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Ambleside, TAS 7310

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 Ambleside, TAS 7310 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 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

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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No Rent Data
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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 “Ambleside, TAS 7310”

  1. The total adult population (15 years or older) of Ambleside 7310 TAS is 597, with a median age of 48. Of those, 52.26% are married, 13.40% are divorced or separated, 29.82% are single and 5.19% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,704. The median monthly mortgage repayment for households in this suburb is $1,300 which is 19.39% of their earnings.

    Source: ABS Census Data (2021)

  2. The cosy suburb of Ambleside, postcode 7310, is located in Tasmania and is composed of an estimated 347 households. As of Q3 2023, house prices typically sit around $625,610, offering an attractive indicative yield of approximately 3.77%, revealing a potential for a decent return on investment for astute property investors.

    Based on the IRSAD Score of 953 out of 1217, the socioeconomic status of Ambleside is relatively sound, suggestive of good economic resources with slightly above average income levels. Furthermore, with only 15% of households renting, this suburb distinguishes itself by having a significantly lower renter to owner ratio than many other areas, making it a market with less competition among landlords.

    Moreover, the units to houses ratio is impressively low at just 3%, demonstrating a clear predominance of houses over units. This ensures less contention among landlords for tenants and fundamentally increases rental yields.

    However, on the affordability index, Ambleside measures at 37 years, indicating owning a property here requires a period that exceeds the standard 30-year mortgage, hence, lower affordability. The stock on market percentage for houses is 0.58%, falling into the neutral category. Consequently, while the supply is not overly high, it is not dangerously low either. The inventory level stands at 1.85 months indicating a swift absorption rate and hinting at a favourable low supply market.

    Interestingly, the building approvals ratio for houses is 0%, suggesting no new influx of houses on the market and supporting a steady property landscape. However, with an average of 47 days on the market, it signifies a neutral level demand.

    Vacancy rates, which combine both houses and units, are relatively high at about 7.69%, indicating the presence of a larger than usual number of empty properties. Despite this, the buy search index for houses is 3, signalling a consistent demand within the neutral category.

    Remember, while it is okay to have some metrics in unfavourable ranges, the majority of other factors in Ambleside such as low renter to owner ratio and low units to houses ratio make it a strong consideration for prospective property investors. Ambleside’s unique property market needs a thorough understanding for robust investment decisions, a task made simpler by HtAG Analytics through their Relative Composite Score metric. This innovative tool encapsulates over 80 metrics giving an uncomplicated and accurate snapshot of the bustling Australian property market.

    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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