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Garden Island Creek, TAS 7112

Home » TAS Real Estate Data » Huon Valley Council, TAS » Garden Island Creek, TAS 7112

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Garden Island Creek, TAS 7112 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

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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0 thoughts on “Garden Island Creek, TAS 7112”

  1. The total adult population (15 years or older) of Garden Island Creek 7112 TAS is 215, with a median age of 38. Of those, 27.91% are married, 19.53% are divorced or separated, 45.58% are single and 2.79% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $4,680. The median monthly mortgage repayment for households in this suburb is $1,127 which is 24.08% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Garden Island Creek, postcode 7112, is peacefully situated in Tasmania and has an approximate count of 163 households. As of Q3 2023, the typical price for houses in Garden Island Creek is a comfortable $620,222 with a median weekly rent of $443, these figures generating an attractive indicative yield of 3.71%.

    The socio-economic score for this suburb is 893 out of a possible 1217, hinting at a fairly affluent demographic with access to substantial economic resources, secure income streams and professional occupations. Moreover, the renter to owner ratio is just 13%, indicating a strong owner-occupier market, likely signifying stability and the potential for robust community ties.

    Another unique feature of the property market for this area is a units to houses ratio at 0%, revealing an absence of apartment-style properties and making this location attractive for those seeking a family-oriented suburban enclave. However, the affordability index suggests that achieving full property ownership could take an estimated 52 years, an aspect worth considering for future investment decisions.

    The housing market in Garden Island Creek exhibits promising supply dynamics. The stock on market percentage for houses stands at 0.61%, implying a reasonable and well-balanced supply. Further, an inventory level of just 1.71 months indubitably indicates a relatively fast absorption of new house listings onto the market.

    With a building approvals ratio for houses at 3.68%, the area demonstrates a moderate level of new supply potential. The average ‘Days on Market’ is 36, suggesting that houses listed for sale in this location find buyers reasonably quickly, which is a positive indicator of demand.

    Further strengthening the case for Garden Island Creek as a potential property investment hotspot is the region’s low vacancy rate which, at 0.98%, signals high demand. The driving demand is also reinforced by a buy search index of 6 for houses, underscoring heightened property-buying interest in the area.

    However, it’s worth keeping an eye on these trends and note that some metrics might inevitably fall into unfavourable ranges over time. Managing to strike a balance is key and that’s where HtAG Analytics’ RCS metric can come in handy, offering an automated analysis that integrates over 80 metrics for comprehensive market research.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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