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Upper Burnie suburb profile

Upper Burnie is a charming suburb located in the north-west region of Tasmania, offering a peaceful residential environment with a strong sense of community. Situated just a short drive from the Burnie city centre, it provides residents with convenient access to urban amenities while maintaining a tranquil suburban atmosphere. The area is characterized by its leafy streets, well-maintained homes, and local parks, making it an attractive option for families and retirees. Upper Burnie is also known for its friendly local shops and cafes, contributing to its welcoming and laid-back lifestyle. Its proximity to the coast and natural attractions adds to its appeal for those seeking a balanced lifestyle.

Upper Burnie property market performance

Upper Burnie's property market has shown positive growth in the past 12 months, with house values increasing by 6.2%, bringing the median house price to $493,500. The unit market remains stagnant, with no change in median value and minimal sales activity, reflecting limited demand or supply in this segment.

Sales activity for houses has been modest, with 11 houses sold over the last 12 months. Houses are selling relatively quickly, with a median of 30 days on the market, indicating a healthy demand for houses in the area.

The rental market for houses in Upper Burnie has seen a notable increase, with average rent rising by 8.4% over the last 12 months to $450. The unit rental market remains inactive, with no recorded changes or activity.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
6.4%N/A
Sold
Past 3 months
72
Median days on market
Past 12 months
31N/A
Average rent
Past 12 months
$450N/A
Change in rent
Past 12 months
7.1%N/A

5 year median price trend for houses and units

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Upper Burnie demographics

Upper Burnie, located in Tasmania, is a suburb that offers a blend of suburban tranquility and community spirit. With a population of 1,891, it is a small yet vibrant community where residents enjoy a slower pace of life compared to larger urban centers. The median age of 42 suggests a mature population, with many families and long-term residents who appreciate the suburb's peaceful environment and close-knit community feel.

The suburb's housing landscape is diverse, with a significant portion of properties owned outright (33.7%) and a substantial number owned with a mortgage (25.6%). This indicates a stable community with a mix of established homeowners and newer families entering the market. Renting is also a popular option, with 40.7% of properties being rented, providing flexibility for those who prefer not to commit to home ownership.

Family life is a cornerstone of Upper Burnie, with couple families with children making up 33.9% of the population and couple families without children accounting for 42.4%. One-parent families also form a notable part of the community at 21.2%. This diverse family structure contributes to a supportive and inclusive environment, where community events and local amenities cater to a wide range of residents. The suburb's median total household income of $912 per week reflects its affordability, making it an attractive option for families and retirees seeking a comfortable lifestyle without the high costs associated with larger cities.

Suburbs near Upper Burnie

Some popular suburbs near Upper Burnie include:

How does Upper Burnie compare to nearby suburbs?

  • Median house prices: Upper Burnie’s median house price is 3.2% lower than Acton’s.
  • House price growth: Property prices in nearby Romaine have risen 5.4% more than in Upper Burnie over the past year.
  • Selling speed for houses: Properties in Upper Burnie are selling 16.2% faster than in Hillcrest.

Choose the right real estate agents in Upper Burnie

Currently, there are 19 real estate agents working in Upper Burnie—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 19 agents sold 57.4% of all properties in Upper Burnie 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 Upper Burnie typically charge a commission of 2.63% 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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