West Coast Council, TAS

The West Coast LGA is an up-and-coming hotspot for property buyers. It boasts beautiful beaches, beautiful views, and a lower cost of living. With high demand for housing properties in the area, there are many opportunities to invest in this market segment.

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The West Coast has always been attractive for its natural beauty, but the economy has also seen growth in recent years due to effective planning and development strategies, resulting in a thriving market with plenty of opportunities at both ends of the spectrum: from high density residential living through to luxurious holiday homes.

West Coast Tasmania is also an ideal place for eco-lifestyle enthusiasts and travelers due to low environmental impact and high level of conservation. The proximity to Hobart gives residents access to a range of work opportunities and the outdoors provides beautiful views that add value to any property.

The West Coast Tasmanian real estate market has been experiencing a boom as the property prices have been increasing steadily due to a significant increase in demand. Investors see this potential and purchase property before it becomes too expensive.

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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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Yield chart
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Demand chart
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unit to houses pie charts
Renters to owners pie chart
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IRSAD chart
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Index chart
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

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SOM chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

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DOM chart
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Inventory chart
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Auction chart

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Property Market in West Coast Council, TAS

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

West Coast Council is surrounded by 7 other council areas – Circular Head, Derwent Valley, Huon Valley, Central Highlands, Kentish, Waratah-Wynyard, Meander Valley.

How many people live in West Coast Council, TAS?

Approximately 4000 people live in West Coast (M) area in roughly 3000 dwellings, with the average household size of around 2.1 people.

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

The West Coast Council area is mainly rural, with some urban areas in the small townships of Queenstown, Rosebery, Strahan, Tullah and Zeehan. Forestry, fishing, mining and tourism are important industries over here.

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

The main retailers are Evans & Sons – Queenstown Marketplace, Riteway Supermarkets, IGA Supermarkets, Coles, Woolworths, Alps & Amici.

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

The West Coast Council area is mostly rural but does have some of the most beautiful towns on the coast of Tasmania. Forestry, fishing, mining and tourism all contribute to this region maintaining a healthy economy.

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

Among approximately 4,000 people in West Coast (M) males and females make up to roughly 52% and 48% respectively. The median age is 44 years. The population is ageing faster than the birth rate. The number of children under the age of 15 is 17.1% of the population while people over 65 are 18.5% of the population.

How is unemployment rate trending in West Coast Council, TAS?

Among approximately1,500 people employed, 59% work full-time and 39% part-time.

Suburbs/localities in this Local Government Area: Gormanston 7466, Granville Harbour 7469, Lake Margaret 7467, Macquarie Heads 7468, Queenstown 7467, Renison Bell 7469, Rosebery 7470, Strahan 7468, Trial Harbour 7469, Tullah 7321, Zeehan 7469

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