Snug

POSTAL CODE: TAS, 7054
HOUSE

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

The suburb 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 $741,000.

The downward trend in home prices in SNUG, 7054 averaged -0.4% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in SNUG.

An average of 2 real estate transactions take place per month in SNUG which translates to 24 per annum.

24 properties were sold in SNUG in 2016, making it the 99th most active market in TAS based on total real estate transactions.

SNUG, 7054 places 106th in Australia based on median property value growth during the quarter.

Surburb overview

Snug, a charming coastal suburb located approximately 30 kilometres south of Hobart, Tasmania, is known for its scenic beauty, relaxed lifestyle, and close-knit community. Nestled along the D'Entrecasteaux Channel, Snug offers residents a picturesque environment with easy access to both natural attractions and urban amenities.

The suburb has a population of around 1,000 residents. The demographic profile includes families, retirees, and individuals who enjoy the peaceful, coastal atmosphere. Snug falls under the jurisdiction of the Kingborough Council local government area. The council is dedicated to maintaining the suburb’s infrastructure and providing essential services, ensuring that residents enjoy a high quality of life.

Public transportation in Snug includes bus services that connect the suburb to Hobart and other neighbouring areas. These services make commuting convenient for residents who work or study in the city.

The Snug Primary School serves the educational needs of young children, providing a supportive learning environment. For secondary education and more specialised services, residents often travel to nearby Kingston or Hobart, which have a wider range of schools and institutions.

The suburb is home to a variety of shops, cafes, and essential services, including a general store and a post office. These establishments cater to the daily needs of residents, ensuring they have access to necessary goods and services without needing to travel far.

The Snug Beach is a popular spot for swimming, fishing, and picnicking, offering beautiful views and a serene environment. The nearby Snug Falls is a picturesque location for bushwalking and enjoying Tasmania’s natural beauty.

The suburb also has several parks and reserves, such as the Coningham Nature Recreation Area, which offers walking trails, birdwatching opportunities, and stunning coastal views. These outdoor spaces provide residents with ample opportunities for leisure and recreation, contributing to a healthy and active lifestyle.

The local sports clubs and facilities support activities such as football, cricket, and tennis, fostering a strong sense of community and encouraging residents to stay active. The Snug Community Hall is a hub for local events, meetings, and social gatherings, enhancing the suburb's vibrant community life.

Snug’s combination of natural beauty, community spirit, and convenient amenities makes it a desirable location for a wide range of residents. Its proximity to Hobart, coupled with the tranquillity of a coastal setting, offers a balanced and fulfilling lifestyle. 

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