The Real Estate Institute of Tasmania's recent June quarter report reveals just how popular the 'apple isle' has become. Sandy Bay once again has the state's highest property prices, but Launceston is keeping pace, recording strong growth in number of sales and prices.
Tasmanian real estate sales were at a seven-year high at the end of 2016, according to the The Real Estate Institute of Tasmania's December Quarterly Report.
"With Australia’s cheapest housing, solid investment returns, and increasingly optimistic outlook, I remain positive on the direction Tasmanian real estate is heading," says REIT President Tony Collidge.
Whether coastal or rural, we believe that the regional cities that will be in highest demand by baby-boomer re-locators will offer a combination of quality lifestyle, good health care, and availability of freestanding houses for less than $400,000.
