Osterley, a quaint rural locality in Tasmania, offers a unique blend of natural beauty and community-oriented living. Nestled amongst rolling hills and lush landscapes, Osterley is ideal for those seeking a tranquil lifestyle without sacrificing access to urban amenities. This article delves into the best residential areas in Osterley, showcasing their distinct characteristics, housing options, and average prices.
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Osterley Main Street

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Osterley Main Street serves as the vibrant heart of the locality, featuring a mix of shops, cafes, and community services. It’s perfect for those who enjoy being part of a lively neighbourhood atmosphere.
Characteristics of the Osterley Main Street
* Culture: Local art and handmade markets, community events
* Transportation: Well connected by local roads, limited public transport
* Services: Grocery store, post office, cafes, and local shops
* Environment: Friendly and community-focused
Housing Options in the Osterley Main Street
Single-family homes, Townhouses
Average Home Prices in the Osterley Main Street
* Buying: $350,000 – $450,000
* Renting: $1,200 – $1,800/month
Osterley Heights

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Perched on elevated terrain, Osterley Heights offers breathtaking views and is sought after for its spacious homes and serene environment. Ideal for families and retirees alike, it’s a peaceful retreat.
Characteristics of the Osterley Heights
* Culture: Close-knit community with regular neighbourhood gatherings
* Transportation: Car essential, minimal public transport
* Services: Local parks, playgrounds, and recreational facilities
* Environment: Tranquil and family-friendly
Housing Options in the Osterley Heights
Larger family homes, Modern builds
Average Home Prices in the Osterley Heights
* Buying: $400,000 – $550,000
* Renting: $1,400 – $2,000/month
Osterley Park

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Osterley Park is known for its stunning natural surroundings and expansive green spaces. This area appeals to nature lovers and those looking for outdoor recreational opportunities.
Characteristics of the Osterley Park
* Culture: Focus on nature conservation and outdoor activities
* Transportation: Limited public transport, best accessed by car
* Services: Near hiking trails, picnic areas, and scenic views
* Environment: Natural and peaceful
Housing Options in the Osterley Park
Country homes, Eco-friendly houses
Average Home Prices in the Osterley Park
* Buying: $380,000 – $520,000
* Renting: $1,300 – $1,900/month
Osterley Creekside

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Situated near the creek, this suburb boasts serene water views and offers a relaxed lifestyle. It is perfect for those who appreciate tranquillity and a sense of community.
Characteristics of the Osterley Creekside
* Culture: Artisanal markets, creekside events
* Transportation: Car recommended for convenience
* Services: Community centre, local artisan shops
* Environment: Charming and community-oriented
Housing Options in the Osterley Creekside
Units, Duplexes, and Flats
Average Home Prices in the Osterley Creekside
* Buying: $300,000 – $450,000
* Renting: $1,000 – $1,600/month
Osterley Hillview

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Osterley Hillview is a peaceful suburb featuring modern homes with beautiful views of the surrounding countryside. It’s ideal for families and anyone looking for space and comfort.
Characteristics of the Osterley Hillview
* Culture: Modern living with family-focused amenities
* Transportation: Car is essential, with roads connecting to major highways
* Services: Schools, grocery stores, and healthcare facilities nearby
* Environment: Safe and family-friendly
Housing Options in the Osterley Hillview
Single-family homes, Townhouses
Average Home Prices in the Osterley Hillview
* Buying: $420,000 – $600,000
* Renting: $1,500 – $2,200/month
Osterley Rural Retreat

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This rural area offers a true escape into nature, with larger plots of land and agricultural properties. Ideal for those wanting to live in harmony with the land.
Characteristics of the Osterley Rural Retreat
* Culture: Agriculture and eco-awareness
* Transportation: Car required, limited connections to public transport
* Services: Local farmer markets and independent stores
* Environment: Rural and tranquil
Housing Options in the Osterley Rural Retreat
Farmhouses, Grazing land properties
Average Home Prices in the Osterley Rural Retreat
* Buying: $300,000 – $500,000
* Renting: $900 – $1,400/month
Frequently Asked Questions About the Best Residential Areas in Osterley:
The best residential areas in Osterley include Osterley Main Street, Osterley Heights, Osterley Park, Osterley Creekside, Osterley Hillview, and Osterley Rural Retreat.
Osterley Heights and Osterley Hillview are particularly family-friendly, offering good schools and amenities nearby.
Yes, Osterley offers various rental options including flats, units, and houses catering to different budgets.
House prices in Osterley range between $300,000 and $600,000, depending on the suburb and specific property features.
Public transport is limited in Osterley, and owning a car is recommended to ensure convenient access to amenities.
Osterley Main Street offers the most amenities, including shops, cafes, and community services.
Yes, Osterley hosts a variety of community events, particularly in the main street and park areas, fostering a strong sense of community.
Osterley offers a diverse range of properties including single-family homes, townhouses, units, and rural retreats.
Yes, Osterley is quite suitable for retirees, particularly areas like Osterley Heights which offer peaceful living and community involvement.
The property market in Osterley has shown consistent growth, with increased interest in family homes focused on community and nature.
Conclusion on the Best Residential Areas in Osterley:
Osterley, Tasmania, presents an excellent selection of residential areas, each offering unique attributes suitable for various lifestyles. From the vibrant environment of Osterley Main Street to the peacefulness of Osterley Rural Retreat, residents can find a perfect fit for their needs. Whether you are a first-home buyer, a growing family, or a retiree seeking tranquillity, Osterley caters to all. Choosing your ideal suburb will depend on your preferences for community, nature, housing type, and proximity to services. Overall, Osterley promises a rewarding living experience with its impressive landscapes and welcoming communities.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.