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Orford

POSTAL CODE: TAS, 7190
HOUSE

A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 8.73% growth over a ten-year period. It ranks 699th on our list of suburbs that property investors should look into.

ORFORD, 7190 has a capital gain of -4.85% for the past year, which is lower than average compared to its 43.26% growth within a five-year period.

With the median home price in ORFORD sitting at $637,500, and the average rent at $440, property owners could potentially earn a 3.59% increase in gross rental yield.

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

ORFORD, 7190 in TAS belongs to the local government area of Glamorgan-Spring Bay.

Surburb overview

Orford, with the postcode 7190, is a picturesque coastal town located approximately 75 kilometres northeast of Hobart in Tasmania. Situated at the mouth of the Prosser River, Orford is known for its stunning beaches, serene environment, and rich history. The population of Orford is around 600 residents, comprising a mix of families, retirees, and holidaymakers.

Orford falls under the jurisdiction of the Glamorgan Spring Bay Council, which ensures well-maintained infrastructure and community services. Public transportation options are limited, and private transport is the primary mode of travel for residents. The town is also accessible by car via the Tasman Highway.

Educational facilities in Orford include Orford Primary School, catering to the educational needs of young children. For secondary education, students typically attend schools in nearby towns such as Triabunna District School or travel to Hobart for more options. For higher education, residents have access to institutions in Hobart, such as the University of Tasmania and various vocational training centres.

Orford offers a range of local shops, a supermarket, cafes, and dining options within the town. The main shopping precinct provides residents with convenient access to everyday needs. For more extensive shopping and services, residents often travel to Hobart.

The town is home to numerous beaches, including Raspins Beach, Shelley Beach, and Spring Beach, which are ideal for swimming, sunbathing, and water sports. The nearby Maria Island National Park, accessible by ferry from Triabunna, offers excellent opportunities for hiking, wildlife viewing, and exploring historical sites.

The Prosser River provides excellent opportunities for fishing, kayaking, and boating. The river’s estuary and surrounding wetlands are rich in birdlife, making it a popular spot for birdwatching. The Orford Golf Club offers a scenic nine-hole course for golf enthusiasts.

The town’s historical significance is reflected in its well-preserved heritage buildings and sites, such as the convict-built Paradise Probation Station ruins and the historic Convict Road. These sites offer insights into Tasmania’s colonial past and contribute to Orford’s unique character and appeal.

Outdoor enthusiasts can enjoy various walking and cycling trails in the area, including the Thumbs Lookout, which offers breathtaking views of the surrounding landscape and coastline. The diverse flora and fauna in the region make it a haven for nature lovers and eco-tourism.

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