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Queenstown

POSTAL CODE: TAS, 7467
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 7.46% 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 $212,500

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 $295.

Home owners selling their properties and realtors in QUEENSTOWN usually have to wait an average of 108 days days before their assets are lifted off the market.

The TAS suburb ranks 2nd on the list of best yielding suburbs for rental properties in TAS, posting a 7.22% return.

It also places places 29th in Australia based on median property value growth during the quarter.

Surburb overview

Queenstown, with the postcode 7467, is a historic mining town located on the west coast of Tasmania, approximately 260 kilometres northwest of Hobart. Known for its rich mining heritage, rugged landscapes, and unique lunar-like scenery, Queenstown offers a distinctive and resilient lifestyle for its residents. The population of Queenstown is around 1,800 residents, comprising a mix of families, professionals, retirees, and those drawn to the area for its historical significance and natural beauty.

Queenstown falls under the jurisdiction of the West Coast Council, which ensures well-maintained infrastructure and community services. Public transportation options are available, with bus services connecting Queenstown to Hobart, Launceston, and other nearby towns, making commuting and travel convenient for residents. The town is also accessible by car via the Lyell Highway.

Educational facilities in Queenstown include the Queenstown Primary School, catering to the educational needs of young children. For secondary education, students typically attend the nearby Mountain Heights School, which provides education from kindergarten through to Year 12. The region also offers various early childhood education centres, ensuring comprehensive educational opportunities for families. For higher education, residents often travel to larger cities such as Hobart or Launceston, where institutions like the University of Tasmania are located.

Queenstown offers a range of local shops, supermarkets, cafes, and dining options within the town. The main shopping precinct provides residents with convenient access to everyday needs. For more extensive shopping and services, residents often travel to larger towns such as Burnie or Hobart.

The town is home to several parks and green spaces, including the Queenstown Recreation Ground, which offers sports facilities and picnic areas. The nearby Lake Burbury provides excellent opportunities for fishing, boating, and water sports. Outdoor enthusiasts can explore the numerous walking and hiking trails in the area, including those in the nearby Franklin-Gordon Wild Rivers National Park and the Cradle Mountain-Lake St Clair National Park.

Queenstown is rich in recreational activities and natural attractions. The town is surrounded by dramatic landscapes, including the famous bare hills that have been shaped by over a century of mining activity. The West Coast Wilderness Railway, a popular tourist attraction, offers scenic train journeys through the rugged wilderness and provides insights into the region’s mining history.

 

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