Question 1

Is Cremorne a nice place to live?

Accepted Answer

Cremorne is a small coastal suburb on Hobart’s eastern shore with a quiet, low-density streetscape and broad water outlooks across the Derwent. Housing is mainly single-dwelling, a mix of older cottages and more recent waterside homes set among coastal bush and foreshore, and residents make the most of beaches, rocky points and simple coastal walks. It suits people after a relaxed seaside lifestyle, from families to downsizers and those who commute to the city, and it retains a village-like atmosphere while being within easy reach of eastern shore services and amenities.

The community numbers 602 people with a median age of 43, and households are overwhelmingly owner-occupied, 93.2% compared with 6.8% rented. Couple families with children are the largest family group at 51.8% of families. Local plans identify foreshore improvements at Cremorne Beach Reserve, and the bowls and community club has been awarded funding to upgrade toilets and improve its car park and fencing, which should support easier access to reserve and club facilities.

Question 2

Is it expensive to live in Cremorne?

Accepted Answer

There haven't been enough recent sales or rentals in Cremorne (TAS 7024) to put reliable figures on what homes cost to buy or rent. Without those, there isn't a clear picture of how expensive it is to live here compared with 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 Cremorne a good place to invest?

Accepted Answer

There haven't been enough recent property sales in Cremorne to publish reliable figures on how house or unit values and rents changed over the past 12 months. Without that information, there isn't a clear picture of how the suburb performed as an investment during the year.

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.

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Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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