Real Estate Hillcrest Tas 7320

Real Estate Market: Is Hillcrest (Tas.) TAS 7320 a Good Suburb to Buy Into?

Housing Market in Hillcrest (Tas.)

Key Hillcrest (Tas.) Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS West and North West Tas	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$435	Bottom 7%	227% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Hillcrest (Tas.)

Hillcrest (Tas.) Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023

Hillcrest (Tas.)

50.4%

West and North West Tas

44.0%

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Suburbs

Field	Value	VS West and North West Tas	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	2.0	Bottom 40%	Data for Jul 2023
Housing Stock Quality Indicator	10.1	Top 26%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	5	Top 24%	400% to Feb 2025

Housing Stock Quality in Hillcrest (Tas.)

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS West and North West Tas	Trend
Houses	87.6%	Bottom 18%	1% to Jan 2021
Average bedrooms - all homes	2.2	Bottom 26%	49% to Jan 2021
NBN connection: fibreoptic cable to node	100.0%	Top 1%	Data for Jun 2023

Development Restrictions in Hillcrest (Tas.)

Hillcrest (Tas.) Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Hillcrest (Tas.)

27.0%

West and North West Tas

28.4%

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Suburbs

	Field	Value	VS West and North West Tas	Trend
	Total area	0.7 sq km	Bottom 6%	Data for Jan 2021
	Residential density	508 sqm per resident	Bottom 29%	Data for Jan 2021

Risk in Hillcrest (Tas.)

Hillcrest (Tas.) Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Hillcrest (Tas.)

43.0

West and North West Tas

33.8

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Suburbs

Field	Value	VS West and North West Tas	Trend
% Owner Occupied	79.2%	Bottom 15%	1% to May 2023
% Rentals	20.8%	Top 15%	3% to May 2023
Housing Affordability Index	24	Bottom 19%	Data for Jun 2023
Median monthly mortgage	$1,330	Bottom 20%	37% to May 2023
Rent Affordability Index (Houses)	85	Top 13%	Data for Jun 2023
Rent Affordability Index (Units)	80	Top 24%	Data for Jun 2023
Mortgage as a percent of income	19.2%	Bottom 34%	21% to Jan 2021
Mortgaged Dwellings	38.1%	Bottom 48%	21% to May 2023

Housing Demand in Hillcrest (Tas.)

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Hillcrest (Tas.)

46.4%

West and North West Tas

42.5%

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Suburbs

Field	Value	VS West and North West Tas	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Historical Population (SA3)	51400	Bottom 36%	7% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	19300	Top 43%	1% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Hillcrest (Tas.)

Hillcrest (Tas.) Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS West and North West Tas	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$316	Bottom 3%	120% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	82.5%	Top 29%	23% to Mar 2025

Median House Rental Prices by Street (7)

Level_0	Street	Date	Median rent (per week)
150413	Hayes St	13 Mar 2025	$370
150428	Lane St	13 Mar 2025	$385
150512	Stirling St	13 Mar 2025	$417
150534	Woodward Ave	13 Mar 2025	$392
150523	Verelle St	13 Mar 2025	$410

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
06 Oct 2023	$229,000	Hayes St
06 Oct 2023	$298,600	Stirling St
06 Oct 2023	$173,000	Atkinson St
06 Oct 2023	$229,000	Payne St
06 Oct 2023	$229,400	Sutton St

Turnover Rate by Street (18)

Turnover rate	Street	Turnover Label	Turnover Years	Year
93.8%	Ogden St	high turnover	Every 10.7 years (high turnover)	2025
114.8%	Woodward Ave	very high turnover	Every 8.7 years (very high turnover)	2025
100.0%	Mount St	high turnover	Every 10.0 years (high turnover)	2025
37.5%	Lyons St	very tightly held	Every 26.7 years (very tightly held)	2025
137.9%	Mark St	very high turnover	Every 7.2 years (very high turnover)	2025

Percent of Renters by Street (18)

Percent of Renters	Street
58.7%	Cherry St
23.9%	Belton St
8.3%	Bird St
63.9%	Aileen Cr
59.7%	Atkinson St

LGA Details (1)

Headline	Place	Datetime
Local government area	Burnie

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
22 Payne St	Price Withheld	3.0	1.0	3.0	06 Mar 2025	On Market
35 Cherry St	$445,000	3.0	1.0	1.0	04 Mar 2025	On Market
17 Sampson St	$249,000	2.0	1.0	0.0	06 Feb 2025	On Market
35 Cherry St	$445,000	3.0	1.0	1.0	03 Feb 2025	On Market
5 Hayes St	Price Withheld	3.0	1.0	1.0	06 Dec 2024	On Market

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Stirling St	10 May 2024	$320,000
Sutton St	10 May 2024	$382,000
Mark St	10 May 2024	$375,000
Hayes St	10 May 2024	$355,000
Belton St	10 May 2024	$505,000

Businesses (1)

Name	Address
Mr Builders	114, Bird St

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
46 Stirling St	$460	3	2	1	04 Mar 2025
46 Stirling St	$460	3	2	1	04 Mar 2025
56 Payne St	$340	3	1	1	03 Mar 2025
Unit 4, 3 Hayes St	$280	2	1	1	21 Feb 2025
Unit 4, 3 Hayes St	$280	2	1	1	21 Feb 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Date
Unit 4, 43 Stirling St	$210	1.0	1.0	06 Nov 2024
Unit 4, 43 Stirling St	$210	1.0	1.0	06 Nov 2024
Unit 4, 43 Stirling St	$210	1.0	1.0	06 Nov 2024
Unit 4, 43 Stirling St	$210	1.0	1.0	06 Nov 2024
Unit 4, 43 Stirling St	$210	1.0	1.0	06 Nov 2024

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 4, 3 Hayes St	$250,000	2.0	1.0	1.0	20 Dec 2024	On Market
Unit 4, 3 Hayes St	$250,000	2.0	1.0	1.0	20 Dec 2024	On Market
Unit 4, 3 Hayes St	$250,000	2.0	1.0	1.0	20 Dec 2024	On Market
Unit 4, 3 Hayes St	$250,000	2.0	1.0	1.0	20 Dec 2024	On Market
10 Cherry Street North	Price Withheld	0.0	0.0	0.0	16 Nov 2024	On Market