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Legana suburb profile

Legana is a rapidly growing suburb located in Tasmania's picturesque Tamar Valley, approximately 12km north of Launceston. Known for its scenic landscapes and semi-rural charm, Legana offers a peaceful lifestyle with the convenience of nearby urban amenities. The suburb features a mix of modern housing developments and established homes, catering to families and retirees alike. With its expanding shopping precinct, local schools, and recreational facilities, Legana is becoming an increasingly popular choice for those seeking a balance between country living and city access. Its proximity to the Tamar River adds to its appeal, offering opportunities for outdoor activities and relaxation.

Legana property market performance

Property growth+0.1%Past 12 months

Legana’s property market has shown modest growth over the past 12 months, with house values increasing by 2.7%. The current median house price stands at $815,000. There has been no change in unit values, reflecting a stagnant unit market.

Sales activity has been relatively active, with 34 houses and 5 units sold over the last 12 months. Houses are selling quickly, with a median of 29 days on the market, while units are moving even faster at 14 days, indicating strong demand for available units despite the lack of price movement.

In the rental market, house rents have increased by 4.5% over the past year, with the average rent reaching $585. The unit rental market remains unchanged, with no recorded rent or change in value, suggesting limited activity in this sector.

HousesUnits
Median price
Past 3 months
$833KN/A
Change in value
Past 12 months
3.2%-3.0%
Sold
Past 3 months
295
Median days on market
Past 12 months
2316
Average rent
Past 12 months
$595$550
Change in rent
Past 12 months
8.2%10.4%

5 year median price trend for houses and units

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Legana demographics

Legana, a suburb located in Tasmania, offers a serene lifestyle with its picturesque landscapes and close-knit community. With a population of 4,719, it provides a peaceful environment that is ideal for families and retirees. The median age of 41 indicates a mature community, with many residents enjoying the balance of tranquility and convenience that Legana offers.

The suburb is characterized by a strong sense of family, with 43.2% of households being couple families with children and 43.9% being couple families without children. This balance reflects Legana's appeal to both growing families and those who prefer a quieter lifestyle. The presence of one-parent families at 12% also highlights the suburb's supportive community environment.

In terms of property ownership, Legana shows a high level of stability, with 40.9% of homes owned outright and 43.1% owned with a mortgage. This indicates a strong sense of investment in the area, with many residents choosing to settle down long-term. The rental market is relatively small, with only 16% of properties being rented, which further underscores the suburb's appeal to homeowners.

Overall, Legana offers a blend of rural charm and modern convenience, making it an attractive option for those seeking a peaceful lifestyle without sacrificing access to amenities. Its community-oriented atmosphere and beautiful surroundings make it a desirable place to call home.

Suburbs near Legana

Some popular suburbs near Legana include:

  • Rosevears: Known for its picturesque vineyards and river views, Rosevears is located directly west of Legana.
  • Grindelwald: Featuring a unique Swiss-themed village and scenic landscapes, Grindelwald is situated to the northwest of Legana.
  • Dilston: Known for its rural charm and proximity to the Tamar River, Dilston lies to the northeast of Legana.
  • Bridgenorth: Offering a peaceful rural lifestyle with expansive views, Bridgenorth is located to the southwest of Legana.
  • Windermere: Known for its serene environment and historic sites, Windermere is situated to the east of Legana.

How does Legana compare to nearby suburbs?

  • House price growth: Property prices in nearby Grindelwald have risen 11.8% more than in Legana over the past year.
  • Selling speed for houses: Properties in Legana are selling 72.3% faster than in Grindelwald.

Choose the right real estate agents in Legana

Currently, there are 53 real estate agents working in Legana—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 53 agents sold 47.7% of all properties in Legana 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 Legana typically charge a commission of 2.38% 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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