The Hobart and Tasmania property market experienced a slowdown in the last quarter of 2023, as the impact of cash rate hikes and reduced affordability took a toll on buyer demand and seller confidence. However, prices remained at an all-time high, reflecting the strong fundamentals of the market and the ongoing supply shortage. According to…
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A good property manager can be the difference between a positive experience in owning property and a nightmare. So how do you find the right person to help manage your property? There’s no doubt that a property manager could make or break your investment. Hiring a poorly chosen manager could result in hefty losses in…
Read MoreIn 2021, Tasmania – not just Hobart – made big gains in the property market. The team here at Nest Property sat down to collate and discuss the current market conditions and to try and cast a crystal ball on market for the remainder of 2022. This article will provide an expert view of 2021…
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In its June Quarterly Report, the Real Estate Institute of Tasmania (REIT) reaffirmed that unrelenting buyer and rental demand is continuing to drive prices and rents to new highs. The April to June quarter saw another record quarter with year-to-date sales up 25.3 per cent over last year, with a total sales value of $952…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
