Hobart resists national slowdown as rents, tight supply steady market
Hobart's property market is showing resilience despite softer conditions elsewhere.
Hobart’s property market continues to outperform many parts of Australia, supported by tight housing supply, strong rental growth and healthy yields. (Image source: FiledIMAGE/Shutterstock.com)
The Hobart property market remains more buoyant than most of the rest of the nation, which experts say is being underpinned by strong rental growth and healthy yields.
According to property analyst Cotality, dwelling values edged up by a slight 0.1 per cent in the month of July, behind only Darwin, at 0.8 per cent, and grew by 1.4 per cent over previous quarter.
“The numbers are still strong at open homes, it’s just taking buyers a bit longer t…
