Tassie’s peak suburbs to look at in 2023

Jarrad Bevan

Information Corp Australia Community

Location Photos

Sensible consumers are heading to Richmond. Image: Provided

If buying a assets is top to your To Do listing this yr, now’s the suitable time to 0 in on higher Hobart’s most up to date suburbs.

And within the town, there’s a particular house this is shining shiny within the face of pressures like value of dwelling will increase and extra rate of interest hikes: the Japanese Shore.

New PropTrack statistics have published 4 of the 5 hottest suburbs — with quarterly value expansion and powerful call for from consumers — are situated at the east facet of the Derwent River.

PropTrack’s information ranked the suburbs by means of their doable consumers — extremely engaged assets hunters — in keeping with area list.


In Hobart, the median selection of doable consumers in keeping with area list is 33. In regional Tasmania, it’s somewhat decrease at 30.

However No.1 at the suburbs to look at listing, Richmond, greater than doubled that baseline with 70 consumers in keeping with list.

The knowledge confirmed 3.9 in keeping with cent quarterly expansion and an average of $940,000 in Richmond.

Lucas and Suzi Bevan with the Richmond Bridge within the background.

Location Photos

Richmond Hands Lodge, Richmond.

Richmond resident and Exceed Assets director, Mandy Welling, stated Richmond has lengthy been a suburb with a shortfall of to be had properties to meet the purchasing marketplace.

Then again, a big residential subdivision has assisted in subduing the call for, she stated.

“There’s extra land on the market within the Richmond house than I will be able to ever take into accout. The Richmond Village land is a brilliant alternative for consumers to buy on this tightly held the city, which is infamous for a brief provide of to be had inventory,” Mrs Welling stated.

“Costs persevered to climb and pastime used to be constant remaining yr, albeit quieter than in 2021.

“With the ancient values of the city and the enchantment of semi-country/rural dwelling nonetheless top at the listing of many patrons, we think the 2023 marketplace to be constant and bring just right effects.

“At the side of the fantastic cafes, resort and bakery, the suburb is flanked by means of superb vineyards.

“Its honest to mention the suburb is wanted by means of maximum consumers for the way of life issue. It has the sensation of group and a small nation the city, whilst simplest being a 25-minute pressure to the Hobart CBD.

“Richmond is stuffed with persona and it’s non violent. There could also be a ‘buzz’ round the principle side road as vacationers discover the city.”

Set on 2ha of land, No.79 Richmond Valley Rd, Richmond is indexed with Fall Actual Property at $1.5m-plus. Image: Provided

No.65 Richmond Valley Rd, Richmond is indexed with Harcourts Signature at “Provides over $995,000”. Image: Provided

Halfway Level

Halfway Level used to be the following in-demand suburb with 41 doable consumers in keeping with list. Its expansion for the three-month length used to be 5.2 in keeping with cent with the median attaining $686,000.

Risdon Vale and Chigwell

Risdon Vale and Chigwell had 33 consumers. Risdon Vale’s expansion used to be 2.2 in keeping with cent, whilst Chigwell driven 0.7 in keeping with cent upper. Chigwell used to be costlier at $533,000 in comparison to $482,000.


Sorell had 32 doable consumers, 4.4 in keeping with cent expansion and a $708,000 median area value.

In the meantime, in regional Tasmania, the spaces with probably the most doable consumers are all within the Launceston area headlined by means of West Launceston and St Leonards.

Each attracted 52 consumers in keeping with list, and between 0.8 and zero.9 in keeping with cent quarterly expansion.

West Launceston used to be costlier, with a $647,000 median price, forward of St Leonards at $608,000.

Newstead, Prospect and Trevallyn made up the highest 5 with between 42 and 48 consumers. Expansion in those spaces ranged from 0.4 in keeping with cent to two in keeping with cent.

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