Lauderdale

POSTAL CODE: TAS, 7021
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a -11.34% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $770,000

The augmented property values in the suburb are trailing behind the territorial average of 4.47% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $640.

Home owners selling their properties and realtors in LAUDERDALE usually have to wait an average of 44.6 days days before their assets are lifted off the market.

The TAS suburb ranks 61st on the list of best yielding suburbs for rental properties in TAS, posting a 4.32% return.

It also places places 139th in Australia based on median property value growth during the quarter.

Surburb overview

Lauderdale, with the postcode 7021, is a scenic coastal suburb located approximately 20 kilometres southeast of Hobart in Tasmania. Nestled along the eastern shore of the River Derwent, Lauderdale is known for its beautiful beaches, relaxed lifestyle, and strong community spirit. The population is around 2,500 residents, comprising a diverse mix of families, professionals, and retirees who appreciate the suburb’s serene environment and natural beauty.

Lauderdale 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, making commuting convenient for residents. The suburb is also easily accessible by car via the South Arm Highway.

Educational facilities in Lauderdale include Lauderdale Primary School, which serves the local community and provides a strong educational foundation for young children. For secondary education, students typically attend nearby schools such as Rokeby High School and Bayview Secondary College. For higher education, residents have access to institutions in Hobart, such as the University of Tasmania and various vocational training centres.

For shopping and essential services, Lauderdale residents often visit the nearby Shoreline Shopping Centre in Howrah, which offers a variety of retail stores, supermarkets, cafes, and dining options. The Lauderdale shopping precinct also has local shops and eateries, providing additional convenience. For more extensive shopping and services, residents often travel to Hobart.

Lauderdale is renowned for its recreational activities, particularly those that take advantage of its stunning coastal location. Lauderdale Beach is a popular destination, featuring a sandy shoreline, picnic areas, and playgrounds, making it ideal for swimming, sunbathing, and beachside recreation. The nearby Roches Beach offers a more secluded spot for relaxation and coastal walks.

The suburb’s location along the River Derwent allows for various water-based activities such as kayaking, fishing, and sailing. The Lauderdale Canal is a focal point for boating enthusiasts, offering facilities and events for water sports. The nearby Ralphs Bay Conservation Area provides opportunities for birdwatching, hiking, and enjoying the natural beauty of the area.

Residents of Lauderdale 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 the South Arm Peninsula and the Tasman Peninsula.

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