Fast 50 Report 2026 Banner

Midway Point

POSTAL CODE: TAS, 7171
HOUSE
UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 1.96% 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 $625,000

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 $590.

Home owners selling their properties and realtors in MIDWAY POINT usually have to wait an average of 50.8 days days before their assets are lifted off the market.

The TAS suburb ranks 26th on the list of best yielding suburbs for rental properties in TAS, posting a 4.91% return.

It also places places 107th in Australia based on median property value growth during the quarter.

Surburb overview

Midway Point, with the postcode 7171, is a picturesque suburb located approximately 21 kilometres east of Hobart’s central business district in Tasmania. Nestled on a peninsula that juts into Orielton Lagoon, Midway Point is known for its stunning waterfront views, tranquil environment, and convenient access to urban amenities. The population of Midway Point is around 2,500 residents, comprising a diverse mix of families, professionals, and retirees who appreciate the suburb’s serene setting and community-oriented atmosphere.

Midway Point falls under the jurisdiction of the Sorell Council, which ensures well-maintained infrastructure and community services. Public transportation is available, with bus services connecting Midway Point to Hobart and surrounding areas, making commuting convenient for residents. The suburb is also easily accessible by car via the Tasman Highway, facilitating straightforward travel to Hobart, Sorell, and other nearby towns.

Educational facilities near Midway Point include Sorell School, which caters to students from kindergarten through to Year 12. For secondary education, students also have access to schools in Hobart such as Rosny College and Bayview Secondary College. The region offers various early childhood education centres, ensuring comprehensive educational opportunities for families. For higher education, residents have access to the University of Tasmania and various vocational training centres in Hobart.

For shopping and essential services, Midway Point residents often visit the nearby Sorell Shopping Centre, which offers a variety of retail stores, supermarkets, cafes, and dining options. This centre, along with local shops and eateries in Midway Point, ensures residents have convenient access to everyday needs. For more extensive shopping and services, residents often travel to Hobart.

Midway Point is rich in recreational activities, with numerous parks, reserves, and green spaces enhancing the suburb’s appeal. The nearby Penna Beach and Orielton Lagoon are popular local spots for walking, birdwatching, and enjoying the natural beauty of the area. The Sorell Rivulet Linear Park provides further opportunities for outdoor activities such as walking, cycling, and picnicking.

Healthcare services in Midway Point 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.

Residents of Midway Point 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 Tasman Peninsula and the Coal River Valley.

You’re out of free articles for this month
Loading form...