Banksia Rise

Shearwater TAS 7307

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.

Shearwater has 1,406 properties. Over the last 5 years, Houses in Shearwater have seen a 71.79% increase in median value, while Units have seen a 82.18% increase. As at 31 October 2024:

• The median value for Houses in Shearwater is $685,853 while the median value for Units is $496,691.
• Houses have a median rent of $490 while Units have a median rent of $390.