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Hillwood

POSTAL CODE: TAS, 7252
HOUSE

A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 14.68% growth over a ten-year period. It ranks 3759th on our list of suburbs that property investors should look into.

HILLWOOD, 7252 has a capital gain of 0% for the past year, which is lower than average compared to its 51.92% growth within a five-year period.

With the median home price in HILLWOOD sitting at $790,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

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

HILLWOOD, 7252 in TAS belongs to the local government area of George Town.

Surburb overview

Hillwood is a picturesque rural locality situated on the eastern side of the Tamar River in northern Tasmania, approximately 25 kilometres north of Launceston. Known for its fertile farmlands, orchards, and stunning river views, Hillwood offers a peaceful and serene environment that is ideal for those seeking a rural lifestyle with the convenience of being close to a major city. The area is well-known for its agricultural activities, particularly berry farming and vineyards, making it a key contributor to the region's produce.

The population of Hillwood is around 500 residents, according to the most recent census data. The community is composed of a diverse demographic mix, including farming families, professionals, and retirees who appreciate the area's natural beauty, rural charm, and tranquil atmosphere. The small population fosters a close-knit community where residents often know one another, creating a supportive and welcoming environment.

Hillwood falls under the jurisdiction of the George Town Council. Public transportation options are limited, so most residents rely on personal vehicles for commuting and travel. The locality’s proximity to Launceston provides easy access to essential services and amenities, including retail stores, supermarkets, healthcare facilities, and schools. The commute to Launceston is straightforward via the East Tamar Highway, making it convenient for those who work or study in the city.

Hillwood does not have its own schools, but there are educational institutions nearby. The nearest options include schools in Launceston, such as Riverside Primary School, Riverside High School, and Launceston Church Grammar School. For higher education, residents often travel to Launceston, which offers a variety of schools, colleges, and the University of Tasmania.

Hillwood is renowned for its agricultural activities, particularly its berry farms and vineyards. The area is home to several popular farm gates where visitors can pick their own berries or purchase fresh produce directly from the farm. These farms, along with the vineyards in the area, contribute to the local economy and are popular attractions for both locals and tourists.

Outdoor recreational opportunities abound in and around Hillwood. The Tamar River provides excellent opportunities for boating, fishing, and kayaking, offering scenic views and a peaceful setting. The surrounding countryside is ideal for activities such as hiking, cycling, and exploring the local flora and fauna. The region's natural beauty, combined with its agricultural landscape, makes Hillwood an appealing location for those who enjoy outdoor activities and a connection to nature.

Hillwood's combination of rural tranquillity, agricultural heritage, and proximity to Launceston makes it an attractive location for a wide range of residents. Its scenic landscapes, coupled with the availability of quality schools and nearby amenities, enhance its appeal as a desirable residential area.

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