Daniel ten Broeke
5 Wakehurst Road, Austins Ferry, Tas 7011
Offers Over $595,000
3 1 2
Open Saturday 29 August 11:00 am🏛️ About This Suburb (Last Updated Date: 2026-03-31)
History, Aboriginal heritage, and the story behind the name.
Austins Ferry — Muwinina Country
Originally part of the Roseneath estate, the area served as a vital river crossing point between Hobart and the north. It transitioned from agricultural land to a residential enclave in the mid-20th century, accelerated by the development of the Brooker Highway.
A predominantly residential suburb characterized by a mix of established 1970s brick homes and modern, high-end subdivisions capturing expansive river views.
Overall Score
7.2
A solid performer for families seeking space and views without the inner-city price tag.
Name Origin
Named after James Austin who established a ferry service across the Derwent River in 1816.
Established
Gazetted 1960s
Historic Ferry
Site of the first trans-Derwent ferry service.
Education Hub
Home to the sprawling 30-hectare St Virgil's College campus.
Green Space
Contains the significant Austins Ferry Park and yacht club.
📊 Scorecard
12 key dimensions scored 0–10. Each score includes a one-line explanation.
Market Momentum
6.5
Steady growth following the post-pandemic boom, now stabilizing with moderate inventory.
Amenity
5.5
Limited local retail; residents rely heavily on nearby Claremont or Glenorchy hubs.
Schools
8.0
High score driven by the presence of St Virgil's College and proximity to Claremont College.
Transport
6.0
Good highway access but limited public transport frequency and very low walkability.
Risk Profile
6.5
Generally safe, though specific zones face bushfire and landslip planning constraints.
Liveability
7.5
High appeal for families due to quiet streets, river access, and larger block sizes.
Demographics
7.0
Strong representation of established families and increasing professional couples.
Rental Demand
7.2
Consistently low vacancy rates due to the suburb's popularity with long-term family tenants.
Growth Potential
6.8
Limited remaining greenfield land suggests future gains will be driven by scarcity and renovation.
Affordability
7.4
Offers better value per square metre than Hobart's inner-northern suburbs.
Crime & Safety
7.8
Statistically lower crime rates than the broader Glenorchy LGA average.
Walkability
3.5
Hilly terrain and lack of a central commercial strip make car ownership essential.
⚡ Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$745,000
Estimated March 2026
12m Growth
3.5%
Steady market recovery
Vacancy Rate
1.4%
Tight rental market
River Frontage
2.4km
Derwent River access
CBD Commute
18-25 min
Via Brooker Highway
Family Ratio
72%
High family occupancy
✅ Key Advantages
- Exceptional panoramic views of the Derwent River and Quoin Ridge.
- Home to St Virgil's College, a major drawcard for families with school-aged boys.
- Larger than average block sizes compared to newer Hobart subdivisions.
- Quiet, low-traffic residential environment with minimal industrial noise.
- Strong sense of community and active local yacht and RSL clubs.
⚠️ Key Watch-Outs
- Significant lack of local shopping; no major supermarket within the suburb.
- Steep topography can lead to high site costs for renovations or new builds.
- Public transport is limited to bus routes which can be infrequent off-peak.
- Exposure to southerly winds across the river can be harsh in winter.
- Ongoing maintenance requirements for properties in bushfire-prone overlays.
🏘️ Suburb Overview
Character, property mix, price range and what drives value here.
🏙️ Character
Riverside Family
How this suburb feels day-to-day.
🏠 Property Types
Primarily detached single-family dwellings with a growing number of modern townhouses.
Dominant dwelling stock.
💰 Price Range
$620k – $1.1m
Typical entry to ceiling.
💡 Why It Matters
Austins Ferry represents the 'aspirational' end of the Glenorchy municipality. It provides a lifestyle buffer between the more industrial areas of the northern suburbs and the rural fringe of Granton, making it a primary target for second-home buyers.
💰 Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
🏠 House Median
$745,000
$680k – $1.2m
🏢 Unit Median
$525,000
$480k – $610k
📈 Price Trend
+3.5% past 12 months
12-month movement
🔑 Weekly Rents
Houses $580pw, Units $460pw
Current asking rents
📉 5-Year Price History
🏘️ Property Type Split
The price gap between Austins Ferry and nearby Claremont has widened, reflecting its status as a more premium residential destination within the northern corridor.
🎯 Affordability
How this suburb compares to metro and state medians.
🏙️ vs Metro Average
12% below Greater Hobart median
Price comparison
📋 Income Ratio
7.8x annual income
Median price ÷ median income
💳 Gross Yield
4.1% gross yield
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
While more expensive than its immediate southern neighbors, it remains highly accessible for dual-income professional families compared to Hobart's eastern shore.
🔥 Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
📊 Vacancy Rate
1.4%
Lower = tighter market
⏱️ Days to Lease
19 days
Avg time on market
📈 Rent Growth p.a.
+4.2%
Annual rental increase
Demand Level
High
👤 Tenant Profile
Families seeking school catchment zones and professionals working in the Glenorchy or Hobart CBD.
💼 Investor Outlook
Stable yields and low vacancy make it a safe 'set and forget' investment. Capital growth is likely to track with general Hobart recovery.
🚀 Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+3.5%
1-Year Growth
+11.2% cumulative
3-Year Growth
+34% cumulative
5-Year Growth
📍 Growth Drivers
- Continued demand for the St Virgil's College catchment.
- Limited supply of new land in the northern corridor.
- Gentrification of the broader Glenorchy municipality.
- Lifestyle shift towards larger blocks and home offices.
⛔ Headwinds
- Rising insurance premiums in bushfire-prone areas.
- Sensitivity to interest rate changes among middle-income buyers.
- Competition from newer developments in Old Beach.
🔮 5-Year Outlook
Expect moderate, steady growth outperforming the state average as the suburb's reputation for safety and views continues to attract families from more congested areas.
🛡️ Crime & Safety
Safety index, trend comparison, and what to check locally.
8
Safety Score
Above Average
📉 Trend
Stable
vs last 12 months
🏙️ vs Metro Average
20% below Greater Hobart average crime rate
Relative comparison
Risk Categories
Property Crime: Low
Public Order: Very Low
Traffic Incidents: Medium
📋 What to Check Locally
Standard home security is sufficient; the suburb benefits from a 'neighbourhood watch' culture due to high owner-occupancy.
⚠️ Risk Profile
Natural hazards and planning risks to verify before buying.
📋 Summary
Primary risks are environmental rather than social, centered on the suburb's topography and proximity to bushland.
🌊 Flood Risk
Low risk for most, but properties on the immediate Derwent fringe should check sea-level rise projections.
🔥 Bushfire Risk
High risk for properties on the western side of the Brooker Highway bordering the hills.
🏦 Insurance Impact
Premiums may be elevated for homes in designated Bushfire-Prone Areas.
🗺️ Planning & Zoning
Development controls, overlays, and what's changing locally.
📐 Typical Zoning
General Residential
🔲 Overlays
Bushfire-Prone Area, Landslide Hazard, Waterway and Coastal Protection.
🏗️ Development Hotspots
Infill development of older large lots and the final stages of the Austin's Ferry estate.
Planning constraints are strict regarding vegetation removal and slope stability, which can impact building costs.
🌳 Liveability
Day-to-day experience — transport, amenity, green space, schools and healthcare.
🚌 Transport
Car dependent; Brooker Highway provides a direct but often congested peak-hour link.
🛍️ Amenity & Retail
Quiet and scenic, but requires a 5-10 minute drive for basic groceries.
🌲 Parks & Recreation
Excellent; Austins Ferry Park offers large open spaces, a playground, and river access.
🏫 Schools
Top-tier for the region, particularly for private secondary education.
🏥 Healthcare
Relies on the Glenorchy medical hub and the Royal Hobart Hospital (20 mins).
👥 Demographics
Who lives here — income, age, ownership, and education levels.
A stable, family-centric population with a high proportion of trades and professional workers.
💵 Median Income
$82,400 pa
🏠 Ownership
78% owner-occupied (including with mortgage)
🎂 Age Profile
Median age 39
🎓 Education
High secondary completion rates; increasing tertiary qualification among younger residents.
📊 Age Distribution
The high owner-occupancy rate contributes to well-maintained properties and a stable social fabric.
🏗️ Major Developments
Infrastructure pipeline and what it means for values and liveability.
📋 Overview
Focus is on infrastructure upgrades and minor residential infill rather than large-scale commercial projects.
📈 Positive Impacts
- Upgrades to the Brooker Highway junctions to improve safety.
- Expansion of facilities at St Virgil's College.
- Foreshore track improvements for cyclists and pedestrians.
📉 Negative Impacts
- Increased traffic congestion during school drop-off/pick-up.
- Loss of some 'semi-rural' feel as remaining large lots are subdivided.
🗺️ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
📍Claremont
Position
South
Price
15% cheaper
Lifestyle
More industrial and commercial; higher density.
Best for
First home buyers and budget-conscious families.
📍Granton
Position
North
Price
Similar to 10% higher
Lifestyle
Semi-rural, larger acreage, more isolated.
Best for
Lifestyle seekers wanting space and privacy.
📍Old Beach
Position
East (Across River)
Price
Similar
Lifestyle
Newer housing stock but longer commute to Hobart CBD.
Best for
Buyers wanting modern, low-maintenance homes.
📍Berriedale
Position
South
Price
10% higher
Lifestyle
Closer to MONA and arts precinct; more urban.
Best for
Young professionals and down-sizers.
🔍 Similar Suburbs
Suburbs with a comparable profile — useful if this one is over budget or sold up.
Riverside
TAS
7.5/10
Elevated riverside suburb with premium schools and a family demographic.
Highton
VIC
7.8/10
Hilly terrain, river proximity, and strong educational anchors.
Mount Louisa
QLD
7.0/10
Elevated views and a mix of established and new family housing.
Corlette
NSW
7.4/10
Quiet coastal/riverside feel with high owner-occupancy.
💬 Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
📊 Overall Community Sentiment
Residents value the suburb for its peace, safety, and spectacular views, though they acknowledge the necessity of a car for all errands.
★★★★★
Family Environment
The best place to raise kids in the north; quiet streets and the school is right there.
Safety
Education
★★★★☆
Commuting
The drive to the city is easy enough, but I wish there was a local cafe or small shop within walking distance.
Commute
Amenity
★★★★★
Views and Peace
Watching the sun come up over the Derwent never gets old. It's a very peaceful neighborhood.
Scenery
Quiet
★★★★☆
Rental Stability
I've had the same tenants for five years; families love staying here for the school catchment.
Retention
Yield
★★★☆☆
Topography
The views are great but the hills are a killer for walking the dog, and my driveway is a challenge in the frost.
Terrain
Views
★★★★★
Recreation
The park by the water is fantastic for weekend BBQs and the kids love the playground.
Parks
Community
💡 Tailored Advice
Personalised guidance for every role in this market.
🧑💼 Buyer Strategy
- Prioritize properties on the high side of the street for protected river views.
- Check the specific Bushfire Attack Level (BAL) rating if buying near the western fringe.
- Inquire about any past landslip history or geotechnical reports for sloped allotments.
- Look for 1970s homes with 'good bones' that can be modernized to add significant value.
- Verify the school catchment boundaries as they can be specific for primary schools.
- Consider the impact of the morning sun; east-facing windows are a major asset here.
❓ Questions to Ask the Agent
- Is this property located within a designated Landslide Hazard Overlay?
- What is the current BAL (Bushfire Attack Level) rating for this specific lot?
- Are there any easements related to the steep terrain or drainage?
- Has the property had any recent geotechnical assessments?
- What are the council rates and are there any pending local infrastructure levies?
- How does the morning sun affect the internal temperature in winter?
- Is the view 'protected' or could it be built out by future development?
- What is the history of the retaining walls on the property?
🏷️ Seller Strategy
- Highlight the 'lifestyle' aspect, specifically proximity to St Virgil's College.
- Professional photography capturing the river views is non-negotiable for a premium price.
- Ensure gardens are well-maintained to mitigate bushfire risk perception.
- Address any drainage issues on sloped blocks before listing.
- Position the property as a quiet alternative to the busier southern suburbs.
📣 Positioning Tips
Market the property as a 'sanctuary' that combines natural beauty with educational convenience. Focus on the view and the safety of the cul-de-sac locations.
💼 Investment Case
High-yield potential for well-presented family homes due to the lack of rental stock.
⚠️ Investment Risks
Higher maintenance costs on sloped land and potential for slower capital growth if the Hobart market cools.
📈 Action Plan
- Target 3-4 bedroom houses with at least two bathrooms.
- Ensure the property has a secure garage or carport.
- Focus on properties within walking distance of bus stops.
- Maintain a low-maintenance garden to appeal to busy professional tenants.
🔑 Renter Tips
- Be prepared for steep driveways; check your car's clearance.
- Factor in higher heating costs for older homes with large windows.
- Apply quickly as family homes in this suburb lease faster than the Hobart average.
🏘️ What Renters Love Here
Quiet environment, great parks, and a safe feel.
⚠️ Renter Watch-Outs
Lack of shops and limited late-night public transport.
🏢 Landlord Strategy
- Install efficient heat pumps to meet Tasmanian rental standards and attract quality tenants.
- Regularly clear gutters and maintain vegetation for bushfire compliance.
- Consider long-term leases to capitalize on the stable family demographic.
📋 Compliance & Management
Ensure full compliance with the Residential Tenancy Act 1997, particularly regarding smoke alarms and heating.
🤝 Agent Insights
- The market is currently driven by local upgrades rather than interstate migration.
- Properties with 'level access' command a significant premium over steep blocks.
- The St Virgil's connection is the single biggest selling point for families.
🎯 Marketing Angles
Focus on 'The View', 'The School', and 'The Space'.
👤 Target Buyer Profile
Local families upgrading from Claremont or Glenorchy and professionals seeking a quiet retreat.
✅ Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
✓
Check the Tasmanian Planning Scheme - Glenorchy for specific overlays.
✓
Review the Landslide Hazard mapping on the List (thelist.tas.gov.au).
✓
Obtain a building inspection focused on structural integrity of retaining walls.
✓
Verify bushfire management plan requirements with the Tasmania Fire Service.
✓
Check for any planned roadworks on the Brooker Highway.
✓
Confirm school catchment zones for both primary and secondary levels.
✓
Inspect the property during a heavy rain event to check drainage.
✓
Review the title for any restrictive covenants regarding building height.
✓
Assess the condition of the sewer and stormwater pipes (common issues on slopes).
✓
Evaluate the cost of home insurance given the bushfire/landslip risks.
✓
Check NBN availability and connection type (FTTP vs FTTN).
✓
Verify the boundary lines against the title plan.
📚 Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
⚠️ Important Disclaimer
This report is based on data available as of March 31, 2026. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent investigations and consult with qualified professionals before making any property purchase.
