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Peter Reynolds

Mortgage Broker Hobart

Hobart is the capital and most populous city of the island state of Tasmania. Located in Tasmania's south-east on the estuary of the River Derwent, it is the southernmost capital city in Australia. Despite containing nearly half of Tasmania's population (252,000) Hobart is the least-populated Australian state capital city, and second-smallest by population and area after Darwin.

 

Buying a property in Hobart? We can help secure you the right finance

The Median house sale price range is $860,000 with a 19% increase in the last 4 years (March 2020-March 2024), the corresponding previous 4 years showed a 37% rise.

In HOBART, the average rent sits at $595, this suggests property owners could potentially earn a 3.33% increase in gross rental yield.

Property investors have seen a 9.73% gain in HOBART based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.35% growth over a ten-year period.

Real estate investors could earn a rental income of $530 based on current median unit prices for the suburb.

*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)



Talk to Peter Reynolds, your local Mortgage Choice Broker. Let us research and compare more than 30 lenders for you.

 

 

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The right home loan for your needs

Our mission is to find the right home loan for your individual needs and always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation.

 

Contact Peter Reynolds and the team at Mortgage Choice on 03 6333 0444 or email peter.reynolds@mortgagechoice.com.au

 


The right home loan for your needs

Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~

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