Fern Tree

POSTAL CODE: TAS, 7054
HOUSE

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

This number can mean, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in FERN TREE.

FERN TREE, 7054 ranks 163rd in TAS in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 130th on the list of best yielding suburbs for rental properties in TAS, posting a N/A return.

Surburb overview

Fern Tree is a picturesque suburb located approximately 9 kilometres southwest of Hobart, Tasmania. Nestled at the base of Mount Wellington, Fern Tree offers a tranquil, natural setting while still being conveniently close to the amenities of the city. The suburb is renowned for its lush greenery, cool climate, and beautiful scenery, making it a desirable location for those who appreciate nature and outdoor activities.

The population of Fern Tree is around 700 residents, according to the latest census data. The demographic profile includes a mix of families, professionals, and retirees, contributing to a diverse and vibrant community. The suburb's serene environment and proximity to nature attract residents who value a peaceful lifestyle away from the hustle and bustle of urban areas.

Fern Tree falls under the jurisdiction of the Hobart City Council. Public transportation is available, with regular bus services connecting the suburb to Hobart's CBD and other nearby areas. However, many residents rely on personal vehicles due to the suburb's semi-rural nature and the convenience of private transportation.

The suburb is known for its recreational facilities and outdoor attractions. The Fern Tree Park, a popular spot for picnics and family outings, features playgrounds, picnic tables, and BBQ facilities. Additionally, the suburb is a gateway to several walking and hiking trails on Mount Wellington, including the renowned Pipeline Track and the Zig Zag Track, which offer breathtaking views and a chance to explore the natural beauty of the area.

Educational facilities in Fern Tree are limited, with the closest primary and secondary schools located in nearby suburbs such as South Hobart and Mount Nelson. For shopping and everyday essentials, residents typically travel to Hobart's CBD or neighbouring suburbs like Sandy Bay and Kingston, which offer a range of retail stores, supermarkets, and dining options.

The community spirit in Fern Tree is strong, with various local events and activities organised throughout the year. These events provide residents with opportunities to engage and socialise, fostering a sense of belonging and community cohesion. The Fern Tree Community Centre is a focal point for local gatherings, meetings, and events, further enhancing the suburb's close-knit community atmosphere.

Fern Tree's combination of natural beauty, tranquil environment, and proximity to Hobart makes it a desirable location for a wide range of residents. Its scenic landscapes, coupled with the availability of recreational facilities and easy access to the city's amenities, contribute to its appeal as a prime residential suburb. The suburb's vibrant community spirit and picturesque setting further enhance its charm and desirability.

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