Lindisfarne

POSTAL CODE: TAS, 7015
HOUSE
UNIT

Property investments in LINDISFARNE did not fare well against the rest of the country last year, registering a median home price decrease of -1.67%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains LINDISFARNE, 7015 saw average growth in the long term.

Real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 51 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $765,000.

LINDISFARNE ranks 74th on the list of best yielding suburbs for rental properties in TAS, posting a 4.08% return.

Surburb overview

Lindisfarne, with the postcode 7015, is a picturesque suburb located approximately 6 kilometres northeast of Hobart’s central business district in Tasmania. Nestled along the eastern shore of the River Derwent, Lindisfarne is known for its scenic waterfront, family-friendly environment, and convenient access to urban amenities. The population of Lindisfarne is around 6,000 residents, comprising a diverse mix of families, professionals, and retirees.

Lindisfarne falls under the jurisdiction of the City of Clarence, which ensures well-maintained infrastructure and community services. Public transportation is well-served by Metro Tasmania buses, providing regular services to Hobart’s CBD and surrounding suburbs, and is also easily accessible by car via the Tasman Highway and East Derwent Highway.

Educational facilities in Lindisfarne include Lindisfarne Primary School and Lindisfarne North Primary School, catering to the educational needs of young children. For secondary education, students typically attend nearby schools such as Rose Bay High School and Clarence High School. For higher education, residents have access to the University of Tasmania and various vocational training centres in Hobart.

The Lindisfarne Village Shopping Centre serves as a focal point for retail and community services, featuring a range of stores that cater to everyday needs. For more extensive shopping and services, residents often visit the nearby Eastlands Shopping Centre in Rosny Park.

The Lindisfarne Bay is a popular local spot featuring walking trails, playgrounds, and picnic areas, making it ideal for family outings and outdoor activities. The nearby Geilston Bay offers further opportunities for boating, kayaking, and enjoying the scenic waterfront.

The suburb’s location along the River Derwent provides excellent opportunities for water-based activities such as sailing, fishing, and rowing. The Lindisfarne Sailing Club is a hub for boating enthusiasts, offering facilities and events for members and visitors.

Residents of Lindisfarne benefit from its proximity to Hobart, allowing easy access to the city’s cultural and recreational attractions, including the Royal Tasmanian Botanical Gardens, the Tasmanian Museum and Art Gallery, and the bustling Salamanca Market. The suburb's strategic location also makes it a convenient base for exploring the natural beauty of the surrounding region, including Mount Wellington and the Tasman Peninsula.

Healthcare services in Lindisfarne are well-developed, with several medical clinics and specialists available within the suburb and nearby areas. The suburb’s proximity to the Royal Hobart Hospital ensures residents have access to comprehensive medical care.

Lindisfarne combines the tranquillity of suburban living with the convenience of nearby urban amenities, making it an attractive suburb for a diverse range of residents.

 

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