Double digit returns on offer in Hobart: HTW

Double digit returns on offer in Hobart: HTW
Double digit returns on offer in Hobart: HTW

Strong sales and rental growth is making Hobart the capital city with the fastest price growth, with double-digit returns for inner and middle ring suburbs during 2018, according to Andrew Peck, the HTW Tasmanian director.

"Both house and apartment markets continue to be fuelled by a lack of stock," the valuer said.

Figures released this week by SQM Research revealed listings fell again in Hobart exacerbating the shortage of properties available for sale in that city.

Property listings fell 4.7 percent in Hobart in May from April and remain down sharply or 26 percent from a year earlier, SQM calculated.

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Hobart Htw

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