Opossum Bay TAS 7023

Here you can find what you need to know about Opossum Bay, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$600k Median Sale Price (National Average $485k) 24th In TAS
22.57% Median Price Change (1 yr) (National Average 4.30%) 20th In TAS
$550pw Median Rent (National Average $395) 10th In TAS
4.8% Median Gross Yield (National Average 4.24%) 72nd In TAS
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Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Opossum Bay, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Opossum Bay, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Opossum Bay, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Opossum Bay


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State Auction Clearance Rates - August 2020

Auctions Clearance rate
TAS 1 100%
ACT 25 80%
NSW 581 68%
NT 4 100%
QLD 75 40%
SA 26 62%
VIC 151 63%
WA 10 30%

Local Schools


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Suburb Information

Opossum Bay, TAS 7023

Part of: Clarence Council No data available

The size of Opossum Bay is approximately 4.7 square kilometres. It has 6 parks covering nearly 27.6% of total area. The population of Opossum Bay in 2011 was 327 people. By 2016 the population was 306 showing a population decline of 6.4% in the area during that time. The predominant age group in Opossum Bay is 50-59 years. Households in Opossum Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Opossum Bay work in a professional occupation. In 2011, 80.4% of the homes in Opossum Bay were owner-occupied compared with 81.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Opossum Bay

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Opossum Bay   for Houses in last 12 months


There have been 13 Houses sold in Opossum Bay in the past 12 months with a median sale price of $579K, up 15.6% annually. It takes on average 31 days to sell with vendor discounting of -0.06%.

Streets in Opossum Bay


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