Hobart sailing into contention for property investors
Real estate investors are again looking to Hobart as a potential property investment target but interstate investors are still wary of rising interest rates.
Sandy Bay has property investors reflecting on its potential. (Image source: Shutterstock.com)
Pitched to mainland Australia in a recent television campaign as the place you go to ‘come down for air’, Tasmania is not just a holidaymakers’ paradise, but a real estate investment opportunity.
Since March 2020, Hobart has been the strongest performing capital city, post Covid, with prices up by 44.4 per cent, according to PropTrack’s Home Price Index December 2022, released this month.
However, despite seeing a price rise of 0.11 per cent ov…
