Question 1

Is Saltwater River a nice place to live?

Accepted Answer

Saltwater River centres on convict-era ruins and the Coal Mines Historic Site, set among rugged coastal bushland, remnant native forest and walking tracks that link heritage sites.

With a population of 131, Saltwater River is an older, low-density locality where many households own their homes outright and couples without children are common. Everyday services and larger visitor facilities are in neighbouring towns, access is by peninsula roads, and the area is frequented for heritage walks, coastal scenery and birdwatching; Saltwater River Road Rehabilitation Phase 2 is under construction to reconstruct the pavement and realign the road to restore two-way traffic.

Question 2

Is it expensive to live in Saltwater River?

Accepted Answer

Saltwater River hasn't had enough recent sales or rentals to put reliable figures on typical house or unit prices or rents, so it's not possible to say how expensive the suburb is compared with local incomes. The only local figure available is the median household income from the most recent Census, and that alone doesn't let us judge housing costs.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Saltwater River a good place to invest?

Accepted Answer

Saltwater River hasn't had enough recent sales to put reliable figures on how its prices or rents have moved, which is common in smaller or quieter markets. Without that information, there isn't a clear picture of how it has performed as an investment.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	TAS
Median age years	55	42
Median household income weekly	$1,125	$1,358
Couples with children share of families	33.3%	36.8%
Couples without children share of families	54.5%	44.5%
One-parent families share of families	12.1%	17.3%
Homes owned outright share of homes	63.8%	38.4%
Homes with a mortgage share of homes	24.1%	34.2%
Homes rented share of homes	12.1%	27.4%

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