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Beauty Point suburb profile

Beauty Point is a picturesque riverside suburb located in northern Tasmania, known for its stunning views of the Tamar River and tranquil lifestyle. Originally established as the first deep-water port on the Tamar, it has evolved into a charming residential area with a strong maritime heritage. The suburb is home to attractions like the Seahorse World and Platypus House, drawing visitors interested in unique wildlife experiences. Beauty Point offers a peaceful environment with a close-knit community, making it an appealing choice for those seeking a serene escape with easy access to natural beauty and local amenities.

Beauty Point property market performance

Beauty Point's property market has shown modest growth over the past 12 months, with house values increasing by 3.1%. However, the median house price remains at $0, indicating a lack of recent sales data or transactions. The unit market has seen no change in value, with no units sold in the past year, reflecting limited activity in this segment.

In terms of sales activity, 9 houses were sold over the last 12 months, with houses spending a median of 40 days on the market. The unit market remains inactive, with no units sold or listed, suggesting a potential opportunity for future development or investment.

The rental market in Beauty Point has remained stable, with the average rent for houses at $420 over the last 12 months, showing no change. The unit rental market is inactive, with no data available, highlighting a potential gap in the rental market for units.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
16.4%N/A
Sold
Past 3 months
91
Median days on market
Past 12 months
51N/A
Average rent
Past 12 months
$420N/A
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Beauty Point demographics

Beauty Point, nestled in Tasmania's picturesque Tamar Valley, is a serene suburb known for its stunning waterfront views and tranquil lifestyle. With a population of 1,285, it offers a close-knit community atmosphere, appealing particularly to retirees and those seeking a peaceful retreat. The median age of 57 reflects a mature population, with many residents enjoying the slower pace and natural beauty of the area.

The suburb's housing landscape is characterized by a high rate of outright home ownership, with 54.2% of properties owned outright. This suggests a stable community with long-term residents who have settled into the area. Additionally, 26.9% of homes are owned with a mortgage, while only 18.9% are rented, indicating a preference for home ownership among the locals.

Family structures in Beauty Point are predominantly couple families without children, making up 58.2% of the family demographic. This is complemented by 23.1% of couple families with children and 18.8% of one-parent families. The suburb's modest median household income of $841 per week reflects its appeal to those who prioritize lifestyle over high-income opportunities, with many residents likely enjoying the benefits of a relaxed, community-focused environment.

Suburbs near Beauty Point

Some popular suburbs near Beauty Point include:

How does Beauty Point compare to nearby suburbs?

  • Median house prices: Beauty Point’s median house price is 4.5% lower than George Town’s.
  • House price growth: Over the past 12 months, house prices in Beauty Point have grown 7.8% higher than in Beaconsfield.
  • Selling speed for houses: Properties in nearby George Town are selling 45.1% faster than in Beauty Point.

Choose the right real estate agents in Beauty Point

Currently, there are 22 real estate agents working in Beauty Point—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 22 agents sold 48.8% of all properties in Beauty Point 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 Beauty Point typically charge a commission of 2.38% 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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