Photo Credit: Kamal H. via Compfight cc

Photo Credit: Kamal H. via Compfight cc

The Real Estate Institute of Tasmania (REIT) has released the Property Report for September 2013. This shows a 1.6 per cent decrease in house sales for the state following a jump of 10.5 per cent the previous quarter.

Median House Prices – September Quarter 2013

The median house price in Tasmania is $295,000. For the main centres, as below.

Hobart: $352,000
Launceston: $270,000
North-West Centres: $247,500

 

Most Expensive Suburbs

  1. Battery Point – $761,750
  2. Sandy Bay – $611,000
  3. Mount Nelson – $605,000
  4. Grove – $537,000
  5. West Hobart – $520,000
  6. Mount Stuart – $500,000
  7. South Hobart – $485,000
  8. South Launceston – $457,500
  9. Grindelwald – $452.500
  10. Taroona – $451,500

 

Most Affordable Suburbs/Towns

  1. Gagebrook – $110,125
  2. George Town – $120,000
  3. Ravenswood – $123,500
  4. Mayfield – $140,000
  5. Clarendon Vale – $145,000
  6. Beaconsfield – $148,750
  7. Acton – $172,000
  8. Risdon Vale – $173,000
  9. Oatlands – $175,000
  10. Smithton – $175,000

 

Highest Turnover

  1. Kingston
  2. Devonport
  3. Blackmans Bay
  4. Glenorchy
  5. Howrah
  6. Sandy Bay
  7. Claremont
  8. Prospect Vale
  9. Newnham
  10. West Launceston

 

If you would like assistance with searching for property to buy in Tasmania then please get in touch. Our home search services will help you to find the right property to suit your lifestyle or investment needs and budget.

 

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