WILL LAUNCESTON CONTINUE TO SHOW HOUSING GROWTH IN THE NEXT 12-24 MONTHS?

The Real Estate Institute of Tasmania’s June quarterly report has seen The Examiner Newspaper reporting on median house prices increasing by 16.1% in the last 12 months. There are a number of factors which have caused this increase with the main being the lack of stock in the marketplace and due to demand, there is increased competition…

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Price jumps in top three show the difference a year can make

Knight Frank agents Lynne Page (right) and Jim Playsted outside the block of units they have been selling in Battery Point. Picture: ROGER LOVELL UNIT owners in three Tasmanian suburbs might be sitting on a gold mine. The latest figures from CoreLogic show strong median price growth in these neighbourhoods of more than 40 per…

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Launceston’s Trifecta of Factors? (Sorry Hobart, we’re taking your “credit”)

“Tasmania’s better economic news is feeding better news on population growth – which is itself feedback back into better news for the states economy,” – Deloitte Access Economics Business Outlook Report Whilst all the national media’s attention is on Hobart, as reported by Erin Cooper for ABC News the same trifecta that drove Sydney’s house…

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WHAT’S THE MOST IN DEMAND SUBURB IN LAUNCESTON?

“A rise in the “gig-economy”, alongside the proliferation of online-only jobs, means the geographical distance of Tasmania from the mainland is not restricting employment for a new generation of workers”. Whilst Hobart is at the top of the National media’s attention presently, secretly Launceston has caught the sails of Hobart’s gusts without the hype. The…

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