Question 1

Is Hillwood a nice place to live?

Accepted Answer

Hillwood is a small riverside locality on the banks of the Tamar River with a quietly rural-residential, village feel. The housing mix includes riverfront houses and modest weatherboard cottages alongside hobby farms and newer brick homes set among paddocks and riverside reserves. There is easy recreational access to the river for boating and fishing, and the East Tamar Highway provides straightforward road links to Launceston and neighbouring towns, so it suits people after a relaxed country-river lifestyle within reach of regional services and attractions.

The community is small, 591 people with a median age of 50, and households are dominated by couple families who make up 87.9% of families. Most homes are owner-occupied, with 52.3% owned outright and 37.4% owned with a mortgage, a combined 89.7% owner-occupied while 10.2% are rented. Local facilities are receiving attention, including a state-backed upgrade at the Hillwood Recreation Hub, progressed work on a football club extension and kitchen improvements, council open-space planning and a reallocation of some funds toward a mountain-bike project.

Question 2

Is it expensive to live in Hillwood?

Accepted Answer

There haven't been enough recent sales or rentals in Hillwood 7252 to publish reliable house or unit prices or typical rents. With only the suburb's median household income as recorded at the most recent Census available, it isn't possible to say how expensive it is to live in Hillwood compared with what people there earned at the last Census.

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 Hillwood a good place to invest?

Accepted Answer

House values in Hillwood climbed 18.9% over the past 12 months, a strong rise in what a house here is worth. For someone weighing Hillwood up as an investment, that movement relates to capital growth, and whether it matches your objectives 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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	18.9%	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	26	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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