Real Estate Snug Tas 7054

Real Estate Market: Is Snug TAS 7054 a Good Suburb to Buy Into?

Housing Market in Snug

Key Snug Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Hobart	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	$590	Top 48%	210% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Snug

Snug 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, PLANNING ALERTS and Microburbs, 2002 - 2023

Snug

30.5%

Hobart

34.1%

Compare
Suburbs

Field	Value	VS Hobart	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	2.0	Bottom 40%	Data for Jul 2023
Housing Stock Quality Indicator	52.7	Top 13%	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
Number of Subdivisions	2 lots	Bottom 22%	Data for Mar 2021
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 23%	to Mar 2025

Housing Stock Quality in Snug

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

Field	Value	VS Hobart	Trend
Houses	96.6%	Bottom 30%	0% to Jan 2021
Average bedrooms - all homes	2.7	Top 30%	34% to Jan 2021
NBN connection: fibreoptic cable to node	3.9%	Top 18%	Data for Jun 2023

Development Restrictions in Snug

Snug Zoning Map

Sample Graphic

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

Snug

23.3%

Hobart

29.9%

Compare
Suburbs

	Field	Value	VS Hobart	Trend
	Total area	4.7 sq km	Bottom 40%	Data for Jan 2021
	Residential density	1700 sqm per resident	Top 44%	Data for Jan 2021

Risk in Snug

Snug 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

Snug

40.7%

Hobart

50.0%

Compare
Suburbs

Field	Value	VS Hobart	Trend
% Owner Occupied	88.9%	Bottom 38%	1% to May 2023
% Rentals	11.1%	Top 38%	14% to May 2023
Housing Affordability Index	40	Top 29%	Data for Jun 2023
Median monthly mortgage	$1,620	Bottom 33%	18% to May 2023
Rent Affordability Index (Houses)	75	Bottom 32%	Data for Jun 2023
Rent Affordability Index (Units)	69	Bottom 17%	Data for Jun 2023
Mortgage as a percent of income	24.8%	Top 35%	4% to Jan 2021
Mortgaged Dwellings	46.9%	Top 28%	13% to May 2023

Unit Market in Snug

Snug Unit Investor Report

Sample Graphic

Field	Value	VS Hobart	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$493	Top 48%	129% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	81.9%	Top 25%	15% to Mar 2025

Housing Demand in Snug

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

Snug

59.4%

Hobart

61.6%

Compare
Suburbs

Field	Value	VS Hobart	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Historical Population (SA3)	37600	Bottom 20%	40% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	42500	Top 29%	45% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

LGA Details (1)

Headline	Place	Datetime
Local government area	Kingborough

Median House Rental Prices by Street (2)

Street	Date	Median rent (per week)
Snug Tiers Rd	22 Mar 2025	$747
Torpy Ave	22 Mar 2025	$500

Percent of Renters by Street (26)

Percent of Renters	Street
0.0%	Cawthorn Ln
57.3%	Beach Rd
17.8%	Channel Hwy
27.3%	Cutana Pde
16.7%	Charlton St

Businesses (7)

Name	Address
Trendall Builders	PO Box 29
Hobart Concrete & Terrazzo Works
Hobart Concrete & Terrazzo Works
Double J Electrical Pty Ltd	PO Box 131
Home Right Electrical

Accommodation Options (1)

Name	Address
Snug Village Aged Care Home	10A Torpy Ave

Turnover Rate by Street (25)

Turnover rate	Street	Turnover Label	Turnover Years	Year
60.0%	Frost St	quite tightly held	Every 16.7 years (quite tightly held)	2025
50.0%	Snug Falls Rd	very tightly held	Every 20.0 years (very tightly held)	2025
75.0%	Gillies St	average turnover	Every 13.3 years (average turnover)	2025
78.6%	Cutana Pde	average turnover	Every 12.7 years (average turnover)	2025
55.6%	Riverstone Cl	quite tightly held	Every 18.0 years (quite tightly held)	2025

Median Unit Sale Prices by Street (36)

Date	Median sale value	Street
10 May 2024	$485,000	Sunsail St
31 May 2024	599500.0	Space Ct
31 Aug 2024	603300.0	Space Ct
30 Jun 2024	600200.0	Space Ct
31 Jul 2024	601800.0	Space Ct

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 1, 2254 Channel Hwy	Price Withheld	2.0	1.0	3.0	03 Mar 2025	On Market
2203 Channel Hwy	Price Withheld	2.0	2.0	0.0	13 Dec 2024	On Market
5 Beach Rd	$750,000	3.0	1.0	3.0	06 Dec 2024	On Market
5 Beach Rd	$750,000	3.0	1.0		06 Dec 2024	On Market
20 Sunsail St	$720,000	3.0	2.0	3.0	03 Dec 2024	On Market

Planning Applications: Dwellings (3)

Headline	Place	Date
Demolish existing outbuilding (shed) and construct a new outbuilding - Kingborough Council DA-2021-81	Snug Primary School, 2208 Channel Highway, Snug, Tasmania	30 Apr 2021
Alterations to dwelling and new ancillary dwelling/workshop - Kingborough Council DA-2021-89	3 Pearsall Street, Snug, Tasmania	22 Apr 2021
Demolition of existing buildings, new dwelling and outbuilding - Kingborough Council DA-2020-740	19 Snug Tiers Road, Snug, Tasmania	28 Jan 2021

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Sunsail St	10 May 2024	$695,000
Channel Hwy	10 May 2024	$585,000
Open Dr	10 May 2024	$690,000
Pearsall St	31 Jul 2024	803100.0
Channel Hwy	31 May 2024	1003000.0

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Date
Unit 5, 2 Beach Rd	$450	3.0	1.0	07 Jan 2025
Unit 5, 2 Beach Rd	$450	3.0	1.0	07 Jan 2025
Unit 5, 2 Beach Rd	$450	3.0	1.0	07 Jan 2025
Unit 5, 2 Beach Rd	$450	3.0	1.0	07 Jan 2025
Unit 5, 2 Beach Rd	$450	3.0	1.0	07 Jan 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
2217 Channel Hwy	$410	3	1	3	20 Jan 2025
2217 Channel Hwy	$410	3	1	3	20 Jan 2025
2217 Channel Hwy	$410	3	1	3	20 Jan 2025
2217 Channel Hwy	$410	3	1	3	20 Jan 2025
2217 Channel Hwy	$410	3	1	3	20 Jan 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 2, 8 Taranaki Pl	$586,000	2.0	1.0	3.0	13 Dec 2024	On Market
Unit 2, 8 Taranaki Pl	$586,000	2.0	1.0	3.0	13 Dec 2024	On Market
Unit 2, 8 Taranaki Pl	$586,000	2.0	1.0	3.0	13 Dec 2024	On Market
Unit 2, 8 Taranaki Pl	$586,000	2.0	1.0	3.0	13 Dec 2024	On Market
Unit 2, 8 Taranaki Pl	$586,000	2.0	1.0	3.0	13 Dec 2024	On Market