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Ambleside suburb profile

Ambleside is a picturesque suburb located on the eastern banks of the Mersey River in Tasmania, offering a serene and scenic environment. Known for its natural beauty and tranquil atmosphere, Ambleside provides residents with stunning river views and lush greenery. The suburb is conveniently situated near the city of Devonport, providing easy access to urban amenities while maintaining a peaceful, rural feel. With its close proximity to the Spirit of Tasmania ferry terminal, Ambleside serves as a gateway for exploring the broader Tasmanian landscape. Its blend of natural charm and accessibility makes it an appealing choice for those seeking a quiet yet connected lifestyle.

Ambleside property market performance

Ambleside's property market has shown minimal activity over the past 12 months, with no change in median house or unit values. The median house price and unit price both remain at $0, indicating a lack of significant transactions or market movement. Only one house and two units have been sold in the past year, reflecting limited sales activity in the area.

Houses have a median time on market of 35 days, while units have not registered any days on market, suggesting a stagnant unit market. The rental market has also seen no change, with average rents for both houses and units remaining at $0 over the last 12 months, indicating a lack of rental activity or data in Ambleside.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-9.9%N/A
Sold
Past 3 months
12
Median days on market
Past 12 months
35N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Ambleside demographics

Ambleside, nestled in Tasmania's picturesque landscape, offers a serene and community-focused lifestyle. With a population of just 695, it provides a close-knit environment where residents enjoy the tranquility of rural living. The median age of 48 suggests a mature community, with many residents likely enjoying the peaceful surroundings and slower pace of life that Ambleside offers.

The suburb's family dynamics are diverse, with 34.6% of families being couples with children and a significant 52.1% being couples without children. This indicates a balanced mix of family-oriented households and those who may be enjoying their later years without the responsibilities of raising children. The presence of one-parent families, making up 13.4% of the community, adds to the suburb's familial diversity.

Property ownership in Ambleside is predominantly outright, with 51.4% of homes owned without a mortgage, reflecting a stable and established community. A further 33.6% of properties are owned with a mortgage, while only 15% are rented, highlighting the suburb's appeal to those seeking long-term residence. The relatively low median household income of $1443 per week aligns with the suburb's rural setting, where the cost of living is generally lower than in urban areas.

Ambleside infrastructure, key developments and investment opportunities

Ambleside benefits from its position on the south-eastern side of the Mersey River, offering river and city views and convenient access into nearby Devonport via the main eastern entrance and Victoria Bridge, which supports buyer demand from commuters and families.[7][8] The suburb is described as a quiet residential area with easy access to shops and services in Devonport and Latrobe, enhancing overall livability and appeal for owner-occupiers.[8]

A shared bike track being constructed along River Road is improving active transport options and riverfront recreation, which is likely to make the area more attractive to families and lifestyle-focused buyers over time.[8] There are no widely reported major new schools, hospitals, or large-scale commercial redevelopments specific to Ambleside at present, so near-term market influences are more closely tied to its established amenity, outlook, and proximity to larger infrastructure and employment hubs in neighbouring suburbs.

Ambleside rental market trends

The rental market in Ambleside, TAS 7310, 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 unique market condition, possibly reflecting limited rental activity or data availability in the area.

Suburbs near Ambleside

Some popular suburbs near Ambleside include:

How does Ambleside compare to nearby suburbs?

  • Median house prices: Ambleside’s median house price is 32.4% higher than East Devonport’s.
  • House price growth: Property prices in nearby Miandetta have risen 16.7% more than in Ambleside over the past year.
  • Selling speed for houses: Properties in Ambleside are selling 40.7% faster than in Spreyton.

Common questions about Ambleside

  • Is Ambleside a nice place to live?

    Ambleside is a delightful suburb that offers a peaceful and community-focused lifestyle, making it a charming place to call home. With its serene environment and picturesque setting on the eastern banks of the Mersey River, Ambleside is perfect for those who appreciate natural beauty and tranquility. The suburb's proximity to Devonport ensures that residents have convenient access to urban amenities while enjoying the benefits of a rural atmosphere. This balance of accessibility and serenity makes Ambleside a highly desirable location for families and individuals seeking a quieter pace of life.

    The vibe in Ambleside is one of calm and relaxation, with a strong sense of community that is welcoming to families. The suburb's lush greenery and river views provide a stunning backdrop for outdoor activities, and the ongoing development of a shared bike track along River Road enhances the area's appeal for active families and lifestyle-focused individuals. While Ambleside may not have the bustling nightlife of a city, it offers a peaceful retreat with easy access to shops, cafes, and services in nearby Devonport and Latrobe.

    Safety is generally not a major concern in Ambleside, contributing to its appeal as a family-friendly suburb. However, potential residents should consider the trade-offs of living in a quieter area, such as the lack of major new schools or hospitals within the suburb itself. Despite this, the established amenities and proximity to larger infrastructure and employment hubs in neighboring suburbs ensure that Ambleside remains a practical choice for those seeking a harmonious blend of rural charm and urban convenience. Overall, Ambleside is a lovely place to live for those who value a serene lifestyle with easy access to the broader Tasmanian landscape.

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  • Is it expensive to live in Ambleside?

    Living in Ambleside, Tasmania, presents a unique scenario when it comes to determining the cost of living. With the current median house and unit prices not available, and average rents also unreported, it's challenging to directly assess housing expenses in this suburb. However, we can still consider the overall cost of living by looking at income data.

    The median total household income in Ambleside is approximately $1,443 per week. When compared to the average annual wage in Tasmania, which is around $97,000, Ambleside's household income seems modest. This suggests that the cost of living might be relatively manageable, assuming housing costs align with typical regional expectations. However, without specific property market data, it's difficult to provide a definitive answer on housing affordability.

    Overall, if you are thinking of living in Ambleside, it would be wise to investigate local housing options and costs further. While the general income levels suggest a potentially affordable lifestyle, the absence of detailed property data means prospective residents should conduct thorough research to ensure their budget aligns with the actual living expenses in the area.

    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 Ambleside a good place to invest?

    Ambleside presents a unique investment opportunity for those looking for stability in the property market. Over the past year, the suburb has seen no change in median house and unit values, as well as rental prices. While this might not seem exciting at first glance, it indicates a level of stability that can be appealing to investors seeking a low-risk environment.

    The lack of fluctuation in property and rental values suggests that Ambleside is a steady market, which can be particularly attractive for investors who prefer a predictable investment landscape. The suburb's consistent performance may appeal to those who value reliability over rapid growth. Additionally, Ambleside's charm and community feel could attract long-term renters, providing a stable rental income for property owners.

    Overall, while Ambleside may not offer the rapid capital growth seen in some other areas, its stable market conditions make it a solid choice for investors looking for a dependable and low-risk investment. The suburb's steady nature could provide peace of mind and a reliable return over time.

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Choose the right real estate agents in Ambleside

Currently, there are 13 real estate agents working in Ambleside—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 13 agents sold 68.0% of all properties in Ambleside over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Ambleside typically charge a commission of 2.63% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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