
Tasmania's property market has shifted gears in 2025. While Hobart houses have dipped slightly, regional areas and select units are starting to show signs of resilience, with strong yields and low vacancy rates making it a drawcard for investors and lifestyle-driven buyers.
Whether you're chasing a tree change, a coastal investment or a long-term growth play, this guide covers the key data, growth suburbs and smart strategies for buying in Tasmania this year.
Quick summary
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Hobart house prices down -1.7%, but units up +1.7%
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Regional units up 4.7% YoY; house prices flat at +1.0%
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Top growth suburbs: Sisters Beach, Mole Creek, Woodbridge
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Strong yields in Devonport, Perth, West Ulverstone
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Action tip: Use Aussie's tools to track rent, equity and suburb growth before making a move
Source: Cotality, SQM Research – April 2025
TAS property market at a glance (2025)
Metric |
Hobart |
Regional TAS |
---|---|---|
Median house price |
$777K |
$625K |
Median unit price |
$554K |
$435K |
Annual price growth |
-1.7% (houses), 1.7% (units) |
1.0% (houses), 4.7% (units) |
Rental yields |
3.9% (houses), 4.4% (units) |
3.8% (houses), 4.6% (units) |
Median rent |
$539 (houses), $463 (units) |
$419 (houses), $385 (units) |
Source: Cotality, SQM Research – April 2025
TAS property market overview (2025)
Tasmania's market in 2025 is a mix of cautious recovery and high rental performance.
While capital growth in Hobart is flat to negative, regional TAS is picking up the slack, particularly in lifestyle suburbs.
5 key trends in the TAS market:
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Hobart prices softening, but unit market shows resilience
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Regional units seeing the strongest growth at +4.7%
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Investor demand remains due to tight vacancy rates and strong yields
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Tree change and coastal lifestyle demand driving regional interest
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First-home buyers leaning into affordability and government support
Source: Cotality, SQM Research – April 2025
Supply vs. buyer demand
Buyer demand is rising in areas offering lifestyle appeal and relative affordability.
Suburbs close to nature or the coast continue to attract interest, while limited stock and tight rental vacancies are keeping pressure on supply across much of the state.
“We're seeing strong buyer interest across Tasmania, and it's driven by a mix of factors like lifestyle appeal, affordability, investment potential, and access to nearby cities. Suburbs offering that balance are standing out in today's market.” - Leigh Nosworthy, Aussie Franchisee, Kingston
Metro vs. regional: Where's the growth?
Market |
Median price (2025) |
Lifestyle appeal |
---|---|---|
Hobart |
$777K |
Compact city, proximity to nature |
Regional TAS |
$625K |
Affordable lifestyle, space, strong yields |
Source: Cotality, SQM Research – April 2025
Hobart remains attractive for unit buyers and downsizers, while regional areas are pulling in investors and remote workers with affordable prices and consistent returns.
Tip: Use an Aussie Buyer's Agent to help you pinpoint which TAS suburb suits your budget and goals.
High-Growth Suburbs in TAS for 2025
Suburb |
6-month growth |
1-year growth |
---|---|---|
Sisters Beach |
5.0% |
6.3% |
Mole Creek |
4.6% |
-1.6% |
Woodbridge |
4.3% |
1.5% |
Lanena |
4.3% |
-2.6% |
Nicholls Rivulet |
4.7% |
N/A |
Source: Cotality, SQM Research – April 2025
These small but emerging suburbs reflect renewed regional interest and long-term lifestyle trends.
Top TAS suburbs for property investors
Rental-focused suburbs in 2025 include:
Suburb |
Rental yield |
Rental growth |
---|---|---|
Devonport |
4.4% |
1.9% |
West Ulverstone |
4.3% |
3.2% |
Perth (TAS) |
4.1% |
3.9% |
Geilston Bay |
4.3% |
1.6% |
Austins Ferry |
4.6% |
1.5% |
Source: Cotality, SQM Research – April 2025
“In areas like Perth, just 15 minutes from Launceston, first-home buyers are leading the way. The stamp duty exemption up to $750,000 is helping many into the market, and with solid infrastructure and lifestyle access, it's become a smart entry point for new buyers.” - Chris Antypas, Aussie Franchisee, Aussie Launceston & Kings Meadows
Tip: Use the Aussie App to track equity, rental trends and see how far your budget will go.
Home loan & financing considerations
If you're looking to buy in TAS, now's the time to review your borrowing power and pre-approval options. Use Aussie's Borrowing Power Calculator or speak to a broker for personalised guidance.
First-Home Buyer Support includes:
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TAS First Home Owner Grant (for new builds)
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Stamp duty concessions for eligible buyers
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Affordable stock in select coastal and regional areas under $600K
Refinancing and equity opportunities
Own a home in Tasmania already? With rents rising and yields strong, now may be the time to refinance or release equity for upgrades or investments.
Your next steps
Tasmania's market may be soft in Hobart, but regional opportunities and investor returns remain strong. Whether you're upgrading, investing or just getting started, Aussie can help you:
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Compare thousands of loans from 25+ lenders**
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Identify high-yield suburbs and regional opportunities
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Get support from a local broker or Buyer's Agent
Make your move in the Apple Isle with confidence.