Top 10 price growth localities in Tasmania

Five localities in Tasmania had median price increases above 20% for the March quarter, according to the Real Estate Institute of Tasmania.

The median house price in East Devonport grew 38% over the March quarter to $248,750 though there were only eight sales recorded by the REIT.

Prices in Legana increased 23.1%, 22.9% Ranelagh, 20.8% in Scottsdale and 20.4% in Mornington.

REIT president Adrian Kelly says after ending 2012 on such a positive note, house sales for Tasmania levelled out recording a 0.2% increase for the March quarter.

The top five most expensive suburbs were Acton Park, Mount Nelson, Sandy Bay, Seven Mile Beach and Kettering, while the top five most affordable suburbs were Queenstown, George Town, Smithton, Shorewell Park and Acton.