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Profiles
Nearby Suburbs
Real Estate Market: Is Reedy Marsh TAS 7304 a Good Suburb to Buy Into?
Housing Market in Reedy Marsh
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| $494 | Bottom 21% |
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| Premium | Premium | Premium |
Housing Supply in Reedy Marsh
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
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
Reedy Marsh
49.0%
Reedy Marsh
49.0%
Launceston and North East Tas
37.5%
Launceston and North East Tas
37.5%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 2.1 | Bottom 47% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
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| Premium | Premium | Premium | ||
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| 2 | Top 31% |
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Housing Stock Quality in Reedy Marsh
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.5 | Top 48% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Reedy Marsh
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Reedy Marsh
21.4%
Reedy Marsh
21.4%
Launceston and North East Tas
28.0%
Launceston and North East Tas
28.0%
| Field | Value | VS Launceston and North East Tas | Trend |
|---|
Risk in Reedy Marsh
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Reedy Marsh
46.9%
Reedy Marsh
46.9%
Launceston and North East Tas
52.3%
Launceston and North East Tas
52.3%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 92.0% | Bottom 49% |
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| 8.0% | Top 49% |
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| 35 | Top 41% | Data for Jun 2023 | ||
| $1,030 | Bottom 10% | Data for May 2023 | ||
| 75 | Bottom 29% | Data for Jun 2023 | ||
| 71 | Bottom 25% | Data for Jun 2023 | ||
| 25.8% | Top 31% |
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| 41.7% | Top 41% |
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Housing Demand in Reedy Marsh
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
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Reedy Marsh
34.8%
Reedy Marsh
34.8%
Launceston and North East Tas
54.8%
Launceston and North East Tas
54.8%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 25200 | Bottom 12% |
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| 19900 | Top 42% |
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| Premium | Premium | Premium | ||
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Unit Market in Reedy Marsh
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $432 | Bottom 31% |
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| Premium | Premium | Premium | ||
| 83.8% | Top 27% |
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LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Meander Valley |
Turnover Rate by Street (9)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 150.0% | Silver Wattle Dr | very high turnover | Every 6.7 years (very high turnover) | 2025 |
| 100.0% | Porters Bridge Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 100.0% | River Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 87.5% | Farrells Rd | high turnover | Every 11.4 years (high turnover) | 2025 |
| 100.0% | Saddlers Run Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
Percent of Renters by Street (9)
| Percent of Renters | Street |
|---|---|
| 0.0% | Farrells Rd |
| 0.0% | Porters Bridge Rd |
| 6.8% | Johns Rd |
| 0.0% | Kellys Rd |
| 85.2% | Larcombes Rd |
Recently Sold Houses (30)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 290 Wadleys Rd | $755,000 | 3.0 | 1.0 | 19 Mar 2025 | 0 | On Market | |
| 290 Wadleys Rd | $755,000 | 3.0 | 1.0 | 7.0 | 19 Mar 2025 | 0 | On Market |
| 184 Farrells Rd | $340,000 | 2.0 | 1.0 | 0.0 | 17 Jun 2024 | 0 | On Market |
| 125 Wadleys Rd | $675,000 | 3.0 | 1.0 | 13.0 | 14 Jun 2024 | 0 | On Market |
| 94 Johns Rd | $750,000 | 3.0 | 2.0 | 5.0 | 14 Jun 2024 | 0 | On Market |
Businesses (1)
| Name | Address |
|---|---|
| Tasmanian Line Boring Services | 620, Porters Bridge Rd |
Median House Sale Prices by Street (81)
| Street | Date | Median sale value |
|---|---|---|
| Silver Wattle Dr | 10 May 2024 | $499,000 |
| Farrells Rd | 10 May 2024 | $712,500 |
| Johns Rd | 06 Oct 2023 | $442,800 |
| Larcombes Rd | 06 Oct 2023 | $748,200 |
| Wadleys Rd | 06 Oct 2023 | $727,500 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 1 Johns Rd | Price Withheld | 5 | 2 | 4 | 10 Apr 2023 | 0 |
| 1 Johns Rd | Price Withheld | 5 | 2 | 4 | 10 Apr 2023 | 0 |
| 1 Johns Rd | Price Withheld | 5 | 2 | 4 | 10 Apr 2023 | 0 |
| 1 Johns Rd | Price Withheld | 5 | 2 | 4 | 10 Apr 2023 | 0 |
| 1 Johns Rd | Price Withheld | 5 | 2 | 4 | 10 Apr 2023 | 0 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 531 Larcombes Rd | $190 | 05 Oct 2015 | |||
| 531 Larcombes Rd | $190 | 05 Oct 2015 | |||
| 531 Larcombes Rd | $190 | 05 Oct 2015 | |||
| 531 Larcombes Rd | $190 | 05 Oct 2015 | |||
| 531 Larcombes Rd | $190 | 05 Oct 2015 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 212 Farrells Rd | Price Withheld | 5.0 | 2.0 | 4.0 | 23 May 2024 | On Market |
| 212 Farrells Rd | Price Withheld | 5.0 | 2.0 | 4.0 | 23 May 2024 | On Market |
| 212 Farrells Rd | Price Withheld | 5.0 | 2.0 | 4.0 | 23 May 2024 | On Market |
| 212 Farrells Rd | Price Withheld | 3.0 | 1.0 | 2.0 | 23 May 2024 | On Market |
| 212 Farrells Rd | Price Withheld | 5.0 | 2.0 | 4.0 | 23 May 2024 | On Market |
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