According to realestate.com.au., Hobart is one of the 20 best places in the world for real estate growth, proving to be a hot spot for buyers.
Knight Frank's latest global index of residential cities showed that the capital of Tasmania finished 17th, with growth of 9.6% in the last 12 months.
Hobart's rank was 83 points higher than Canberra's, ranking 100th with 1.8% growth. Adelaide was in 103rd position, followed by Brisbane (120th), Perth (133rd) and Sydney (149th).
Sydney is considered one of the poorest artists. Capital prices fell 7.8% the year before.
On the other hand, population growth and the cooler climate have resulted in Hobart's growth over the past 12 months, according to Mike Speakman, Petrusma's property agent in Hobart.
"While prices have started to stabilize this year, Tasmania is very popular with pre-retirees, young families and professional couples, especially those working in the medical sector," said realestate.com. in.
Nearly half of the agency's requests come from states such as Sandy Bay, Battery Point, West Hobart and North Hobart.
"Tassie has been rediscovered, it has become a place where life is good. A common denominator is that of people looking for a cooler climate, especially 50-year-olds who are about to retire, who say they can no longer tolerate the heat in Sydney and Brisbane. They find the summers very hot and they are people who have lived there all their lives, "Speakman said.
According to Knight Frank, however, the market slowdown is not exclusive to Australia.
Seventy-nine percent of countries have seen price increases in the past year, but this number is down from the 87% recorded in 2017.
The major cities of the world, including London, Dubai, Moscow, Auckland and Geneva, all recorded a decline in consumer prices in 2018
Do you have more than $ 200,000 in your super fund? You Can Use Your Super To Buy A Property – Find Out How
Top suburbs:
South Brisbane
,
spearhead
,
Mt Lawley
,
Queens Park
,
alexandria
Get help for your real estate investment
Do you need help in finding the right loan for your investment?
When you invest in real estate, it is important to make sure that you do not only have the lowest available rate that you can get, but you also have the features of ready adapted to your needs.
Just fill in a few details below and then we will arrange for a local Australian mortgage broker to contact you and sort out the problem What features or what types of loans are suited to your needs? We will even help with the paperwork. In addition, an appointment is free.
We respect your privacy and treat all your information seriously – you can check
our privacy policy here
