Derwent Valley Council, TAS

In general, property in the Derwent Valley is relatively affordable. This is reflected by the low land rates and property prices. Moreover, the town of Derwent is home to a variety of natural attractions and activities. It is a short drive from Tasmania’s largest inland city, Hobart, and about an hour from all of Tasmania’s major attractions including Queenstown and the Man of Oz, Hobart. In fact, the River Derwent, Mount Franklin, and the Seven Sisters hike are all located within an hour’s drive.

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Many types of properties are available for sale in this region. The popular estate and small-lot subdivisions are popular options for buyers looking for a sense of security. Buyers looking for a detached house or a townhouse will also find plenty of options to choose from.

Accessible mountain property will suit retirees with different requirements and lifestyle preferences. The Council does not have residential land in the Hobart suburb of Sandy Bay, which means that there is plenty of choice for those looking for a quiet coastal retreat. Close to a well-known surfing beach, many buyers prefer the serenity of the coastline with expansive views across the Tasman. Also located in Sandy Bay is Trinity Beach, a popular suburb that is close to both main shopping centers and local eateries.

The region is uniquely positioned to benefit from a well-planned and flexible development, and it is encouraging to see that developers continue to create sustainable communities in the region. Though these projects are not quite ready to enter the real estate market just yet, we will soon start seeing housing developments, community facilities, town centers and schools in the proposed locations. All in all, the future seems bright for the regions as well as for DVC itself.

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Capital Growth Heatmap

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.

Buy

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Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

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Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Derwent Valley Council, TAS

What LGAs neighbour Derwent Valley Council, TAS?

Derwent Valley Council is surrounded by 6 other council areas – West Coast, Glenorchy City, Brighton, Southern Midlands, Central Highlands, Huon Valley.

How many people live in Derwent Valley Council, TAS?

There are roughly 10000 people living in approximately 4,500 dwellings with an average household size of 2.4.

What are current and planned infrastructure projects in Derwent Valley Council, TAS?

A $500 million project for community and residential precinct has been initiated by Queensland-based Noble Ventures. The project includes plans for a 100-room hotel, a 100-bed private hospital, a marketplace, childcare center, 700 residential lots.

What major retailers are there in Derwent Valley Council, TAS?

There are several national retailers such as Coles Express, Woolworths. Supermarkets and grocery stores include Hellas Store, Barossa Supermarket, Salamanca Fresh, Berriedale Store.

What is the main industry in Derwent Valley Council, TAS?

The hop industry is a considerable primary industry in the Derwent Valley.

What are the dominant demographic groups in Derwent Valley Council, TAS?

Among approximately 10,000 people living in Derwent Valley male and female make 50% respectively. The median age of people in Derwent Valley is 43 years.

How is unemployment rate trading in Derwent Valley Council, TAS?

Approximately 4000 people living in Derwent Valley Council area are employed, of which 41% working part-time and 56% working full-time.

Suburbs/localities in this Local Government Area: Claremont 7011, Collinsvale 7012, Fitzgerald 7140, Florentine 7140, Glenfern 7140, Glenlusk 7012, Glenora 7140, Granton 7030, Hayes 7140, Karanja 7140, Lachlan 7140, Lawitta 7140, Macquarie Plains 7140, Magra 7140, Malbina 7140, Maydena 7140, Molesworth 7140, Moogara 7140, Mount Field 7140, Mount Lloyd 7140, National Park 7140, New Norfolk 7140, Black Hills 7140, Plenty 7140, Rosegarland 7140, Sorell Creek 7140, Boyer 7140, Strathgordon 7139, Styx 7140, Tyenna 7140, Uxbridge 7140, Westerway 7140, Bushy Park 7140

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