Cygnet is a charming and creative rural town in the Huon Valley, located about 55 km south of Hobart. It’s embraced by picturesque orchards, rolling hills, and the serene waters of Port Cygnet, offering a peaceful country lifestyle with a strong community spirit. The town is known for its vibrant arts scene and hosts regular markets, craft studios, galleries, and the beloved annual Cygnet Folk Festival—making it a cultural hub in the region. With a rich agricultural backdrop, an inviting creative vibe, and natural beauty at every turn, Cygnet is a delightful destination for buyers or renters seeking charm, creativity, and tranquillity.
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Cygnet property market
Cygnet, a vibrant and artistic township in the Huon Valley, is renowned for its creative community, picturesque waterways, and relaxed country lifestyle. Surrounded by rolling hills, orchards, and vineyards, Cygnet offers a unique blend of rural charm and cultural vitality, attracting artists, sea-changers, and those seeking a slower pace without sacrificing community spirit. Last month, the property market recorded 7 properties available for rent and 25 properties listed for sale, showing steady market activity in this popular regional hub.
Over the past 12 months, houses in Cygnet have sold at a median price of approximately $657,500, reflecting its position as a desirable lifestyle destination within commuting distance of Hobart. The town offers a variety of housing, from quaint cottages and weatherboard homes to modern builds on acreage, catering to a wide range of buyers.
For investors, Cygnet presents moderate but consistent rental returns. Houses typically rent for around $462 per week, generating a gross rental yield of 4.1% per annum. While yields are not as high as in some other regional areas, the suburb’s strong lifestyle appeal and steady tenant demand help support ongoing occupancy rates.
In terms of capital growth, Cygnet has seen a compound annual growth rate (CAGR) of 0.4% for houses over the past year, indicating stable market performance. This steady trend may appeal to buyers seeking long-term security rather than rapid short-term gains.
With its thriving arts scene, regular markets, excellent food culture, and stunning natural surroundings, Cygnet offers both a fulfilling lifestyle and solid investment potential. Whether as a permanent home, holiday retreat, or rental property, Cygnet continues to attract those drawn to its charm, community, and scenic beauty.
Market trends
View median property prices* in Cygnet to get a better understanding of local market trends.
*Data based on sales within the 12 months to August 2025.