Kentish Council, TAS

The Kentish Council TAS real estate market is healthy. The steady rental prices and the low unemployment rates indicate that the stability is set to continue. The Kentish LGA real estate data is a must-see for anyone who is interested in either developing or investing in this market

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The Kentish Council TAS Real Estate Market is welcoming home buyers and renters alike. Homebuyers can expect to find steady number of listings on the market, with the majority of them being homes for sale. Homeowners can also use the site to list their properties for sale, with some even choosing to rent out their homes.

On this LGA page, we provide a comprehensive analysis of real estate market trends and statistics in Kentish Council TAS. The analysis include data on the number of properties sold, typical price, median ret, gross yield and so on. We can use this information to identify major trends in the Kentish Council TAS real estate market. This analysis can help a potential buyer or seller make a more informed decision about their residential property purchase in this area.

The findings show that homes in Kentish Council TAS are becoming more valuable and they are also increasing in number. This means that home buyers and sellers should be active as there is a good possibility that they will find the right property for them. While homes in Kentish Council TAS are becoming more valuable, they are also increasing in number, meaning that there is a good possibility for those looking to buy or sell a house.

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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 

2BR

3BR

4BR

5BR

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 

2BR

3BR

4BR

5BR

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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This chart illustrates historical and projected quarterly typical price and number of sales, which are depicted as blue lines and green bars respectively. Council areas with average sales above 30/quarter and suburbs with sales above 7/quarter commonly produce high confidence forecasts.
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This chart shows historical and projected median rent and number of rentals, depicted as red lines and grey bars respectively. In many markets Rent prices lag the Typical Price by 1-2 years.
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This chart presents the gross rental yield, which is the value you generate from an investment property, represented as a percentage. The higher the percentage the better. Yield that is trending down frequently highlights a high demand market.
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Yield chart
This graph represents the dwelling demand profile for the LGA/suburb, which tends to correlate with the tenant preference for property type and number of bedrooms. Target dwelling type and number of bedrooms with the highest number of sales.
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
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The chart below shows the proportion of units to houses in this area. Generally speaking the fewer units there are, the better.
unit to houses pie charts
The pie chart below shows the percentage of renters to owners in an area. Generally speaking the more owners the better.
Renters to owners pie chart
The chart below shows the IRSAD score for the area. IRSAD stands for the Index of Relative Advantage and Disadvantage. The higher the index, the more well off the population is in the area.
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IRSAD chart
This graph shows online search interest for sale and rent listings. The black line(s) represents the search index, which is the ratio of LGA/suburb searches to the state average. Value of 5 signifies that Buy/Rent searches are at state average. Be wary of areas with SI below 3.
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart
This chart plots the annual percent change in typical prices for all suburbs in this LGA. Suburbs that cross the red (zero) line more than 3 times present poor capital growth opportunities.
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

The most important metric for understanding the supply of homes in a given market. Stock on Market (SoM) is represented by bars which show the number of listings per month, and by a line which indicates the percentage of listed homes compared to the total number of dwellings in the area (SoM Percentage). A higher stock on market indicates a greater supply of properties.
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SOM chart
Inventory levels indicate the amount of stock available in relation to average monthly sales. Inventory levels above 3 months indicate a sizeable amount of stock available, while lower levels indicate diminishing supply. Decreasing inventory level trend can signal that prices may increase in the future.
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Inventory chart
Average number of years properties are re-sold in the area. The higher the value, the lower is the supply in the property market. Changing trend can act as a lead indicator to price increases / decreases.
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

The Days on Market metric shows how long, on average, it takes for listed properties to be sold. A higher number of days means that there is less demand for properties. Measured in days.
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DOM chart
Monthly vacancies (bar) and Vacancy Rates (line) in the area. Vacancy rates serve as a rental market demand indicator. Lower vacancy rates point to greater demand in the rental market. Decreasing vacancy rates can act as a lead indicator to both rental and sale price increases.
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Inventory chart
Auction clearance rates in the area. The higher the clearance rate, the greater is the demand in the market. This metric is most useful at LGA level. Some high density suburbs with active markets can also have good quality clearance rate data. However, this metric is somewhat sparse for 80% of suburbs.
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Auction chart

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
You’re welcome to leave your feedback on our forum.

Property Market in Kentish Council, TAS

What LGAs neighbour Kentish Council, TAS?

Kentish Council is surrounded by 5 other council areas – Waratah-Wynyard, Latrobe, Devonport City, Meander Valley, West Coast.

How many people live in Kentish Council, TAS?

There are approximately 6000 people living in roughly 2700 dwellings with an average 2.4 persons per household.

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

High Street / Main Street Roundabout Project has been proposed by Kentish Council under its 2021-2022 Capital Works Program. This is the first roundabout in Sheffield that will be constructed during this program. The estimated cost is $375,000 with funding coming from the Australian Government’s Black Spot Program.

What major retailers are there in Kentish Council, TAS?

There are convenience stores such as Nica Local, News Food & Wine, Londis, Hilaac Mini Market, Coastcutter.

What is the main industry in Kentish Council, TAS?

The soil of Kent is very fertile and the rainfall patterns are fairly predictable, which allows for agriculture to be the primary industry. These farming practices include beef, dairy, wool, wheat.

What are the dominant demographic groups in Kentish Council, TAS?

Among approximately 6,000 people living in Kentish males and females make up near 51% and 49% respectively. The median age of people is 47 years.

How is unemployment rate trending in Kentish Council, TAS?

Among approximately 2,500 people employed 52% work full-time and 45% work part-time.

Suburbs/localities in this Local Government Area: Cethana 7306, Claude Road 7306, Erriba 7310, Gowrie Park 7306, Barrington 7306, Lorinna 7306, Lower Barrington 7306, Lower Beulah 7306, Lower Wilmot 7310, Melrose 7310, Merseylea 7305, Acacia Hills 7306, Moina 7310, Beulah 7306, Nook 7306, Nowhere Else 7306, Paloona 7310, Paradise 7306, Promised Land 7306, Railton 7305, Roland 7306, Sheffield 7306, South Nietta 7315, South Spreyton 7310, Staverton 7306, Stoodley 7306, Sunnyside 7305, West Kentish 7306, Wilmot 7310

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