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Southern Midlands Council, TAS

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The Southern Midlands is a council area located in the southern and central parts of Tasmania. This LGA, characterized by hills and plains, is home to many of Tasmania’s most iconic natural attractions.

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The Southern Midlands Council Tasmania Real Estate Market has been growing steadily for quite some time now. This is largely due to the fact that it is a big city near Hobart which is the capital of Australia.

The market is expected to continue growing into the future as Southern Midlands Council Tasmania real estate development is on the rise. With this in mind, it is important to understand the factors that affect the market and how this affects your buying and selling decisions.

Find out more by inspecting the data below

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Suburb Heatmap Analysis

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.

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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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Property Market in Southern Midlands Council, TAS

What LGAs neighbour Southern Midlands Council, TAS?

Southern Midlands Council is surrounded by 4 other council are – Tasman, Glamorgan-Spring Bay, Southern Midlands, Clarence City.

How many people live in Midlands Council, TAS?

There are approximately 6000 people living in Southern Midlands in roughly 3000 dwellings with an average 2.5 people per household.

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

The Southern Midlands Irrigation Scheme will be located across the Central Highlands and Southern Midlands Council regions, with the potential to support irrigation activities in the Brighton Council region.

What major retailers are there in Midlands Council, TAS?

There are such retailers as Southern Midlands, Mancey’s, Oatlands Antiques, Old Kempton Distillery.

What is the main industry in Midlands Council, TAS?

Out of all the employees in Greater Hobart’s Water, Sewerage and Drainage Services, 1.1% are located in Southern Midlands Council area. This area also accounts for 1.0% of the added value of this industry.

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

Among approximately 6000 people in Southern Midlands (M) males and females make up to roughly 52% and 48% respectively. The median age of people in Southern Midlands (M) (Local Government Areas) is 44 years.

How is unemployment rate trending in Midlands Council, TAS?

Around 2,600 people in the Southern Midlands Council area are employed. 59% of them work full-time and 38% part-time.

Suburbs/localities in this Local Government Area: Colebrook 7027, Andover 7120, Antill Ponds 7120, Dromedary 7030, Dysart 7030, Elderslie 7030, Baden 7120, Bagdad 7030, Jericho 7030, Kempton 7030, Mangalore 7030, Mount Seymour 7120, Oatlands 7120, Parattah 7120, Pawtella 7120, Pontville 7030, Rhyndaston 7120, Stonehenge 7120, Stonor 7119, Swanston 7120, Tea Tree 7017, Tiberias 7120, Tunnack 7120, Whitefoord 7120, Brighton 7030, Woodbury 7120, York Plains 7120, Broadmarsh 7030

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