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Lindisfarne suburb profile

Lindisfarne is a picturesque suburb located on the eastern shore of the Derwent River, just a short drive from Hobart's city centre. Known for its stunning water views and tranquil atmosphere, Lindisfarne offers a blend of suburban comfort and natural beauty. The area is popular with families and retirees, thanks to its excellent schools, parks, and community facilities. Lindisfarne boasts a charming village atmosphere with local shops, cafes, and a strong sense of community. Its proximity to Hobart, combined with its scenic surroundings, makes Lindisfarne a desirable location for those seeking a peaceful yet connected lifestyle.

Lindisfarne property market performance

Property growth+6.3%Past 12 months

Lindisfarne’s property market has shown varied performance over the past 12 months. House values have seen a modest increase of 1.3%, with the current median house price at $792,650. In contrast, unit values have experienced a significant rise of 8.8%, although the median unit price is not available.

Sales activity has been relatively active, with 35 houses and 7 units sold in the past 12 months. Houses are selling quickly, with a median of 24 days on the market, while units are moving even faster at 13 days, indicating strong demand in the unit market.

The rental market in Lindisfarne has seen notable growth, with house rents increasing by 8.3% and unit rents by 10.4% over the last 12 months, reflecting a robust demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$813KN/A
Change in value
Past 12 months
1.3%11.3%
Sold
Past 3 months
367
Median days on market
Past 12 months
2515
Average rent
Past 12 months
$648$530
Change in rent
Past 12 months
12.7%10.4%

5 year median price trend for houses and units

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Lindisfarne demographics

Lindisfarne, a picturesque suburb located on the eastern shore of the Derwent River in Hobart, Tasmania, offers a serene and family-friendly environment. With a population of 6,639, it is a close-knit community that enjoys the benefits of suburban living while being just a short drive from the city center. The median age of 46 suggests a mature population, with many residents likely to be established families and retirees who appreciate the suburb's peaceful ambiance and scenic views.

The suburb's housing landscape is characterized by a high rate of home ownership, with 41.9% of properties owned outright and 34.0% owned with a mortgage. This indicates a stable community with a significant number of long-term residents. Rental properties make up 24.1% of the housing market, providing options for those seeking flexibility or new to the area. The median total household income of $1,565 per week reflects a comfortable standard of living, aligning with the suburb's appeal to families and professionals.

Family dynamics in Lindisfarne are diverse, with 34.9% of households being couple families with children and 48.3% being couple families without children. One-parent families account for 15.5% of the community, highlighting the suburb's inclusive nature. The presence of parks, schools, and local amenities supports a family-oriented lifestyle, making Lindisfarne an attractive choice for those seeking a balanced and fulfilling suburban experience.

Lindisfarne infrastructure, key developments and investment opportunities

Lindisfarne benefits from its established village-style centre with supermarkets, medical services, cafes and specialty shops, while being only a short drive across the Tasman Bridge to major retail at Rosny Park and the Hobart CBD, supporting ongoing buyer demand and rental appeal.[5][6] The suburb’s foreshore parks, walking tracks and proximity to the Derwent River, along with the local yacht club and recreational facilities, enhance lifestyle appeal and are likely to remain a key driver of desirability for families and downsizers.[6]

There are currently no widely publicised large-scale new transport, school or commercial infrastructure projects specific to Lindisfarne, with the area instead benefiting from incremental improvements and its existing road connections to employment hubs on the Eastern Shore and in the city.[5][8] In this context, recent property performance appears to be driven more by Lindisfarne’s established amenity, water views and convenient location than by new headline infrastructure, suggesting steady rather than speculative growth influences in the local market.[7][9]

Lindisfarne rental market trends

The rental market in Lindisfarne has experienced notable growth, with house rents increasing by 8.3% over the past year to $628 per week, while unit rents have risen 10.4% to $530 per week. This suburb continues to attract interest due to its appealing lifestyle and proximity to Hobart, making it a desirable location for both renters and investors.

Suburbs near Lindisfarne

Some popular suburbs near Lindisfarne include:

How does Lindisfarne compare to nearby suburbs?

  • Median house prices: Lindisfarne’s median house price is 3.5% higher than Geilston Bay’s.
  • House price growth: Property prices in nearby Rose Bay have risen 10.5% more than in Lindisfarne over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Lindisfarne have grown 4.2% higher than in Geilston Bay.
  • Selling speed for houses: Properties in Lindisfarne are selling 41.9% faster than in Rose Bay.
  • Selling speed for units: Properties in Lindisfarne are selling 58.3% faster than in Geilston Bay.
  • Investment considerations: In Lindisfarne, the rental yield for house is 8.9% higher than the Hobart average, while the rental yield for units is 12.5% higher.
  • House price growth: Over the past 12 months, house prices in Lindisfarne have grown 3.5% higher than the average rate of growth across Hobart.
  • Unit price growth:Over the past 12 months, unit prices in Lindisfarne have grown 18.4% higher than the average rate of growth for units across Hobart.

Common questions about Lindisfarne

  • Is Lindisfarne a nice place to live?

    Lindisfarne is a delightful suburb that offers a serene and family-friendly environment, making it a fantastic place to call home. Nestled on the eastern shore of the Derwent River, it provides residents with breathtaking water views and a tranquil atmosphere that is perfect for those seeking a peaceful lifestyle. The suburb exudes a charming village vibe, with local shops and cafes that foster a strong sense of community. Families are particularly drawn to Lindisfarne due to its excellent schools and abundance of parks, which provide ample opportunities for outdoor activities and family outings.

    While Lindisfarne offers a picturesque and connected lifestyle, it does come with some trade-offs. The suburb lacks large-scale new infrastructure projects, which means that while it benefits from its existing amenities and road connections, it may not experience rapid growth or development. However, this stability can be appealing to those who appreciate a steady and established community. Safety is generally not a concern, contributing to the suburb's appeal for families and retirees alike.

    For those who enjoy a balance of suburban comfort and natural beauty, Lindisfarne is an ideal choice. Its proximity to Hobart ensures that residents have easy access to the city's amenities, while the local yacht club and recreational facilities offer plenty of leisure options. Although it may not have the bustling nightlife of a city centre, Lindisfarne's peaceful ambiance and scenic surroundings make it a desirable location for families and individuals seeking a fulfilling suburban experience.

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  • Is it expensive to live in Lindisfarne?

    Living in Lindisfarne can be considered moderately expensive, particularly when it comes to housing costs. The current median house price stands at $792,650, which is relatively high for Tasmania, especially considering that Lindisfarne isn't in close proximity to Hobart's central business district. For those looking to rent, the average rent for houses is $628 per week, while units are slightly more affordable at $530 per week.

    When you compare these figures to the average full-time wage in Tasmania, which is about $95,000 per year, it's clear that a significant portion of one's income would need to be allocated towards housing expenses in Lindisfarne. The median total household income in the suburb is $1,565 per week, which suggests that while the area is not the most expensive in the state, it still requires careful financial planning to maintain a comfortable lifestyle.

    Overall, if you are thinking of living in Lindisfarne, it's important to weigh the housing costs against your income. While the suburb offers a pleasant lifestyle with its scenic views and community feel, the cost of living, particularly in terms of housing, is a key factor to consider.

    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 Lindisfarne a good place to invest?

    Lindisfarne is shaping up to be a promising suburb for investment, particularly for those interested in units. Over the past year, the median unit value has increased by an impressive 8.8%, indicating strong demand and potential for capital growth. This is complemented by a 10.4% rise in rent for units, suggesting a robust rental market that could provide reliable income for investors.

    While the change in median house value has been more modest at 1.3%, the rental market for houses has seen a significant 8.3% increase. This indicates that while capital growth for houses may be slower, there is still a healthy demand for rental properties, making it a viable option for those seeking steady rental returns.

    Overall, Lindisfarne offers a balanced investment opportunity with its strong rental market and potential for capital growth, especially in the unit sector. Its appeal lies in the combination of rising property values and rental demand, making it an attractive choice for investors looking to tap into a growing market.

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Choose the right real estate agents in Lindisfarne

In Lindisfarne ,66 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 28.5% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.63% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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