Next Neighbourhoods 2021: East Coast Tasmania, Australia

The island state of Tasmania is draped in natural beauty with its picturesque lakes and waterfalls, white sandy beaches, tall mountain ranges and dense forests all blossoming with wildlife. The laid-back lifestyle, coupled with the unspoilt townships, are as captivating as the magnificent sprawling prestige homes dotted along the coastline.

01 March 2021

1 min read

Why is it primed for growth?

The economy has undergone a significant structural change over the past two decades, away from logging and mining. Property prices have increased significantly, yet they’re tipped to grow even further over the coming years given the strong appetite from active retirees and migrating interstate desk workers who have proven they can work from anywhere.

My favourite bits:

The serenity is unrivalled on a hike up the eye-watering peak of Kunanyi (Mt Wellington), around the turquoise waters of Wineglass Bay in Freycinet National Park or snorkelling in the Bay of Fires. Pause to soak up the magnificent view while enjoying some fresh Tasmanian produce picked up from one of the local delis or farm shops earlier in the day.

What will my money buy me?

A new three-bedroom apartment in Hobart starts from A$800,000 with limited water views. An established five-bedroom house with a garden and water views starts from A$1.2 million.

One thing the locals like to keep secret:

Locals love picking up fresh apple cider, berries, cheeses, wine, whisky, and fresh oysters and crayfish from Bruny Island at the weekly markets at Salamanca Place and Farm Gate.