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Hobart Housing still the most affordable in Australia with eleven suburbs within 10km of the Hobart CBD showing a median house value under $300,000

Hobart stands out as providing the most affordable options for home buyers in capital cities of Australia, according to a report by Aussie Home Loans and CoreLogic.

There are five suburbs across Hobart with a median house value that is less than $200,000, all located within either the Brighton or Clarence council regions.

There are three Hobart suburbs with a median value of less than $200,000 and 11 suburbs with a median value under $300,000 located within 10km of the Hobart CBD.  

Chief Executive Officer of Aussie, Mr James Symond, said “Tasmania takes the mantle for the best value housing in Australia and the state represents a great haven for home buyers seeking a very affordable place to live and also a great lifestyle option.”

There is no other capital city in Australia where the pricing options within close proximity are this affordable.  CoreLogic figures are showing Hobart’s housing market has been accelerating over the past year, with dwelling values across the city rising by 5% over the past 12 months. 

To view the report, please click here.

For further information: Tim Allerton City PR 0412 715 707