Glamorgan-Spring Bay Council, TAS
Glamorgan-Spring Bay Council is a Local Government in Tasmania, Australia. Glamorgan-Spring Bay Council was formed in 1994 following the amalgamation of Glamorgan Shire and Spring Bay Municipality.
The council oversees 626 square kilometres which include Bridport, South Bruny Island, Penguin, Granton and Swansea on mainland Tasmania. Australia. It is a rural area with coastal areas, bays and rivers. A typical property will have a large garden. The popular real estate areas in the region are Burnie and Wynyard.
The Glamorgan-Spring Bay Council has a large range of services to offer its residents including rubbish bins, recycling facilities and free firewood for those who live in the bushfire-prone areas of Togo’s Marsh and Invermay. In addition to the local services they also provide community grants for things such as playgrounds, bus shelters or other community needs that arise from time to time.
Glamorgan-Spring Bay is a popular tourist destination in Tasmania, so it is a good idea to find a property that will not only meet your needs but also offer the opportunity for tenants to rent. It’s important to ensure you have the right space. The investment may be worth it as this is an up and coming area with potential for growth.
For the average person, buying an investment property can be daunting. There are many decisions that need to be made, and with the wide variety of properties on offer in this LGA, it is difficult to find the right one. There are many things that buyers should consider when deciding on a property type. Whether an apartment or house, they must think about whether there is room for the tenant’s family, how much time they intend to spend at home and if the location is safe enough for their children.
It’s important to think about all of these things as well as budgeting before purchasing a property. Explore the data further and learn more on this page.
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.
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.
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.
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.
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.
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.
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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AUS Suburbs ( houses )
|Suburb||Bedrooms||Sales||Typical Price||typical_price||YoY Price Growth||Rentals||Rent||median_rent||YoY Rent Increase||Gross Yield||Capital Growth||Total ROI||Cashflow Increase||Rent Increase||Confidence||sort||Error Rate||Growth Rate||Discounting||DoM||DoRM||Vacancy Rate||Vacancies||SoM||SoM %||Buy SI||Rent SI||Inventory||R|O Ratio||U|H Ratio||U|HV Ratio||Clearence Rate||Hold Period||IRSAD||Population||Future Metric 3||Future Metric 4||sort_roi||sort_cg||low_range_cap_growth||high_range_cap_growth||low_range_roi||high_range_roi||Council Area|
Not sure what this data means? See HtAG Data Dictionary for guidance.
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Confidence: High, Medium, Low
Stock on Market
Days on Market
All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
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Property Market in Glamorgan-Spring Bay Council, TAS
The population of the Glamorgan Spring Bay is approximately 4,500 people living in approximately 1800 dwellings with the average household of 2 persons.
The major projects include Spring Bay Harbour Expansion, Bicheno Triangle Project, Coles Bay Foreshore Walk project.
The main retailers are Morris’ Store, Oxford Festival IGA Supermarket, Coles Bay Express.
Most towns in this area have a focus on employment in tourism, fishing, grazing and aquaculture. Farming made a recent transition from marginal activities to more lucrative cash cropping such as viticulture, olives and walnuts.
Among approximately 4500 people living in Glamorgan Spring Bay males and females make up 51% and 49% respectively. The median age is 56 years.
Among approximately 2000 people employed 47% working part-time and 50% working full-time.
Suburbs/localities in this Local Government Area: Coles Bay 7215, Cranbrook 7190, Dolphin Sands 7190, Douglas River 7215, Douglas-Apsley 7215, Apslawn 7190, Freycinet 7215, Friendly Beaches 7215, Levendale 7120, Little Swanport 7190, Bicheno 7215, Orford 7190, Pontypool 7190, Rheban 7190, Rocky Hills 7190, Runnymede 7190, Spring Beach 7190, Swansea 7190, Triabunna 7190, Woodsdale 7120, Schouten Island 7215, Maria Island 7190, Buckland 7190