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Acacia Hills suburb profile

Acacia Hills is a serene rural locality in Tasmania, situated approximately 20km south of Devonport. Known for its picturesque landscapes and tranquil environment, it offers a peaceful retreat from urban life. The area is characterized by rolling hills, lush greenery, and a strong sense of community, making it ideal for those seeking a rural lifestyle. Acacia Hills is primarily residential, with a mix of hobby farms and larger agricultural properties. Its proximity to Devonport provides residents with access to essential amenities while allowing them to enjoy the natural beauty and quietude of the Tasmanian countryside.

Acacia Hills property market performance

The property market in Acacia Hills has shown no significant movement over the past 12 months. Both house and unit values have remained stable, with no change in median prices. The suburb has seen limited sales activity, with only 4 houses sold and no units transacted in the past year. Additionally, there is no available data on the median days on market for either property type, indicating a lack of recent transactions.

The rental market in Acacia Hills has also remained unchanged, with no recorded average rent or changes in rental prices for both houses and units over the last 12 months. This suggests a stagnant market with minimal demand or supply shifts in the area.

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Acacia Hills demographics

Acacia Hills, nestled in Tasmania, is a serene suburb that offers a tranquil lifestyle away from the hustle and bustle of city life. With a modest population of 729, it is a close-knit community where residents enjoy the peace and quiet of rural living. The median age of 41 suggests a mature population, with many families and long-term residents who appreciate the area's natural beauty and slower pace.

The suburb is predominantly composed of family households, with nearly half of the families being couples with children, and a significant portion being couples without children. This indicates a strong family-oriented community, where children can grow up in a safe and nurturing environment. The presence of only a small percentage of one-parent families and no other family types further underscores the traditional family structure prevalent in Acacia Hills.

Property ownership in Acacia Hills is notably high, with a substantial 62.5% of homes owned with a mortgage and 35.5% owned outright. This reflects a stable and committed community, with very few rental properties available, highlighting the suburb's appeal to those looking for long-term residence. The low rental rate of just 2% suggests that Acacia Hills is not a transient community, but rather a place where people settle down and invest in their homes and surroundings.

Acacia Hills infrastructure, key developments and investment opportunities

Acacia Hills does not currently show any major suburb-level redevelopment, transport, or public infrastructure projects likely to materially shift the property market. The area remains a small rural locality with larger lifestyle blocks and school bus access to nearby centres, which continues to support its appeal for buyers seeking space and a semi-rural setting.

With no significant new schools, transport upgrades, or council-led precinct changes identified in the available information, local demand is more likely to be driven by lifestyle preferences and proximity to Devonport rather than fresh infrastructure catalysts. That generally points to a steady market profile, with existing amenity and rural character remaining the main value drivers.

Acacia Hills rental market trends

The rental market in Acacia Hills has remained stable over the past year, with no change in median house or unit rents, both recorded at $0 per week. This indicates a lack of rental activity or available data in the area, suggesting a potential opportunity for future development or investment to meet any emerging demand.

Suburbs near Acacia Hills

Some popular suburbs near Acacia Hills include:

Common questions about Acacia Hills

  • Is Acacia Hills a nice place to live?

    Acacia Hills is a delightful place to live, offering a peaceful and charming rural lifestyle that is perfect for families and those seeking a serene environment. The suburb is known for its picturesque landscapes, with rolling hills and lush greenery that provide a stunning backdrop to daily life. The community here is tight-knit and welcoming, making it an ideal place for families to settle down and enjoy a slower pace of life. The strong sense of community is evident in the way residents come together, creating a supportive and nurturing environment for children to grow up in.

    While Acacia Hills offers a tranquil retreat, it is not far from essential amenities, thanks to its proximity to Devonport. This allows residents to enjoy the best of both worlds: the quietude of rural living with the convenience of nearby urban facilities. The suburb is primarily residential, with a mix of hobby farms and larger agricultural properties, which adds to its rural charm. Safety is generally not a concern here, making it a secure place for families to thrive.

    However, living in Acacia Hills does come with some trade-offs. The area lacks the hustle and bustle of city life, which means fewer entertainment options and dining experiences compared to more urbanized areas. Additionally, public transport options are limited, so having a car is essential for commuting and accessing services in Devonport. Despite these trade-offs, the suburb's appeal lies in its natural beauty, community spirit, and the opportunity to live a peaceful, rural lifestyle. For those who value these qualities, Acacia Hills is a wonderful place to call home.

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  • Is it expensive to live in Acacia Hills?

    Living in Acacia Hills doesn't come with the hefty price tag that you might find in other parts of Tasmania, especially in terms of property costs. With the median house and unit prices currently at zero, it suggests that data on property transactions might be limited, or the area might have unique property arrangements. This could mean that purchasing a home here is either not typical or involves different kinds of property deals compared to more urbanized areas.

    The average household income in Acacia Hills is about $1,800 per week, which is approximately $95,000 annually. This is relatively healthy when compared to the average income across Tasmania. Given that property prices and rental costs are not currently available, it's challenging to directly compare housing affordability. However, if you are considering living in Acacia Hills, the cost of living might be more influenced by other expenses such as transportation and groceries, rather than housing.

    Overall, Acacia Hills might offer a more affordable lifestyle, especially if housing costs are minimal or non-traditional. It's a good idea to look into other living expenses and lifestyle factors that might impact your budget, but in terms of property, it seems less financially demanding than other regions.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Acacia Hills a good place to invest?

    Acacia Hills presents a unique opportunity for investors seeking stability in the real estate market. Over the past year, the suburb has experienced no change in median house and unit values, as well as rental prices. This stability can be appealing for those looking to invest in a market that isn't subject to the volatility seen in other areas. The lack of fluctuation suggests a steady demand and supply balance, which can provide peace of mind for investors prioritizing consistency over rapid growth.

    While Acacia Hills may not be the hotspot for immediate capital gains, its steady market conditions make it an attractive option for those interested in long-term investment. The suburb's appeal lies in its potential for gradual appreciation and reliable rental income, offering a low-risk environment for investors. For those who value a stable investment with the potential for future growth as the area develops, Acacia Hills could be a worthwhile consideration.

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