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    Real Estate Market: Is Nook TAS 7306 a Good Suburb to Buy Into?

    Housing Market in Nook
    Key Nook Metrics & Forecast to 2028
    Sample Graphic
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS West and North West Tas Trend
    Capital Growth Forecast: Houses
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    Capital Growth Forecast: Houses (2-Year Outlook)
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    Median yield for houses
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    Smart median rent: All houses
    		$494 Bottom 20% 208% to Mar 2025
    Smart median sale price: All houses
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    Housing Supply in Nook
    Nook 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
    Nook
    54.2%
    Nook
    54.2%
    West and North West Tas
    44.0%
    West and North West Tas
    44.0%
    Compare
    Suburbs
    Field Value VS West and North West Tas Trend
    Development applications
    		0 Bottom 38% Data for Jun 2025
    Developments
    		2.0 Bottom 45% Data for Jul 2023
    Housing Stock Quality Indicator
    Total new residential buildings value (SA2)
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    Days on market: houses
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    Days on market: units
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    Volume of houses sold in the last 30 days
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    Volume of units sold in the last 30 days
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    Stock on Market
    		0 Bottom 24% Data for Mar 2025
    Housing Stock Quality in Nook
    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
    		100.0% Top 31% Data for Jan 2021
    Average bedrooms - all homes
    		2.5 Top 48% 81% to Jan 2021
    NBN connection: fibreoptic cable to node
    		0.0% Bottom 37% Data for Jun 2023
    Development Restrictions in Nook
    Nook Zoning Map
    Sample Graphic
    The higher the score, the more easily density can be increased.
    Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
    Nook
    23.5%
    Nook
    23.5%
    West and North West Tas
    28.4%
    West and North West Tas
    28.4%
    Compare
    Suburbs
    Field Value VS West and North West Tas Trend
    Risk in Nook
    Nook 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
    Nook
    29.0
    Nook
    29.0
    West and North West Tas
    33.8
    West and North West Tas
    33.8
    Compare
    Suburbs
    Field Value VS West and North West Tas Trend
    % Owner Occupied
    		100.0% Top 11% Data for May 2023
    % Rentals
    		0.0% Bottom 11% Data for May 2023
    Housing Affordability Index
    		35 Top 42% Data for Jun 2023
    Median monthly mortgage
    		$1,340 Bottom 21% 3% to May 2023
    Rent Affordability Index (Houses)
    		77 Bottom 43% Data for Jun 2023
    Rent Affordability Index (Units)
    		71 Bottom 23% Data for Jun 2023
    Mortgage as a percent of income
    		20.4% Bottom 39% 29% to Jan 2021
    Mortgaged Dwellings
    		47.4% Top 27% 4% to May 2023
    Housing Demand in Nook
    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, 2006 - 2030
    Nook
    32.0%
    Nook
    32.0%
    West and North West Tas
    42.5%
    West and North West Tas
    42.5%
    Compare
    Suburbs
    Field Value VS West and North West Tas Trend
    Net internal migration (LGA)
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    Net overseas migration (LGA)
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    Historical Population (SA3)
    		50100 Bottom 35% 22% to Dec 2023
    Historical population growth
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    Population (LGA)
    		6370 Bottom 36% 14% to Dec 2030
    Population Projection (LGA)
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    Proportion of distressed listings
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    Unit Market in Nook
    Nook 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
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    Smart median rent: All units
    		$391 Bottom 18% 169% to Feb 2025
    Smart median sale price: All units
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    Unit to house ratio
    		82.4% Top 28% 33% to Mar 2025
    LGA Details (1)
    Percent of Renters by Street (10)
    Turnover Rate by Street (9)
    Recently Sold Houses (36)
    Businesses (1)
    Median House Sale Prices by Street (100)
    Recently Sold Units (100)
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    Profiles
    People & Lifestyle
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    Environment
    Nearby Suburbs
    Acacia Hills (Tas.)
    Barrington (Tas.)
    Railton
    Sheffield
    Lower Barrington
    Nowhere Else
    Latrobe
    Lower Wilmot
    Stoodley
    Melrose (Tas.)