Shearwater
Suburb profile, market snapshot and recent listings for 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 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.
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
Sold ~July 2026
$950k
13 Mason Place
Sold ~July 2026
$545k
2/4 Alexander Street
Sold ~July 2026
$599k
37 Alexander Street
Sold ~June 2026
$630k
1 Gull Court
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
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.
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Nearby 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.
Fresh to market
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