West Tamar Council, TAS

The West Tamar Council is a regional council in Tasmania, Australia, based in Launceston. The Council was formed on 1 January 1989 following the enactment of the Local Government Act 1989, which amalgamated the former councils of Devonport City Council, Launceston City Council and West Tamar Shire Council.

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West Tamar Council is a busy place as many festivals take place in the area. The council is hosting the annual West Tamar Big Weekend and there are also concerts by popular musicians that are taking place at various venues in the next few weeks.

There are several things that potential investors should consider when buying or selling property in West Tamar. The first step would be to check out the market trends and history before investing in a property there.

There are a lot of rules that you have to follow to make sure that you understand the market before you invest. This page helps investors understand the market through key property market metrics.

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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 West Tamar Council, TAS

What other property markets are there near West Tamar Council, TAS?

West Tamar Council is surrounded by 3 other council areas – Latrobe, Meander Valley, Launceston City.

How many people live in West Tamar Council, TAS?

Approximately 23000 people live in West Tamar (M) area in roughly 10500 dwellings, with the average household size of around 2.4 people.

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

West Tamar Highway Priority Projects One – Four will outline a six-point plan to address the West Tamar Highway. There are four of these projects. One of them includes an upgrade from Rosevears Drive to Gravelly Beach Road and the Mcewans Road intersection with Waldhorn Drive. The Exeter intersection with Batman Highway and the Motor Road intersection with Trenerry Crescent will also get upgrades.

What major retailers are there in West Tamar Council, TAS?

Among the main retailers there are Riverside Plaza, Grindelwald Shopping Village, Tas Imports

What is the main industry in West Tamar Council, TAS?

The main industries in this city are tourism, retailing, agriculture, fishing, world-class vineyards and first-class maritime education facilities.

What are the dominant demographic groups in West Tamar Council, TAS?

Among approximately 23000 people in West Tamar (M) (Local Government Areas). males and females make up to 49% and 50% respectively. The median age of people is 45 years. Children aged 0 – 14 years occupy roughly 18% of the population share. People aged 65 or more have nearly 21%.

How is unemployment rate trading in West Tamar Council, TAS?

Among approximately 10000 people employed, 55% work full-time and 43% part-time.

Suburbs/localities in this Local Government Area: Clarence Point 7270, Deviot 7275, Exeter 7275, Flowery Gully 7270, Glengarry 7275, Gravelly Beach 7276, Badger Head 7270, Greens Beach 7270, Grindelwald 7277, Kayena 7270, Kelso 7270, Lanena 7275, Legana 7277, Loira 7275, Beauty Point 7270, Notley Hills 7275, Blackwall 7275, Robigana 7275, Rosevears 7277, Rowella 7270, Sidmouth 7270, Swan Point 7275, Bridgenorth 7277, Winkleigh 7275

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