Tranmere, located in the eastern suburbs of Hobart, Tasmania, is a picturesque suburb known for its stunning waterfront views and tranquil lifestyle. With its close proximity to nature, parks, and essential amenities, Tranmere is ideal for families, professionals, and retirees alike. This article delves into the best residential areas in Tranmere, highlighting their distinctive characteristics, housing options, and current market trends.
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Tranmere Foreshore

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The Tranmere Foreshore is renowned for its breathtaking views of the Derwent River and direct access to the water. This area offers a vibrant community feel and is perfect for those who enjoy outdoor activities like fishing and boating.
Characteristics of the Tranmere Foreshore
* Culture: Strong community involvement with local events and activities
* Transportation: Bus services connecting to Hobart; car parking available
* Services: Nearby cafes, parks, and recreational facilities
* Environment: Relaxed family-oriented atmosphere
Housing Options in the Tranmere Foreshore
Single-family homes, Townhouses, Waterfront units
Average Home Prices in the Tranmere Foreshore
* Buying: $600,000 – $1,200,000
* Renting: $450 – $700/week
Tranmere High School Area

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This area is conveniently located near Tranmere High School and other educational institutions. It's perfect for families with children and offers a good blend of residential properties and community amenities.
Characteristics of the Tranmere High School Area
* Culture: Family-friendly with a focus on educational access
* Transportation: Regular bus services to Hobart and nearby suburbs
* Services: Proximity to schools, parks, and local shops
* Environment: Community-centric with a focus on family values
Housing Options in the Tranmere High School Area
Single-family homes, Units, Granny flats
Average Home Prices in the Tranmere High School Area
* Buying: $550,000 – $900,000
* Renting: $400 – $650/week
Claremont Avenue Area

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The Claremont Avenue area features large blocks and spacious homes, appealing to those seeking more room while still being close to the waterfront. This neighbourhood offers a peaceful lifestyle with easy access to amenities.
Characteristics of the Claremont Avenue Area
* Culture: Quiet suburban lifestyle, friendly neighbours
* Transportation: Easy access to bus routes, parking available
* Services: Grocery stores, cafes, and parks within walking distance
* Environment: Peaceful and family-oriented
Housing Options in the Claremont Avenue Area
Large family homes, Villas, Townhouses
Average Home Prices in the Claremont Avenue Area
* Buying: $500,000 – $850,000
* Renting: $450 – $650/week
Tranmere North

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Tranmere North features a mix of older homes and modern developments. It is an up-and-coming area with increasing property values, making it an attractive option for first-home buyers and investors.
Characteristics of the Tranmere North
* Culture: Diverse community with a mix of new and long-term residents
* Transportation: Convenient bus services available
* Services: Local shops, eateries, and parks close by
* Environment: Growing and evolving suburb with a community feel
Housing Options in the Tranmere North
Units, Single-family homes, Townhouses
Average Home Prices in the Tranmere North
* Buying: $480,000 – $800,000
* Renting: $400 – $625/week
Cooinda Street Area

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Cooinda Street offers a mix of residential and semi-rural properties. It's ideal for those who appreciate a bit of space while being within reach of urban amenities and services.
Characteristics of the Cooinda Street Area
* Culture: Semi-rural lifestyle with access to community activities
* Transportation: Public transport options along main roads
* Services: Local markets and shops, small-scale agriculture
* Environment: Tranquil and spacious with a natural feel
Housing Options in the Cooinda Street Area
Houses on larger lots, Lifestyle properties
Average Home Prices in the Cooinda Street Area
* Buying: $500,000 – $800,000
* Renting: $450 – $600/week
Normanstone Area

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The Normanstone area is known for its modern homes and family-friendly parks. This suburb balances serene living with easy access to the city, making it a favourite among professionals and families.
Characteristics of the Normanstone Area
* Culture: Modern community with active engagement in local matters
* Transportation: Regular buses and easy car access to Hobart
* Services: Children’s playgrounds, local shops, cafes
* Environment: Family-oriented and vibrant
Housing Options in the Normanstone Area
Contemporary homes, Townhouses
Average Home Prices in the Normanstone Area
* Buying: $550,000 – $950,000
* Renting: $500 – $750/week
Frequently Asked Questions About the Best Residential Areas in Tranmere:
The best residential areas in Tranmere include Tranmere Foreshore, Tranmere High School Area, Claremont Avenue Area, Tranmere North, Cooinda Street Area, and the Normanstone Area.
The Tranmere High School Area is considered the most family-friendly due to its proximity to schools and parks.
The Normanstone Area and Tranmere North feature modern homes and new developments.
The average house prices in Tranmere range from approximately $480,000 to $1,200,000 depending on the area and property type.
Yes, Tranmere is serviced by regular bus routes connecting to Hobart and surrounding suburbs.
Tranmere offers a variety of housing options including single-family homes, townhouses, units, and lifestyle properties.
The Tranmere Foreshore and High School areas boast excellent community amenities such as shops, parks, and recreational facilities.
Yes, Tranmere features several parks and green spaces ideal for families and outdoor activities.
The Tranmere real estate market is competitive with steady growth, making it an attractive option for both buyers and investors.
Consider proximity to schools and amenities, transport options, and the type of housing that suits your needs when moving to Tranmere.
Conclusion on the Best Residential Areas in Tranmere:
Tranmere provides a diverse range of residential areas that cater to a variety of lifestyles and preferences. Whether you are drawn to the stunning waterfront views of the Tranmere Foreshore, the family-friendly atmosphere near the High School, or the spacious living in the Claremont Avenue area, there are ample housing options to fit different needs and budget levels. With a growing community, well-maintained amenities, and access to public transportation, Tranmere stands out as an ideal location for those looking to enjoy the best of Tasmanian living. Investing in real estate here is not only a chance to secure a beautiful home but also an opportunity to become part of a vibrant and welcoming community.
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.