Northern Midlands Council, TAS
The Northern Midlands Council TAS was established in 1989 and is located near Launceston. The council has been able to take advantage of the natural resources in the area which includes coal, timber and gold.
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The downside to living in the Northern Midlands Council region is that it seems to be a region that lacks a lot of industry, jobs and businesses. While there are some major employers with large, high-paying jobs available they tend to be the only options available for those looking for employment. In this region, most people have to work as tradesmen or in retail services.
The Northern Midlands Council TAS has many benefits for any prospective resident or property investor. From the cost of living to the rural lifestyle, this council has something for everyone.
Potential residents and investors will also enjoy a cheaper cost of living than in other council areas as well as a high quality of life in one of Tasmania’s most beautiful districts which is only a short drive from Launceston CBD.
Furthermore, Northern Midlands Council has plans to transform into one of Australia’s most sought after areas of housing. With high quality developments, high income earners would invest in this area of northern Tasmania.
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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.
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 metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.
Property Market in Northern Midlands Council, TAS
Northern Midlands Council is surrounded by 6 other council areas – Meander Valley, Glamorgan-Spring Bay, Southern Midlands, Break O’Day, Launceston City, Central Highlands.
There are approximately 13000 people living in the Northern Midlands in roughly 6000 dwellings with an average of 2.3 people per household.
The Northern Midlands Irrigation Scheme is being built to provide water for central Tasmania, specifically the Macquarie, Barton, Conara, Campbell Town, Ross & Lower Isis Valley areas. The proposed project can provide irrigation water that is underpinned by large Hydro Tasmania storages in the central highlands of Tasmania.
There are markets, such as Evandale Sunday Markets, Liffey Valley Markets, Campbell Town Markets. Also, you can visit Meadow Mews Plaza, Longford Village Plaza, Little learners Play Store.
More people in the Northern Midlands work in agriculture, forestry and fishing than any other industry.
Among approximately 13000 people living in Northern Midlands males and females make up to 50% each group. The median age of people in Northern Midlands is 46 years.
There are approximately 5,500 people working in Northern Midlands of which 58% work full-time & 40% par-time.
Suburbs/localities in this Local Government Area: Cleveland 7211, Conara 7211, Cressy 7302, Deddington 7212, Devon Hills 7300, Epping Forest 7211, Evandale 7212, Avoca 7213, Lake Leake 7210, Lemont 7120, Liffey 7301, Longford 7301, Ben Lomond 7212, Nile 7212, Bishopsbourne 7301, Perth 7300, Poatina 7302, Powranna 7300, Blackwood Creek 7301, Relbia 7258, Blessington 7212, Ross 7209, Rossarden 7213, Royal George 7213, Toiberry 7301, Tooms Lake 7209, Breadalbane 7258, Tunbridge 7120, Western Junction 7212, White Hills 7258, Campbell Town 7210