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The surprise property market that is the hottest in Australia

The best performing property markets over the long term are not in the big cities as might be expected.

Launceston, Tasmania as seen from the Tamar River.
Regional Tasmania, including Launceston (pictured), has delivered the best long term capital growth gains in the country, dispelling some entrenched myths along the way. (Image source: Shutterstock.com)

Anyone serious about property investment knows it is a long-term game and that inevitably the longer you hold onto an asset the better the return.

Despite that, much of the analysis and commentary about the market is generally about how the market has performed in the past month, quarter or year.

When looking at the long-term performance of Australia’s property market, many might be surprised at which market comes out on top for the best long-t…

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