I am on the ground down here in Tassie – and yes there are positive signs however these are strictly linked to proximity to CBD Hobart or new public/private spend in an around the growth corridors around Kingston or for bonus points Claredon Vale.

We had a slump in price since 2010 and the recovery has been lead by the upper end of the market with strong sales volumes and rental growth still driving the recovery in strictly in the 5km from CBD Hobart.

My picks are West Hobart (anywhere), New Town (city end), Lenah Valley (city and New Town corner) for growth.

Kingston and further down towards Margate for a growth and yield play.

Clarendon Vale for Yield with some mid term growth based on surrounding area development and gentrification (off a very low base).

Launnie, Burnie, Northern Hobart etc etc have very sporadic population and growth drivers (very patchy) and will be the last ripple of any Tasmanian growth cycle in my humble opinion – do not be sucked in by the yields etc in these areas as all Tasmania is not created equal.

Thought I might bump/update this thread with some news and info regarding Ripehouse.

I am gearing up for the launch of V3.0 of Ripehouse and we are looking for a group of investors to use the software for a period of four weeks (for free of course!) as part of a private beta group.

We are looking at getting this beta group running before the end of September. You can view a quick informational video about the new software and the beta launch here:

http://www.ripehouse.com.au/beta/welcome

Fire away with any questions about what functionality this software will include or about how to get involved with the beta launch and thanks for your help in advance.

Regards, Jacob