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Kimberley suburb profile

Kimberley is a quaint rural locality in Tasmania's north-west, offering a peaceful and picturesque lifestyle. Nestled amidst lush farmland and rolling hills, this charming village is known for its close-knit community and serene environment. Kimberley provides a tranquil escape from urban hustle, with its scenic landscapes and natural beauty. The area is ideal for those seeking a slower pace of life, surrounded by nature and agricultural pursuits. Its proximity to larger towns like Devonport ensures residents have access to essential amenities while enjoying the tranquility of rural living.

Kimberley property market performance

Kimberley's property market has remained static over the past 12 months, with no recorded changes in median house or unit values. The median house and unit prices have both remained at $0, indicating a lack of market activity or available data in the area.

There have been no house or unit sales in the past three months, and properties have not been listed on the market, as reflected by the zero median days on market for both houses and units. This suggests a stagnant or non-existent property market in Kimberley.

Similarly, the rental market in Kimberley has shown no movement, with average rents for both houses and units remaining at $0 over the last 12 months. This indicates a lack of rental activity or available data in the suburb.

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Kimberley demographics

Kimberley, a quaint and serene suburb in Tasmania, offers a peaceful lifestyle away from the hustle and bustle of city life. With a small population of just 124 residents, it is a close-knit community where everyone knows each other. The median age of 51 suggests that Kimberley is home to a mature population, likely comprising long-term residents who appreciate the tranquility and slower pace of life that this suburb provides.

The suburb's housing landscape is predominantly characterized by home ownership, with a significant 56.6% of properties owned outright. This indicates a stable community with many residents having settled here for the long term. Additionally, 35.8% of properties are owned with a mortgage, while only a small fraction, 7.5%, are rented, highlighting the suburb's appeal to those seeking permanent residence rather than transient living arrangements.

Family structures in Kimberley are primarily composed of couple families without children, making up 57.6% of the population. This is followed by couple families with children at 33.3%, and a small percentage of one-parent families at 9.1%. The absence of other family types underscores the traditional family setup prevalent in the area. With a median household income of $817 per week, Kimberley offers an affordable living environment, ideal for retirees or those seeking a quieter lifestyle amidst Tasmania's natural beauty.

Kimberley infrastructure, key developments and investment opportunities

Kimberley remains a quiet rural locality with no major new infrastructure or large-scale development projects currently reported that would significantly alter its property market. The area continues to be characterised by productive dairy farming and natural attractions such as the nearby conservation areas and waterways, which underpin its appeal for lifestyle and rural residential buyers.

There are no recently announced upgrades to local schools, transport links, or major community facilities specific to Kimberley that are likely to materially change demand or prices in the short term. As a result, property market movements in Kimberley are more likely to be driven by broader regional trends and ongoing interest in rural living rather than suburb-specific infrastructure changes at this time.

Kimberley rental market trends

The rental market in Kimberley, TAS 7304, has remained stable over the past year, with no change in house or unit rents. Both median house and unit rents have been recorded at $0, indicating a potential lack of rental data or market activity in this area. Investors and renters may need to explore further to understand the local dynamics and opportunities.

Suburbs near Kimberley

Some popular suburbs near Kimberley include:

Common questions about Kimberley

  • Is Kimberley a nice place to live?

    Kimberley is a delightful place to live, offering a serene and picturesque lifestyle that is perfect for those who appreciate the beauty of rural living. This charming suburb is nestled amidst lush farmland and rolling hills, providing a tranquil escape from the hustle and bustle of urban life. The close-knit community is one of Kimberley's standout features, making it an inviting place for families who value strong community ties and a peaceful environment. The suburb's proximity to larger towns like Devonport ensures that residents have convenient access to essential amenities, while still enjoying the tranquility that Kimberley offers.

    For families, Kimberley provides a safe and nurturing environment, with its rural charm and natural beauty offering plenty of opportunities for outdoor activities and exploration. The suburb's relaxed pace and scenic landscapes make it an ideal setting for raising children or enjoying a quiet retirement. While Kimberley may not have the nightlife or extensive shopping options of a bustling city, its appeal lies in its simplicity and the quality of life it offers. The trade-off for this peaceful lifestyle is the limited availability of certain amenities within the suburb itself, but the nearby towns provide all the necessary conveniences.

    Overall, Kimberley is a wonderful place to call home for those who appreciate a slower pace of life and the joys of rural living. Its strong sense of community, combined with the natural beauty of the surrounding area, makes it a unique and appealing choice for families and individuals seeking a peaceful retreat. While it may not offer the excitement of urban living, Kimberley more than compensates with its charm, safety, and the opportunity to be part of a welcoming community.

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  • Is it expensive to live in Kimberley?

    Living in Kimberley can be considered quite affordable, especially when compared to other areas in Tasmania. With a median total household income of $817 per week, residents here earn significantly less than the broader Tasmania average of $1,619 per week for full-time workers. This suggests that the cost of living in Kimberley is lower, aligning with the income levels of its residents.

    Interestingly, the current data shows that house and unit prices, as well as rental costs, are not available, which could indicate a very small or niche property market. This lack of data might reflect the rural nature of Kimberley, where property transactions are less frequent, and housing costs are likely to be more modest compared to urban areas.

    Overall, if you are thinking of living in Kimberley, it seems to offer a more economical lifestyle, particularly when compared to the higher costs associated with Tasmania's capital city or more urbanized areas. However, potential residents should consider the availability of amenities and services, as these might differ from what is typically found in larger towns or cities.

    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 Kimberley a good place to invest?

    Kimberley presents a unique opportunity for investors who are looking for stability in the real estate market. Over the past year, the suburb has experienced no change in median house and unit values, as well as rental prices. This stability can be appealing for those who prefer a low-risk investment environment, where sudden market fluctuations are less likely to occur.

    While the lack of growth in property values and rental prices might not attract those seeking quick returns, Kimberley offers a sense of predictability that can be valuable for long-term planning. The suburb's consistent performance suggests a steady demand for housing, which can provide reliable rental income for investors. Additionally, Kimberley's charm and community feel might appeal to families and individuals looking for a peaceful place to live, ensuring a stable tenant base.

    Overall, Kimberley is a suitable choice for investors who prioritize stability and are willing to hold onto their investments for the long haul. Its consistent market performance and potential for gradual appreciation make it a solid option for those seeking a dependable investment in the real estate sector.

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