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Lauderdale suburb profile

Lauderdale is a picturesque suburb located on the eastern shore of Hobart, Tasmania, known for its stunning coastal views and relaxed lifestyle. Nestled between Ralphs Bay and Frederick Henry Bay, it offers residents a serene environment with easy access to beautiful beaches and outdoor recreational activities. Lauderdale is popular among families and retirees, providing a mix of modern homes and traditional properties. The suburb features essential amenities, including local shops, schools, and community facilities, while maintaining a close-knit community feel. Its proximity to Hobart's city center makes it an attractive option for those seeking a balance between coastal living and urban convenience.

Lauderdale property market performance

Lauderdale’s property market has shown a significant increase in house values over the past 12 months, with a rise of 16.3%. However, the median house price remains at $0, indicating a lack of available data or sales in the area. The unit market has seen no change in value, with no units sold in the past year.

Sales activity for houses has been minimal, with only 6 houses sold over the last 12 months. Houses are selling relatively quickly, with a median of 16 days on the market, suggesting strong demand despite limited sales data.

The rental market for houses in Lauderdale has experienced a 5.6% increase in average rent, now at $655. There is no available data for unit rentals, reflecting the absence of unit sales and rental activity in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
10.8%N/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
16N/A
Average rent
Past 12 months
$655N/A
Change in rent
Past 12 months
5.6%N/A

5 year median price trend for houses and units

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Lauderdale demographics

Lauderdale, a serene suburb located in Tasmania, offers a tranquil lifestyle with its picturesque coastal setting. With a population of 2,592, it is a close-knit community that enjoys the natural beauty and relaxed pace of life. The median age of 42 suggests a mature population, with many families and long-term residents appreciating the suburb's peaceful environment and family-friendly amenities.

The suburb is predominantly composed of couple families, with 45.5% having children and 40.3% without, indicating a balanced mix of family dynamics. One-parent families make up 13.6% of the community, while other family types are relatively rare. This family-oriented atmosphere is complemented by the suburb's scenic surroundings, making it an ideal place for raising children and enjoying a laid-back lifestyle.

Property ownership in Lauderdale is notably high, with 39.8% of homes owned outright and 49.3% owned with a mortgage. This reflects a stable housing market and a strong sense of community investment. Only 10.8% of properties are rented, highlighting the suburb's appeal to homeowners seeking long-term residence. With its combination of natural beauty, family-friendly environment, and strong property ownership, Lauderdale is a desirable location for those looking to settle in a peaceful coastal suburb.

Suburbs near Lauderdale

Some popular suburbs near Lauderdale include:

  • Oakdowns: A quiet residential suburb with a growing community, Oakdowns is located to the northwest of Lauderdale.
  • Acton Park: Known for its spacious properties and rural charm, Acton Park is situated to the north of Lauderdale.
  • Clarendon Vale: Offering affordable housing options and community facilities, Clarendon Vale lies to the west of Lauderdale.
  • Sandford: Known for its scenic landscapes and outdoor recreational opportunities, Sandford is located to the south of Lauderdale.
  • Rokeby: Featuring a mix of residential and commercial developments, Rokeby is situated to the northwest of Lauderdale.

How does Lauderdale compare to nearby suburbs?

  • Median house prices: Lauderdale’s median house price is 13.0% higher than Rokeby’s.
  • House price growth: Over the past 12 months, house prices in Lauderdale have grown 4.8% higher than in Acton Park.
  • Selling speed for houses: Properties in Lauderdale are selling 56.8% faster than in Oakdowns.
  • House price growth: Over the past 12 months, house prices in Lauderdale have grown 11.4% higher than the average rate of growth across Hobart.

Choose the right real estate agents in Lauderdale

There are 30 real estate agents in Lauderdale, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 34.1% of all sales in the past year.

Commission rates in Lauderdale typically range from 2.63% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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