Hobart continues to be the strongest market in capital city Australia - and its economic future is now fortified by the $1.4 billion City Deal signed by three levels of government.
An international airport to encourage direct flights for tourists, an Antarctic and Science Precinct at Macquarie Point and a light rail project are just some of the projects that will roll out in Tasmania’s capital over the next 10 years.
Population growth and busy activity by home buyers has forced vacancies down and pushed by residential rents and yields.
Homes sell faster in Hobart than anywhere else, price growth leads capital city Australia, and three Hobart suburbs are the most in-demand suburbs for renters nationally.
Hobart presents an attractive package to investors, with affordable prices compared to other capital cities, as well as attractive rental yields and low vacancy rates.
This report covers the suburbs of Hobart, Bellerive, Blackmans Bay, Claremont, Geilston Bay, Glenorchy, Howrah, Kingston, Lenah Valley, Lindisfarne, Moonah, New Town, Sandy Bay, South Hobart and West Moonah.
Hobart was Hotspot of the Week on March 5th 2019