Acacia Hills

POSTAL CODE: TAS, 7306
HOUSE

Property investments in ACACIA HILLS did not fare well against the rest of the country last year, registering a median home price decrease of 1.32%.

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

Based on its average 5-year and quarterly capital gains ACACIA HILLS, 7306 saw average growth in the long term.

Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of N/A.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $765,000.

ACACIA HILLS ranks 143rd on the list of best yielding suburbs for rental properties in TAS, posting a N/A return.

Surburb overview

Acacia Hills is a picturesque rural suburb located approximately 15 kilometres south of Devonport, Tasmania. Known for its rolling hills, lush landscapes, and tranquil environment, Acacia Hills offers a serene and idyllic country lifestyle while still being within easy reach of urban amenities.

The population of Acacia Hills is around 600 residents, according to the most recent census data. The suburb features a diverse demographic mix, including families, professionals, and retirees. This variety contributes to a vibrant and close-knit community atmosphere, where residents enjoy a peaceful pace of life and strong connections with their neighbours.

Acacia Hills falls under the jurisdiction of the Latrobe Council. Public transportation options are limited, and most residents rely on personal vehicles for commuting and travel. The suburb’s rural setting means that essential services and amenities are often found in nearby towns such as Latrobe and Devonport.

In terms of education, there are no schools within Acacia Hills itself, but several educational institutions are located in the surrounding areas. Latrobe Primary School, Latrobe High School, and Don College in Devonport are the closest options, providing quality education for children and teenagers. For shopping and everyday needs, residents typically travel to Latrobe or Devonport, which offer a variety of retail stores, supermarkets, cafes, and restaurants.

Acacia Hills is known for its natural beauty and outdoor recreational opportunities. The rural landscape is ideal for activities such as hiking, cycling, and horseback riding. The nearby Mersey River and surrounding nature reserves provide additional options for fishing, kayaking, and exploring the region’s unique flora and fauna.

The community spirit in Acacia Hills is strong, with various local events and gatherings organised throughout the year. These events provide opportunities for residents to socialise and build a sense of community. The rural setting and slower pace of life are appealing to those seeking a quieter, more relaxed lifestyle.

Acacia Hills’ combination of rural tranquillity and proximity to Latrobe and Devonport makes it an attractive location for a wide range of residents. Its scenic landscapes, coupled with the availability of quality schools and nearby amenities, contribute to its appeal as a desirable residential suburb. The suburb’s strong community spirit and natural beauty further enhance its charm and desirability.

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