2. TAS
  3. Latrobe

Houses Units

Here you can find what you need to know about Shearwater, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$690K Median Sale Price (National Average $485k) 59th In TAS
3.37% Median Sale Price Change (1yr) (National Average 4.30%) 38th In TAS
$468pw Median Rent (National Average $395) 69th In TAS
3.5% Median Gross Yield (National Average 4.24%) 96th In TAS
Properties sold 37
Average discounting -3.94%
Average Days on Market 118
Stock on Market 34 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Shearwater, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Shearwater, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Shearwater, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Shearwater


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Shearwater, TAS 7307

Part of: Latrobe Council No data available

The size of Shearwater is approximately 3.6 square kilometres. It has 8 parks covering nearly 30.5% of total area. The population of Shearwater in 2011 was 1,481 people. By 2016 the population was 1,743 showing a population growth of 17.7% in the area during that time. The predominant age group in Shearwater is 60-69 years. Households in Shearwater are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shearwater work in a professional occupation. In 2011, 70.9% of the homes in Shearwater were owner-occupied compared with 68.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Shearwater

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Shearwater   for Houses in last 12 months


There have been 37 Houses sold in Shearwater in the past 12 months with a median sale price of $690K, up 3.4% annually. It takes on average 92 days to sell with vendor discounting of -3.9%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Sheffield TAS, 7306 -7.95% $457,500 Unavailable Unavailable View Suburb Profile
Kooyong VIC, 3144 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Hawley Beach TAS, 7307 -1.16% $850,000 Unavailable Unavailable View Suburb Profile
Port Sorell TAS, 7307 -11.11% $600,000 Unavailable Unavailable View Suburb Profile
Devonport TAS, 7310 2.45% $470,000 $420pw 4.7% View Suburb Profile
Nelligen NSW, 2536 -0.62% $800,000 Unavailable Unavailable View Suburb Profile

Currency

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