Property CityHUONVILLE

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Huonville, located in the heart of the Huon Valley, is known for its apple orchards and vibrant local produce markets. This suburb offers a genuine country lifestyle, with modern conveniences within easy reach. It’s perfect for those looking for space and a slower pace of life, with plenty of outdoor activities available. Nest Property can help you find your rural retreat in Huonville.

Huonville property market

Huonville, the commercial and residential hub of the scenic Huon Valley, continues to offer a diverse and evolving property market. As of last month, there were 11 properties available for rent and 48 properties listed for sale, indicating a moderate level of market activity in this charming riverside town.

Over the past year, property prices in Huonville have remained relatively affordable compared to Hobart’s metropolitan suburbs. The median price for houses currently sits at $605,000, making it an appealing choice for families and those seeking a more relaxed, country-style lifestyle. Units, on the other hand, have maintained a lower median price of $446,900, offering an accessible entry point for first-home buyers, downsizers, and investors looking for budget-friendly options.

For those considering an investment property, Huonville presents promising rental returns. Houses in the suburb currently rent for an average of $500 per week, generating an annual rental yield of approximately 4.0%. Units, meanwhile, offer a stronger yield of 5.3%, with an average weekly rent of $400. These figures suggest that while houses provide steady returns, units may be the more lucrative option for investors focused on maximizing rental income.

Looking at long-term market trends, Huonville has experienced contrasting growth patterns across different property types. House prices have declined slightly over the past year, with an annual compound growth rate of -4.0%, potentially creating opportunities for buyers to secure properties at a lower price. Conversely, unit prices have seen positive growth, recording an annual compound growth rate of 4.4%, indicating increasing demand for smaller, lower-maintenance properties in the area.

Overall, Huonville remains an attractive option for buyers and investors alike, offering a blend of affordability, rental yield potential, and a laid-back lifestyle that continues to draw interest from those looking to escape the city while still enjoying convenient amenities.

Market trends

View median property prices in Huonville to get a better understanding of local market trends.

Bedrooms Type Median Price Avg Days on Market Clearance Rate Sold this Year
2 House 9
3 House $563k 122 days 36
4 House 6
5 House 1
2 Unit 5
3 Unit 2

* Data based on sales within the last 12 months

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