Jar­rad Be­van finds an is­land par­adise

Mercury (Hobart) - Property - - Front Page - JAR­RAD BE­VAN

WITH about 25 sales in the past 12 months, it is not easy to get a foot in the door of the cov­eted Bruny Is­land prop­erty mar­ket.

Bruny Is­land north­ern town­ships Dennes Point and Great Bay have recorded only five and three home sales in the past 12 months, ac­cord­ing to CoreLogic RP Data fig­ures.

In the south, Ad­ven­ture Bay was the most ac­tive mar­ket, with 10 sales over that pe­riod.

Its me­dian price is $228,625 and home­own­ers av­er­age a hold pe­riod of 8.7 years in this town be­fore sell­ing their prop­erty.

Also in the south, Alon­nah and Lu­nawanna recorded two and five home sales. There were also three land sales at Lu­nawanna over the past 12 months.

Fall Real Es­tate prop­erty con­sul­tant Jude Viney — who owns a shack on this is­land with her hus­band Chris — is a Bruny Is­land ex­pert. Mrs Viney said there was ac­tu­ally more prop­erty choice on the is­land than peo­ple might as­sume. “There are 40 res­i­den­tial prop­er­ties on the mar­ket rang­ing in price from over $1 mil­lion to the low $100,000s — there’s plenty of choice,” she said. “For those look­ing for land, again there is lots of va­ri­ety, from large acreages to house blocks, and a price range from $1.7 mil­lion to $50,000.” Mrs Viney said the nat­u­ral en­vi­ron­ment, scenery, beaches and forests, the boat­ing, walk­ing, surf­ing, kayak­ing and the re­lax­ing style of is­land liv­ing were among the things that ap­peal to peo­ple look­ing to buy on the is­land. She said per­ma­nent res­i­dents and “shack­ies” en­joy the friendly and wel­com­ing lo­cal com­mu­ni­ties, such as Dennes Point.

“Among the very few down­sides are the oc­ca­sional de­lays get­ting on and off the is­land at the busiest times, but hav­ing the sec­ond ferry on the run has made a big dif­fer­ence,” Mrs Viney said.

“It’s prob­a­bly also worth men­tion­ing that some tourists aren’t fa­mil­iar with driv­ing on gravel roads. Lo­cals and vis­i­tors alike need to drive with ex­tra care and pa­tience.”

With a small sample size of sales, it isn’t easy to lock down me­dian prices for Bruny town­ships. How­ever, Mrs Viney said in her ex­pe­ri­ence over the past 12 months there had been a def­i­nite strength­en­ing in the Bruny Is­land mar­ket.

“There has been a no­table in­crease in in­quiries since spring 2016,” she said.

“This sum­mer has been busy, and al­though sales are not nearly as buoy­ant as the boom­ing Ho­bart mar­ket, things are hap­pen­ing.

“For ex­am­ple, realestate.com.au re­ports that there has been a to­tal of eight sales [six houses, two blocks of land] from the be­gin­ning of De­cem­ber to mid-Jan­uary.

“I’m very pleased to say that six of them were sold by Fall, in­clud­ing a su­perla­tive $1.2 mil­lion ru­ral prop­erty.”

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