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Blackstone Heights, TAS 7250

Home » TAS Real Estate Data » Meander Valley Council, TAS » Blackstone Heights, TAS 7250

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 Blackstone Heights, TAS 7250 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 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Yield 

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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 “Blackstone Heights, TAS 7250”

  1. The total adult population (15 years or older) of Blackstone Heights 7250 TAS is 1,017, with a median age of 43. Of those, 61.06% are married, 9.34% are divorced or separated, 27.34% are single and 2.65% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $10,324. The median monthly mortgage repayment for households in this suburb is $1,800 which is 17.44% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Tasmania, the charming suburb of Blackstone Heights (7250) houses a small community of approximately 519 households. The local property market in Q3 of 2023 showcases typical prices for houses standing at $816,450. A reasonable weekly rent at $558 translates into an indicative yield of 3.55%.

    Economically speaking, Blackstone Heights boasts an impressive IRSAD score of 1021 out of 1217, indicating a strong socio-economic status amongst its populace. It’s noteworthy to mention the relatively low renter to owner ratio of just 7%. This coupled with a low units to houses ratio of 5% gives this suburb an exclusive vibe, appealing to potential homeowners favouring long-term residency.

    When it comes to affordability, the index is calculated at 31 years. Although this slightly exceeds the standard 30-year mortgage assumption, it is still in a potentially manageable range for many property buyers.

    Delving into supply metrics, Blackstone Heights benefits from a low stock on market percentage at a mere 0.21%, suggesting a favourable low supply situation. This is further confirmed with an inventory level for houses standing at 0.67 months, a number indicative of swift property turnover and high market absorption rates. The building approvals ratio is fairly balanced at 1.23%.

    In terms of demand, it seems the property market here is thriving, with an average of 26 days on the market for houses. Despite a slightly increased combined vacancy rate for houses and units (5.26%), the demand metric, represented by the buy search index for houses, stands at 3, suggesting that homebuyer interest remains within a healthy range.

    Overall, Blackstone Heights presents a favourable property investment landscape with its unique blend of healthy socio-economic scores, low renter to owner and units to houses ratios, as well as a balanced supply-demand dynamics. However, continuous monitoring of market trends is recommended to leverage potential capital gains and positive cash flow.

    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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