Cradle Coast Region
Housing prices
At June 2016, the median house valuation in King Island Council area was $58,520 lower compared to Tasmania.
This indicator shows the value of houses and units in the Cradle Coast Region and wider region during the period 2011-2016. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.
| Median housing value | ||||||
|---|---|---|---|---|---|---|
| Houses | Units | |||||
| Year (at June) | King Island Council area | Greater Hobart | Tasmania | King Island Council area | Greater Hobart | Tasmania |
| 2017 | $229,811 | $403,443 | $314,014 | $360,015 | $300,437 | $255,066 |
| 2016 | $220,490 | $370,101 | $295,998 | $302,539 | $279,434 | $241,363 |
| 2015 | $194,222 | $354,159 | $287,704 | $623,432 | $254,268 | $227,981 |
| 2014 | $232,996 | $347,446 | $291,516 | -- | $258,529 | $231,719 |
| 2013 | $206,768 | $327,506 | $276,463 | -- | $243,745 | $220,481 |
| 2012 | $205,553 | $349,395 | $288,809 | -- | $259,908 | $234,193 |
| 2011 | $189,090 | $362,762 | $299,344 | -- | $275,022 | $236,024 |
Source: Hometrack (opens a new window) 2011-2016, Housing Valuation System.