Northern Midlands, Launceston City, Glamorgan-Spring Bay.

What is the population of Break O’Day Council, TAS?

According to Australian Bureau of Statistics Break O’Day Council has a population of ~6,300. The council includes the towns of St Helens, St Marys, and Scamander and is classified as a rural area.

What is the main industry in Break O’Day Council, TAS?

Agriculture, Forestry & Fishing are the largest industries in Break O’Day at 36% of all business conducted. Many industries have a much larger contribution to its economy, so overall the sector still has the potential to grow.

What are the dominant demographic groups in Break O’Day Council, TAS?

The Break O’Day Council area has a higher proportion of persons aged 60 or older and a lower proportion of children (under 18) than Northern Tasmania Region.

How is unemployment rate trending in Break O’Day Council, TAS?

Approximately 2000 people living in Break O’Day Council area are employed, of which 52% work part-time and 46% work full-time.

Suburbs/localities in this Local Government Area: Chain Of Lagoons 7215, Cornwall 7215, Ansons Bay 7264, Eddystone 7264, Falmouth 7215, Fingal 7214, Four Mile Creek 7215, Gladstone 7264, Goshen 7216, Goulds Country 7216, Gray 7215, Beaumaris 7215, Lottah 7216, Mangana 7214, Mathinna 7214, Mount William 7264, Binalong Bay 7216, Pyengana 7216, Scamander 7215, Seymour 7215, St Helens 7216, St Marys 7215, Stieglitz 7216, The Gardens 7216, Upper Esk 7214, Upper Scamander 7215, Weldborough 7264, Akaroa 7216

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