Mid-price market most popular in Tasmania: Herron Todd White

Mid-price market most popular in Tasmania: Herron Todd White
Michael CrawfordDecember 7, 2020

The greatest volume of sales across Tasmania is in the mid-price residential market, according to Herron Todd White.

Herron Todd White's October Month in Review said during the second quarter of 2015 the southern suburb of Howrah, located on Hobart’s eastern shore, listed as good examples a circa 1960s, 147 square metre dwelling located on just over 600 square metres for $371,000 and an an older style, 104 square metre unit for $310,000.

"For this same period in the north the greatest number of sales in occurred in Legana. Examples of these sales include a near new, 98 square metre unit for $272,000 a modern, 245 square metre home on just over 900 square metres of land for $395,000, and an older style, 159 square metre home on a lifestyle block for $353,000," it said.

"For this same period in the north-west, the Devonport region is where the greatest number of sales in this sector occurred. Examples of sales include a new, centrally located, 99 square metre unit for $364,000, an older style, 203 square metre home located near to water for $377,000 and a modern, 131 square metre residence on a lifestyle block on the periphery of Devonport for $350,000."

 

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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