Amidst the past property price falls experienced in our major markets of Melbourne and Sydney, Tasmania has shone through as a light of continued growth, bucking nationwide trends. Along with Canberra, Hobart was the only capital city to experience any rise in property values over the past three months, with dwelling values up 7.4% year on year, according to CoreLogic data. Add this to the 17.3 per cent growth in property prices the city saw in 2017, and it is no wonder both the rental and buying markets in the capital are feverish.
Mainland buyers are largely to thank for this significantly increased interest in Tasmania, with buyers seeing the potential of homes located both in the capital city and in other parts of the state, thanks to the relative accessibility of so many areas to the capital city.
With this in mind, we put together a list of 50 homes that will satisfy a range of buyers, from those looking for homes ready to move into, renovators, retirees, tree and sea changers, young families, potential farmers, and those looking for both holiday homes and investment properties. Finding properties in Hobart for under $500,000 is a lot harder than it was three years ago, but there are still some incredible properties to find overlooking the Derwent River, while across the state, whether it be in Launceston, inland, in the west near Stanley or along the stunning east coast, the entire state of Tasmania is yet to be truly discovered by the Australian buyers.