All Topics / General Property / Going to Tasmania -where to look for property??

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  • Profile photo of BonbeachBonbeach
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    @bonbeach
    Join Date: 2004
    Post Count: 214

    I am going to Tasmania for work this week (never been before!) and would like to check out some property while I am there… Does anyone have suggestions on where to look? any experience in the area and +ve CF properties are? [eh]

    I will be going to Hobart and Launceston so will be able to see anything really :)

    Thanks in advance!

    Luke [cap]

    Profile photo of Matt KennyMatt Kenny
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    @matt-kenny
    Join Date: 2004
    Post Count: 41

    Luke,

    Don’t want to completely disappoint you but Tassie’s prices haven’t yet seen the slow down other areas have. Still asking big prices and still managing to sell, even if they are staying on the market a little longer.

    Cf +ve deals on mining towns on West Coast – leave well alone, very little population, very little capital growth, fair distance from major population centres.

    Travelling between Hobart, Launceston will see you pass many Midlands towns, might find a bargain here and might be able to negotiate down if they have been on the market for a while.

    Do a search on realestate.com

    Matt

    Profile photo of YorkerYorker
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    @yorker
    Join Date: 2004
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    Matt,

    Obviously you have visited the region. I agree, however don’t think one should totally dismiss mining towns, I bought in 5 years ago, very cheaply i.e 4 bedroom house for $10,000 and have recently sold it for $60,000. I think if you do your research you’ll be OK.

    Profile photo of Matt KennyMatt Kenny
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    @matt-kenny
    Join Date: 2004
    Post Count: 41

    Yorker,

    Not just visited, lived there (midlands)for a while, now down south in outerlying area of Hobart.

    Matt

    Profile photo of YorkerYorker
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    @yorker
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    Matt,

    any value left in the Tasy market??

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