Question 1

Is Austins Ferry a nice place to live?

Accepted Answer

Austins Ferry is a quiet riverside suburb on the western bank of the River Derwent with an easygoing, village feel. Housing ranges from weatherboard cottages and postwar brick homes to newer riverside residences on elevated streets with water views. Green spaces along the river and local access for walking and boating shape much of everyday life, while larger shopping and services are available in neighbouring centres.

The community of about 2,395 people has a median age of 39 and is largely owner-occupied (79.6%), which gives it a settled character and a noticeable share of couple families. A new four-lane bridge across the Derwent is in place and foreshore works, including a boat ramp and jetty, are being finished, while active-transport planning and cycleway extensions are proposed. That mix tends to suit families, commuters and retirees who prefer calmer streets and river access; whether it fits you depends on what you want.

Question 2

Is it expensive to live in Austins Ferry?

Accepted Answer

On the figures, housing in Austins Ferry sits notably above what local households were earning at the last Census. A median house price of $750,000 is about 8.9 times a typical local annual household income at the last Census (weekly household income $1,625, annualised to $84,500). A house rent of $675 a week would take about 41.5% of a typical local household's weekly income at the last Census. On these figures, renting would use a large share of that recorded income, and buying sits well above local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Austins Ferry a good place to invest?

Accepted Answer

Over the past 12 months house values in Austins Ferry climbed 22.3%, a strong rise, while house rents increased 16.4%, also a strong gain. That leaves capital growth as the stronger performer over the year, with rental income also rising substantially; the rent figure is the one that matters most if steady rental income is your priority. Whether that balance makes Austins Ferry the right place to invest depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$750K	N/A
Change in value Past 12 months	22.3%	N/A
Sold Past 3 months	13	5
Median days on market Past 12 months	14	N/A
Average rent Past 12 months	$675	N/A
Change in rent Past 12 months	16.4%	N/A

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