Today lets look at Tasmania and do a profile review of the suburbs worth looking at for investors.
We have picked 4 few suburbs from the following article on RealEstate, where property expert John Mcgrath has identified Tasmanian suburbs he believes are primed for growth - https://www.realestate.com.au/news/primed-for-growth-property-gurus-top-tassie-picks-for-2025/.
A suburb analysis for the 4 suburbs is below (with PropertyDirector's research reports attached). Would you invest in any of these suburbs in Tasmania?
Latrobe, TAS 7307
Median Price - $570,000
Rental Yield - 3.47%
Vendor Discount Rate - houses are selling at 2.41% discount
Comments - affordable price, a small town in the far north of Tasmania with a lot of history and a vibrant community. There's been substantial land development recently indicating growth in population.
Primrose Sands, TAS 7173
Median Price - $405,000
Rental Yield - 3.65%
Vendor Discount Rate - houses are selling at 7.83% discount
Comments - very affordable price, a growing market, good proximity to Hobart (45kms), a peaceful and coastal community.
Kingston, TAS 7050
Median Price - $756,500
Rental Yield - 4.34%
Vendor Discount Rate - houses are selling at a premium of 2.6%
Comments - very close to Hobart (13kms), lovely beach location, a number of solid construction projects indicating growth potential.
Legana, TAS 7277
Median Price - $677,500
Rental Yield - 3.47%
Vendor Discount Rate - houses are selling at a 7.69% discount
Comments - cited as one of the fastest growing regions in Tasmania. Located near Launceston, providing a balance of rural charm and city access.
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