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Kempton suburb profile

Kempton is a quaint rural town located in Tasmania's Southern Midlands, approximately 50km north of Hobart. Known for its rich colonial history, Kempton features charming heritage buildings and a peaceful countryside atmosphere. The town serves as a gateway to the Midlands region, offering a glimpse into Tasmania's past with its well-preserved architecture and historical landmarks. Kempton's close-knit community enjoys a slower pace of life, with local events and markets fostering a strong sense of camaraderie. Its picturesque setting and easy access to both Hobart and the Midlands make Kempton an appealing destination for those seeking a tranquil rural lifestyle.

Kempton property market performance

Kempton's property market has remained static over the past 12 months, with no change in median house or unit values. The current median house and unit prices stand at $0, indicating a lack of recent market activity or available data. Only two houses have been sold in the past year, and no units have been transacted, reflecting limited sales activity in the area.

There is no available data on the median days on market for houses or units over the last three months, suggesting a stagnant market. Additionally, the rental market has shown no movement, with average rents for both houses and units remaining at $0 over the past year, and no change in rental values.

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Kempton demographics

Kempton, a quaint rural town in Tasmania, offers a serene lifestyle with a close-knit community feel. With a population of just 420, it is a place where everyone knows their neighbors, and the sense of community is strong. The median age of 43 suggests a mature population, with many residents likely enjoying the peacefulness and slower pace of life that Kempton provides.

The town's housing landscape is predominantly owner-occupied, with 39.7% of properties owned outright and 45% owned with a mortgage. This indicates a stable community with long-term residents who have invested in the area. Renting is less common, with only 15.2% of properties being rented, which further emphasizes the town's appeal to those seeking permanence and stability.

Family life in Kempton is vibrant, with couple families with children making up 40.6% of the population, while couple families without children account for 45.3%. This balance of family types contributes to a diverse community atmosphere. The presence of one-parent families, at 14.1%, adds to the town's inclusive nature, ensuring a supportive environment for all family structures.

Kempton's charm lies in its rural setting, offering residents a break from the hustle and bustle of city life. The town's historical buildings and scenic landscapes provide a picturesque backdrop for those who appreciate the tranquility of country living. With a median household income of $1241 per week, Kempton offers an affordable lifestyle, making it an attractive option for families and retirees alike.

Kempton infrastructure, key developments and investment opportunities

Kempton remains a small, heritage-focused township with no major new infrastructure projects recently announced that would significantly alter its property market trajectory. The suburb’s established character, including well-preserved colonial buildings and attractions like Old Kempton Distillery, continues to underpin its appeal to lifestyle buyers and tourists, supporting steady demand for character homes and rural-residential properties.

Kempton benefits from its location on the Midlands Highway corridor, providing convenient road access to larger employment and service centres, which is a key driver of ongoing residential interest from commuters and tree-changers. At this stage, there are no widely reported large-scale redevelopments, transport upgrades or new schools specific to Kempton that are expected to materially shift local property prices beyond broader regional trends.

Kempton rental market trends

The rental market in Kempton has remained stable over the past year, with both house and unit rents showing no change, maintaining a median rent of $0 per week. This indicates a lack of rental activity or data in the area, suggesting a potential opportunity for future development or investment in this quiet Tasmanian suburb.

Suburbs near Kempton

Some popular suburbs near Kempton include:

How does Kempton compare to nearby suburbs?

    Common questions about Kempton

    • Is Kempton a nice place to live?

      Kempton is a delightful place to live, especially for those who cherish a serene and picturesque rural lifestyle. Nestled in Tasmania's Southern Midlands, this charming town is known for its rich colonial history and beautifully preserved heritage buildings. The peaceful countryside atmosphere offers a tranquil escape from the hustle and bustle of city life, making it an ideal location for families seeking a close-knit community. The town's strong sense of camaraderie is evident in the local events and markets that bring residents together, fostering a warm and welcoming environment.

      Living in Kempton means enjoying the best of both worlds, with easy access to the amenities of Hobart and the scenic beauty of the Midlands. While the town itself may not boast a bustling nightlife or extensive shopping options, its proximity to larger centers ensures that residents are never far from the conveniences they need. Safety is generally not a concern, with the town's small size and community-oriented vibe contributing to a secure and peaceful living environment.

      For families, Kempton offers a supportive and inclusive atmosphere, with a diverse mix of family types contributing to the community's vibrant character. The town's slower pace of life and affordable lifestyle make it an attractive option for those looking to settle down and raise children in a nurturing environment. However, potential residents should be aware that Kempton's rural setting means that some trade-offs are necessary, such as limited public transport options and fewer entertainment venues. Nonetheless, for those who value tranquility and community spirit, Kempton is a wonderful place to call home.

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    • Is it expensive to live in Kempton?

      Living in Kempton can be seen as quite affordable, especially when compared to more urban areas in Tasmania. With the median household income at $1,241 per week, residents earn a decent amount that aligns closely with the Tasmania state average annual wage of $95,000 for full-time workers. This suggests that the cost of living in Kempton is generally manageable for those earning the state average wage.

      Interestingly, current data shows no median house or unit prices, nor any average rental prices for the suburb, which might indicate a limited property market or a lack of recent transactions. This could mean that housing costs are relatively low or stable, contributing to the affordability of living in Kempton. If you're thinking of living in Kempton, it's worth considering that while it might not offer the bustling lifestyle of larger cities, it provides a more budget-friendly living environment with income levels that comfortably support the cost of living in the area.

      Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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    • Is Kempton a good place to invest?

      Kempton presents a unique investment opportunity, particularly for those looking to enter the property market without the pressure of rapid price changes. Over the past year, the median house and unit values have remained stable, which can be appealing for investors seeking a more predictable market environment. This stability suggests that Kempton is not subject to the volatility seen in some other areas, making it a potentially safer choice for those who prefer a steady investment.

      While there hasn't been a change in rental prices for houses and units over the last 12 months, this consistency can be seen as a positive aspect for investors focused on long-term rental income. The lack of fluctuation in rent indicates a stable rental market, which can be attractive for those looking to secure a reliable income stream. Additionally, Kempton's charm as a small, close-knit community offers a peaceful lifestyle that appeals to renters who value tranquility and a slower pace of life.

      Overall, Kempton may not offer the rapid capital growth seen in more dynamic markets, but its stability and potential for consistent rental returns make it a solid choice for investors seeking a low-risk, long-term investment. The suburb's appeal lies in its predictability and the opportunity to invest in a community-oriented area that maintains its value over time.

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    Choose the right real estate agents in Kempton

    Currently, there are 9 real estate agents working in Kempton—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 9 agents sold 77.8% of all properties in Kempton 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 Kempton typically charge a commission of 2.63% 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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