TAS · 7307

Shearwater

Suburb profile, market snapshot and recent listings for Shearwater, TAS 7307.

Shearwater, TAS 7307

About Shearwater

Welcome to Shearwater

Shearwater sits on Tasmania's north-west coast, part of the Port Sorell district around 20 minutes east of Devonport. It's a low-key seaside community built around the sweep of coastline near the Rubicon estuary, with neighbouring Port Sorell, Hawley Beach and Squeaking Point forming a tight cluster of beach towns just across the water from Devonport's ferry and airport links.

With a population of around 2,051 and a median age of 58, Shearwater has the unhurried feel of a retirement and holiday-home destination rather than a commuter suburb. It tends to suit downsizers, sea-changers and those after a slower pace close to the water, though its proximity to Devonport keeps everyday conveniences within easy reach.

Lifestyle & dining

Life in Shearwater revolves around the coast. Long stretches of beach front the Rubicon estuary and Bass Strait, and much of the daily rhythm here is set by walking, fishing and boating rather than nightlife or dining precincts. For a bigger night out or a wider choice of cafes and restaurants, most residents head into Port Sorell next door or make the short trip into Devonport.

The pace suits people who want a quiet coastal base rather than a busy social calendar. Local shops and takeaways cover the basics, while golf, bowls and the Port Sorell Golf Club give the area a genuine community feel that draws heavily on its older, settled population.

Shopping

Shearwater itself is light on retail, with day-to-day shopping largely handled through Port Sorell's small commercial strip and the more comprehensive offering in Devonport, including major supermarkets, specialty stores and the Devonport CBD. It's a trade-off typical of small coastal communities: fewer shops on the doorstep, but a manageable drive to full amenity.

Getting around

Devonport, roughly 20 minutes away, is the practical hub for this part of the coast, offering access to the Bass Strait ferry terminal, Devonport Airport and the Bass Highway, which connects through to Launceston and beyond. Locally, Shearwater is well connected by road to Hawley Beach, Squeaking Point and Port Sorell, making it easy to move between the beaches and services of this small coastal network.

Public transport options are limited, as is common in these smaller coastal pockets, so most residents rely on a car for commuting and errands.

Schools & families

With a median age of 58, Shearwater is not primarily a family suburb, though Port Sorell and the wider district have primary schooling options, with high schools accessible in Devonport. Families tend to be drawn here more for the lifestyle and space than for a large youth-focused community, and many households are couples or retirees rather than young families.

Parks & recreation

The main drawcard is the outdoors: beaches, the Rubicon estuary and nearby reserves make Shearwater a base for walking, fishing, boating and birdwatching. The Port Sorell Golf Club is a focal point for recreation, and the surrounding coastline linking through to Hawley Beach and Squeaking Point offers plenty of scope for coastal walks and water-based pursuits without needing to travel far.

The property market

Shearwater's housing stock is dominated by houses, which make up 73% of current listings, with apartments and units accounting for 13% and vacant land making up the remaining 13% — reflecting both an established, low-density housing mix and some ongoing opportunity for new builds.

The median house price currently sits at $708,000, with median rent at $550 per week. Recent figures show house prices have pulled back by 5.5%, a reminder that smaller coastal markets like Shearwater can be more volatile than metropolitan areas, often moving with seasonal demand for holiday and retirement property. For buyers, that recent softening may present an opening; for owners, it's a signal to watch local conditions closely rather than assume steady linear growth.

Market snapshot

Shearwater property market

Median price ranks #2,667 of 3,797 suburbs · pricier than 30%

Median sale price

$708k

House · 3 bed

Median rent

$550

per week

Gross rental yield

4.0%

annual rent ÷ sale price

Typical price range

Entry

$543k

Median

$708k

Premium

$872k

Days on market

46

Auction clearance

0%

Sold this year

30

Median sold price trend · House 3 bed

Compound growth +5.4% / yr over 4 yrs

Property types on market

Share of current listings in Shearwater by dwelling type.

House74%
Apartment / Unit13%
Land13%

Who lives here

Demographics

ABS Census 2021 figures for Shearwater, TAS 7307.

Population

2,051

residents (2021)

Median age

58

years

Household income

$1,104

median, per week

Median rent

$295

per week

Median mortgage

$1,500

per month

Mortgage / income

31%

stretched (>30%)

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Recent results

Recently sold in Shearwater

$1.05m

3 Estuary Views

house3 bd · 2 ba · 5 car

Sold ~July 2026

$950k

13 Mason Place

house4 bd · 2 ba · 3 car

Sold ~July 2026

$545k

2/4 Alexander Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$599k

37 Alexander Street

house1 ba · 3 car

Sold ~June 2026

$630k

1 Gull Court

house3 bd · 1 ba · 3 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Shearwater

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Compare the area

Price map around Shearwater

Every listing for sale near Shearwater, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
ShearwaterNearby suburbs

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Common questions

Shearwater suburb FAQ

What is the median property price in Shearwater?

The median house price in Shearwater, TAS is $708k for a 3-bedroom home. Over the past year, median sold prices have fallen about 5.5%.

How much is rent in Shearwater?

The median weekly rent in Shearwater is around $550 per week.

Is Shearwater a good place to live?

Shearwater is a town on the north coast of Tasmania, Australia. Shearwater is an established residential suburb in TAS, with a population of around 2,051.

What is the population of Shearwater?

Shearwater has a population of 2,051 (ABS 2021 Census), with a median age of 58.

How long do homes take to sell in Shearwater?

Properties in Shearwater take around 46 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Shearwater?

Entry-level properties in Shearwater start around $543k, while premium homes reach $872k.

What suburbs are near Shearwater?

Suburbs near Shearwater include Hawley Beach, Port Sorell and Squeaking Point.

Available now

Properties in Shearwater

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For Sale
$1.40m
house

Stunning Street Appeal and Sea Views

29 Quinlan Crescent, Shearwater TAS 7307
422669 m²
RICHARD JACKSON @ REALTY1 month ago
Ask AI about this property
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NewFor Sale
$685,000
house

Prime Golf Course Frontage in an Unbeatable Lifestyle Location

29 Shearwater Boulevard, Shearwater TAS 7307
211669 m²
Halliwell Property Agents2 days ago
Ask AI about this property
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NewFor Sale
$1.75m
house

A Once-in-a-Lifetime Coastal Opportunity

41 Freer Street, Shearwater TAS 7307
8421315 m²
Roberts Real Estate ShearwaterYesterday
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For Sale
$785,000
house

A beautifully maintained coastal lifestyle home in a prime Shearwater location.

39 Shearwater Boulevard, Shearwater TAS 7307
323668 m²
For Sale By Owner3 months ago
Ask AI about this property
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For Sale
$789,000
house

Light, Lifestyle & Coastal Living

22 Franklin Court, Shearwater TAS 7307
322809 m²
Property Circle TAS2 weeks ago
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For Sale
$249,000
land

COASTAL LIVING STARTS HERE

8 Mason Place, Shearwater TAS 7307
464 m²
McGrath Devonport3 months ago
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For Sale
$325,000
land

798SQM OF OPPORTUNITY

33 Mason Place, Shearwater TAS 7307
798 m²
Property Circle TAS3 months ago
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For Sale
$749,000
house

Coastal Living with Space, Character & Location

4 Seabreeze Avenue, Shearwater TAS 7307
521668 m²
Halliwell Property Agents3 months ago
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For Sale
$875,000
house

Effortless Living in the Heart of Shearwater

2 Inlet Court, Shearwater TAS 7307
322736 m²
Halliwell Property Agents3 months ago
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For Sale
$499,000
apartment

Coastal Comfort with Low-Maintenance Living

2/29 Broadwater Court, Shearwater TAS 7307
313524 m²
Ray White Living Here2 months ago
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For Sale
$675,000
house

Coastal Living with Room to Relax and Grow Or Invest

26 Club Drive, Shearwater TAS 7307
321669 m²
buymyplace1 month ago
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For Sale
$1.80m
house

Luxury Coastal Living in Shearwater's Most Sought After Position

39 Shearwater Esplanade, Shearwater TAS 7307
422683 m²
Ray White Living Here3 months ago
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