Gagebrook

POSTAL CODE: TAS, 7030
HOUSE

Property investments in GAGEBROOK fare well against the rest of the country last year, registering a median home price increase of 20.11%.

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

Based on its average 5-year and quarterly capital gains GAGEBROOK, 7030 saw average growth in the long term.

Real estate investors could earn a rental income of $470 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 N/A.

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 $457,000.

GAGEBROOK ranks 7th on the list of best yielding suburbs for rental properties in TAS, posting a 5.35% return.

Surburb overview

Gagebrook is a suburb located approximately 20 kilometres north of Hobart, Tasmania. Positioned on the eastern shore of the Derwent River, Gagebrook offers a suburban environment with convenient access to the amenities of Tasmania's capital city.

The population of Gagebrook is around 3,000 residents, according to the latest census data. The suburb features a diverse demographic mix, with a significant portion of the population being young families. This contributes to a vibrant and community-oriented atmosphere, where residents are actively engaged in local activities and initiatives.

Gagebrook falls under the jurisdiction of Brighton Council. Public transportation is well-developed, with regular bus services connecting the suburb to Hobart's CBD and other nearby areas. This accessibility is beneficial for those who commute to the city for work or leisure.

In terms of nearby establishments, Gagebrook is well-served by various amenities. Educational facilities include Gagebrook Primary School, which caters to the local community's educational needs. For secondary education, students often attend nearby schools in the Bridgewater area, such as Bridgewater High School. For shopping and everyday essentials, residents have access to the Brighton Hub and Bridgewater Marketplace, which offer a range of retail stores, supermarkets, and dining options.

Gagebrook is known for its parks and recreational facilities, providing residents with ample opportunities for outdoor activities. The Gagebrook Community Centre is a focal point for local events and community programs, fostering a sense of togetherness among residents. Additionally, there are several parks and playgrounds in the area, including the popular Herdsmans Cove Park, which offers scenic views of the Derwent River and facilities for family outings and recreational activities.

The community spirit in Gagebrook is strong, with various local events and activities organised throughout the year. These events provide residents with opportunities to engage with one another and build a sense of community. The suburb has a number of community groups and initiatives aimed at improving the local area and supporting residents.

Gagebrook's blend of suburban living and accessibility to Hobart makes it a desirable location for a wide range of residents. Its proximity to the capital city, combined with the availability of quality schools, shopping centres, and recreational facilities, enhances its appeal as a prime residential suburb. The suburb's strong community spirit and family-friendly environment further contribute to its charm and desirability.

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