Tasmania entered 2025 on stronger footing, with the Real Estate Institute of Tasmania reporting 976 more sales in 2024 than the previous year, a rise of 11.1 per cent, and the second highest cumulative sales value on record. Median prices held broadly steady while rental conditions tightened, with vacancies at a record low of 0.82 per cent and affordability at its weakest since 2008. More than $284 million in state transport works was under way.
Reported by
Samantha Spilsbury, Buyers Agents Tasmania, Hobart Mercury, Money Matters, 22 May 2025
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