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Shearwater

POSTAL CODE: TAS, 7307
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Based on its average 5-year and quarterly capital gains SHEARWATER, 7307 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SHEARWATER, 7307 obtained a 8.73% growth over a ten-year period. It ranks 677th on our list of suburbs that property investors should look into.

SHEARWATER, 7307 in TAS belongs to the local government area of Latrobe (Tas.).

SHEARWATER, 7307 has a capital gain of -0.23% for the past year, which is lower than average compared to its 58.99% growth within a five-year period.

With the median home price in SHEARWATER sitting at $747,250, and the average rent at $560, property owners could potentially earn a 3.9% increase in gross rental yield.

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

Surburb overview

Shearwater, a picturesque coastal suburb situated approximately 21 kilometres east of Devonport in Tasmania, is known for its stunning beaches, vibrant community, and appealing lifestyle. This suburb, located on the north coast, is part of the municipality of the Latrobe Council and offers a mix of natural beauty and modern amenities.

Shearwater has a population of around 1,600 residents. The demographic profile includes families, retirees, and professionals who are drawn to the area for its relaxed coastal atmosphere and strong community spirit. The suburb's small population fosters a close-knit environment where community events and local activities are well-supported.

Public transportation in Shearwater includes bus services that connect the suburb to Devonport and other nearby areas. While many residents rely on private vehicles for commuting, the available public transport options ensure convenient access to essential services and amenities in the region.

Shearwater is home to several key establishments that cater to the needs of its residents. The area boasts a variety of shops, cafes, and restaurants, providing a range of dining and retail options. The Shearwater Village Shopping Centre serves as a central hub for local shopping needs, offering supermarkets, specialty stores, and essential services.

For education, families in Shearwater have access to several nearby schools, including Port Sorell Primary School and Latrobe High School, which cater to students from kindergarten through to secondary education. The proximity of these educational institutions makes Shearwater an attractive suburb for families with school-aged children.

Recreational activities are abundant in Shearwater, with a strong emphasis on outdoor and water-based pursuits. The suburb is famous for its beautiful beaches, such as Freers Beach and Hawley Beach, which are ideal for swimming, surfing, and sunbathing. The Shearwater Foreshore is a popular spot for picnics, walking, and enjoying the coastal scenery.

The nearby Rubicon Estuary offers excellent opportunities for boating, fishing, and birdwatching, attracting both locals and tourists. The Shearwater Country Club provides a well-maintained golf course and various sporting facilities, adding to the suburb's recreational appeal.

Shearwater's combination of coastal beauty, community spirit, and modern amenities makes it a desirable location for a wide range of residents. Its proximity to Devonport, comprehensive local services, and abundance of recreational opportunities offer a balanced and fulfilling lifestyle. The suburb's relaxed atmosphere, coupled with its supportive local infrastructure, provides residents with a unique living experience on Tasmania's beautiful north coast.

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