Meander Valley Council, TAS

Meander Valley Tasmania LGA has all the necessary ingredients for building a thriving residential market. When buying a property in the Meander Valley Council Area it is best to consider the following aspects of the property market: location, type of home, typical price, potential return on investment and more.

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The Meander Valley has many different types of homes to choose from when buying a property. There are many affordable options for those looking to buy their first home and there are also large properties for those with families or multiple generations living together.

The local real estate market is a large portion of what residents in the area buy, sell, and rent. There are a number of factors that will affect the housing market in a given region. Factors such as age demographics, overall economic health, and proximity to major jobs centres can have an influence on prices and availability.

The meander valley council is made up of a variety of towns that have their own housing markets. And so sub-market trends can be quite different from one town to another as well as from the LGA as a whole.

Find out more by inspecting the data below.

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

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 property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Meander Valley Council, TAS

What other property markets are there near Meander Valley Council?

Meander Valley Council is surrounded by 6 other council areas – Northern Midlands, George Town, Break O’Day, West Tamar, Dorset.

How many people live in Meander Valley Council?

There are approximately 19000 people living in Launceston in roughly 9000 dwellings with an average 2.4 people per household.

What are current and planned infrastructure projects in Meander Valley Council?

The Australian government granted $874k to the Meander Valley Council as an investment in land transport projects.

What major retailers are there in Meander Valley Council?

Among the main retailers there are Tasmania Independent Retailers, Tassie Pickers, Seppenfelts Emporium. Gifts & Books.

What is the main industry in Meander Valley Council?

Approximately 16% of MVC’s labor force is employed in health care and social assistance, the most common industry.

What are the dominant demographic groups in Meander Valley Council?

Among approximately 19000 people in Meander Valley males and females make up roughly 49% and 51% respectively. The median age of people in Meander Valley is 45 years.

How is unemployment rate trading in Meander Valley Council?

Among approximately 9000 people employed, 57% work full-time and 41% work part time.

Suburbs/localities in this Local Government Area: Carrick 7291, Caveside 7304, Chudleigh 7304, Cluan 7303, Cradle Mountain 7306, Dairy Plains 7304, Deloraine 7304, Dunorlan 7304, Elizabeth Town 7304, Exton 7303, Frankford 7275, Golden Valley 7304, Hadspen 7290, Hagley 7292, Jackeys Marsh 7304, Kimberley 7304, Liena 7304, Mayberry 7304, Meander 7304, Mersey Forest 7304, Middlesex 7306, Mole Creek 7304, Moltema 7304, Montana 7304, Mount Roland 7306, Needles 7304, Oaks 7303, Birralee 7303, Osmaston 7303, Parkham 7304, Blackstone Heights 7250, Prospect Vale 7250, Quamby Bend 7292, Quamby Brook 7304, Red Hills 7304, Reedy Marsh 7304, Riverside 7250, Rosevale 7292, Selbourne 7292, Bracknell 7302, Travellers Rest 7250, Weegena 7304, Weetah 7304, Westbury 7303, Western Creek 7304, Westwood 7292, Whitemore 7303

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