Gravelly Beach

POSTAL CODE: TAS, 7276
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 0% 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 $550,000

The augmented property values in the suburb are trailing above 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 N/A.

Home owners selling their properties and realtors in GRAVELLY BEACH usually have to wait an average of N/A days before their assets are lifted off the market.

The TAS suburb ranks 176th on the list of best yielding suburbs for rental properties in TAS, posting a N/A return.

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

Surburb overview

Gravelly Beach is a picturesque riverside suburb located approximately 24 kilometres northwest of Launceston, Tasmania. Nestled along the western bank of the Tamar River, Gravelly Beach is known for its serene environment, stunning water views, and close-knit community atmosphere.

The population of Gravelly Beach is around 600 residents, according to the latest census data. The suburb features a diverse demographic mix, including families, professionals, and retirees. The tranquil setting and scenic beauty of the area attract residents who appreciate a peaceful lifestyle away from the hustle and bustle of urban centres.

Gravelly Beach falls under the jurisdiction of the West Tamar Council. Public transportation options are available, with regular bus services connecting the suburb to Launceston and other nearby areas. However, many residents rely on personal vehicles for commuting and travel, given the suburb's semi-rural nature.

The suburb is well-served by various nearby establishments and amenities. While Gravelly Beach itself has limited commercial facilities, the nearby towns of Legana and Exeter provide a range of services, including supermarkets, retail stores, cafes, and restaurants. For educational needs, residents can access schools in these neighbouring towns, such as Legana Primary School and Exeter High School.

Gravelly Beach is renowned for its natural beauty and outdoor recreational opportunities. The suburb's location along the Tamar River makes it ideal for activities such as boating, fishing, and kayaking. The Gravelly Beach Foreshore Park is a popular spot for picnics, family outings, and leisurely walks along the riverbank. The park features playgrounds, BBQ facilities, and scenic walking paths, making it a favourite among families and nature enthusiasts.

The community spirit in Gravelly Beach is strong, with various local events and activities organised throughout the year. These events provide residents with opportunities to engage and socialise, fostering a sense of belonging and community cohesion. The suburb's active local groups and community organisations contribute to a supportive and friendly environment.

Gravelly Beach's combination of riverside tranquillity and proximity to Launceston makes it an attractive location for a wide range of residents. Its scenic landscapes, coupled with the availability of nearby schools and amenities, enhance its appeal as a prime residential suburb. The suburb's vibrant community spirit and natural beauty further contribute to its charm and desirability.

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