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Acton Park suburb profile

Acton Park is a serene suburb located in the southeastern part of Tasmania, just a short drive from Hobart's city centre. Known for its spacious properties and rural charm, Acton Park offers residents a peaceful lifestyle amidst natural beauty. The suburb is surrounded by picturesque landscapes, including beaches and bushland, making it ideal for outdoor enthusiasts. With a strong sense of community and proximity to essential amenities, Acton Park is popular among families and retirees seeking a tranquil yet convenient living environment. Its blend of rural allure and accessibility continues to attract those looking for a balanced lifestyle.

Acton Park property market performance

Acton Park's property market has shown a notable increase in house values over the past 12 months, with a rise of 9.8%. However, the median house price remains at $0, indicating a lack of available data or transactions. The unit market has seen no change in value, with no units sold in the past year.

Sales activity has been minimal, with only 4 houses sold over the last 12 months and no units. Houses are taking longer to sell, with a median of 70 days on the market, reflecting a slower pace in the housing sector.

The rental market in Acton Park has remained stagnant, with no recorded changes in average rent for both houses and units over the past year, suggesting limited rental activity or data availability.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
9.8%N/A
Sold
Past 3 months
4N/A
Median days on market
Past 12 months
70N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

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Acton Park demographics

Acton Park, located in Tasmania, is a serene suburb known for its spacious properties and family-friendly environment. With a population of 2,293, it offers a peaceful lifestyle away from the hustle and bustle of city life. The median age of 43 suggests a mature community, with many residents likely enjoying the tranquility and natural beauty of the area. The suburb's proximity to Hobart provides residents with easy access to urban amenities while maintaining a rural charm.

The housing landscape in Acton Park is predominantly owner-occupied, with a significant 45.7% of properties owned outright and 52.1% owned with a mortgage. This high rate of homeownership reflects the suburb's appeal to families and long-term residents seeking stability and a sense of community. Rental properties are scarce, with only 2.2% of homes being rented, indicating a strong preference for homeownership among the residents.

Family life is a cornerstone of Acton Park, with 57.3% of households being couple families with children and 36.6% being couple families without children. The presence of only 6.1% one-parent families highlights the suburb's focus on traditional family structures. The absence of other family types further underscores the community's cohesive and family-oriented nature. With its blend of natural beauty, spacious living, and strong community ties, Acton Park is an ideal location for families seeking a peaceful and fulfilling lifestyle.

Acton Park infrastructure, key developments and investment opportunities

Acton Park remains a tightly held semi-rural suburb, with its large-lot housing, proximity to Hobart Airport and access to the Eastern Shore continuing to support buyer demand. The area’s appeal is strengthened by established transport links and its family-friendly setting, which helps sustain interest from owner-occupiers seeking space and convenience.

No major new infrastructure, school, or redevelopment projects are evident in the current local updates that would materially change the property outlook at this time. However, the suburb’s low-density character and limited housing supply are likely to keep supporting values, particularly for larger properties and acreage homes.

Acton Park rental market trends

The rental market in Acton Park has remained stable over the past year, with no change in house or unit rents, both maintaining a median rent of $0 per week. This indicates a period of stagnation in rental demand or supply, making it a unique case in the broader Tasmanian rental landscape.

Suburbs near Acton Park

Some popular suburbs near Acton Park include:

Common questions about Acton Park

  • Is Acton Park a nice place to live?

    Acton Park is a delightful suburb that offers a tranquil and charming lifestyle, making it a wonderful place to live. Nestled in the southeastern part of Tasmania, it provides a serene escape from the hustle and bustle of city life while still being conveniently close to Hobart. The suburb is known for its spacious properties and rural charm, which are perfect for those who appreciate a peaceful environment surrounded by natural beauty. With picturesque landscapes, including nearby beaches and bushland, Acton Park is a haven for outdoor enthusiasts and those who enjoy a slower pace of life.

    The suburb exudes a warm and welcoming vibe, with a strong sense of community that is particularly appealing to families. The family-friendly atmosphere is complemented by the availability of essential amenities, ensuring that residents have everything they need within easy reach. While Acton Park may not boast the nightlife or entertainment options of more urban areas, its proximity to Hobart means that a wider range of amenities and activities are just a short drive away. This balance of rural allure and accessibility makes it an attractive option for those seeking a harmonious lifestyle.

    Safety is generally not a concern in Acton Park, contributing to its appeal as a family-oriented suburb. The trade-offs of living here include the limited availability of rental properties, as the area predominantly consists of owner-occupied homes. This reflects the suburb's appeal to those seeking stability and a long-term commitment to the community. While the lack of major new infrastructure projects may limit immediate growth, the suburb's low-density character and limited housing supply are likely to support property values, particularly for larger properties and acreage homes. Overall, Acton Park offers a peaceful and fulfilling lifestyle, making it a lovely place for families and individuals seeking a serene yet convenient living environment.

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  • Is it expensive to live in Acton Park?

    Living in Acton Park can be quite affordable, especially when you compare it to other areas. With the median total household income sitting at $2,788 per week, residents of Acton Park are earning a decent amount. However, it's important to note that there is currently no available data on the median house and unit prices, as well as rental costs, which makes it a bit tricky to directly assess the housing market expenses.

    Given the average weekly wage in Acton Park is $2,788, which aligns with the median household income, it suggests that the residents are generally well-compensated. This can potentially make living in Acton Park more manageable in terms of cost, assuming housing and other living expenses are not disproportionately high compared to the income levels. Without specific housing cost data, it's challenging to definitively say how expensive it is, but the income figures indicate that residents are likely in a comfortable position financially.

    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 Acton Park a good place to invest?

    Acton Park presents an interesting opportunity for property investors, particularly those focused on houses. Over the last 12 months, the suburb has experienced a notable 9.8% increase in median house values, indicating strong demand and potential for capital growth. This upward trend suggests that Acton Park is gaining popularity, possibly due to its appealing lifestyle and proximity to natural attractions, making it an attractive option for families and professionals seeking a quieter, yet accessible, living environment.

    While the rental market in Acton Park has remained stable with no change in rent for both houses and units over the past year, this stability can be seen as a positive for investors looking for consistent rental income. The lack of change in unit values and rents might indicate a more cautious approach for those considering units, but the steady house market growth suggests that houses could offer better long-term returns. Overall, Acton Park's recent performance in house value growth makes it a promising suburb for investors seeking capital appreciation in the housing market.

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