Scottsdale

POSTAL CODE: TAS, 7260
HOUSE

Property investors enjoyed capital gains of 22.31% over the last 12 months in SCOTTSDALE, translating to lower returns compared with its peers in TAS.

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

The suburb posted a 25.53% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

On average, rents on listings have reached the $400 mark, reflecting a 4.36% increase in returns based on the current median price in SCOTTSDALE.

SCOTTSDALE, 7260 ranks 9th in TAS in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 55th on the list of best yielding suburbs for rental properties in TAS, posting a 4.36% return.

Surburb overview

Scottsdale, situated approximately 63 kilometres northeast of Launceston, is a charming rural town in Tasmania known for its rich agricultural heritage and scenic landscapes. Its location in the fertile North-East region makes it a significant centre for farming and forestry, contributing to its robust local economy.

The town has a population of around 2,500 residents. The demographic profile includes families, retirees, and professionals, many of whom are involved in the agricultural sector.

Scottsdale falls under the jurisdiction of the Dorset Council local government area. The council is committed to supporting the community by maintaining infrastructure, providing essential services, and promoting local events and activities.

Public transportation in Scottsdale includes bus services that connect the town to Launceston and other nearby areas. While most residents rely on private vehicles for commuting, the available public transport options ensure that those without cars can still access necessary amenities and services.

The town boasts several key establishments that cater to the needs of its residents. Scottsdale High School serves the educational needs of the community, offering comprehensive schooling from kindergarten through to grade 12. The town also has a variety of shops, supermarkets, cafes, and restaurants, ensuring residents have access to all essential goods and services.

Scottsdale is well-equipped with recreational facilities and outdoor activities. The town is home to several parks and reserves, including the popular Northeast Park, which offers picnic areas, walking tracks, and a duck pond. The nearby Mount Stronach provides hiking opportunities with stunning views of the surrounding countryside.

The Scottsdale Golf Club is another notable recreational facility, offering a well-maintained course for golf enthusiasts. The town also hosts various sporting clubs, including football, cricket, and netball, fostering a strong sense of community and encouraging an active lifestyle among residents.

Scottsdale is also known for its agricultural attractions. The annual Scottsdale Show is a significant event that showcases the region's farming produce, livestock, and crafts, attracting visitors from across Tasmania. The Bridestowe Lavender Estate, located just outside of Scottsdale, is another popular attraction, drawing tourists with its beautiful lavender fields and products.

Scottsdale's combination of rural charm, community spirit, and accessibility to essential amenities makes it an attractive place to live. Its rich agricultural heritage, coupled with a variety of recreational opportunities and a supportive local government, provides residents with a balanced and fulfilling lifestyle.

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