Get a property report and suburb profile for any property in Blackmans Bay

Blackmans Bay has a relaxed seaside character centred on a long sandy beach, a rocky headland and coastal reserves. It attracts families and older residents who enjoy foreshore walks, fishing and a compact local centre of shops and cafes. Streets show a mix of older weatherboard cottages and brick homes alongside more recent suburban houses, often on gently sloping blocks with sea views. The Channel Highway runs nearby and regular buses link the suburb with surrounding centres, while many people travel to Kingston or Hobart for work.

It is a suburb of couple families and is home to 7,688 people with a median age of 42, and homes are largely owner-occupied (78.1%). Everyday life is supported by ongoing local investment, including major wastewater upgrades and a modular Class A recycled water treatment plant at the site, coastal and access works, road reconstruction and stormwater and public-facility upgrades. Whether Blackmans Bay suits you will come down to how much you value a seaside setting with close local shops and connections to nearby centres.

Buying in Blackmans Bay looks relatively stretched on these figures. A median house price of $925,000 is about 9.8 times a typical local household's annual income at the last Census (weekly household income $1,806, annualised to $93,912), which puts buying well above local incomes.

Renting is less stretched by comparison. A house rent of $653 a week would take about 36.2% of a typical local household's weekly income at the last Census (a sizeable share), while a unit rent of $500 a week would take about 27.7% (a moderate share). Which of these matters more depends on whether you plan to rent or buy and on your own circumstances.

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

The clearest movement over the past year is in unit values, which rose 8.9%. House values increased 5.4% over the same period, while unit rents climbed 6.4% and house rents climbed 6.2%.

For someone weighing up Blackmans Bay as an investment, the value figures point to stronger capital growth for units this year, while rents grew at a similar, solid pace for both houses and units. If rental income is your priority, the rent figures are the most relevant; if capital growth matters more, the unit value rise is the standout. Whether that balance suits your goals and circumstances is for you to decide.

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.