The 10 most tightly held Tasmanian suburbs: RP Data

We’re regularly told that one of the most important things about investing in property is to hold that investment for a long period of time. But how long do people tend to hold their properties for?

Here are the 10 most tightly held markets in Tasmania, for houses, based on the years held and the median prices.

1. Stieglitz
   14 years
   $233,000
   
   
2. Forth
   14 years
   $350,000
   
   
3. Rose Bay
   14 years
   $428,000
   
   
4. Summerhill
   13 years
   $243,000
   
   
5. Swan Bay
   13 years
   $370,000
   
   
6. Waverley
   13 years
   $159,000
   
   
7. Kingston Beach
   13 years
   $455,000
   
   
8. Miandetta
   13 years
   $240,000
   
   
9. Mount Nelson
   13 years
   $518,000
   
   
10. Cambridge
    13 years
    $513,000

Source: RP Data

Another 61 suburbs ranked as having a hold period of 10 years or more.