M:
Research
Winter/25 Hobart Residential
The Big Picture The economy is showing signs of steady improvement as interest rates begin to ease, with returning buyer enquiry and renewed confidence helping to stimulate the Hobart property market.
Property prices continue on an upward trajectory despite slower sales, supported by limited housing supply, improving buyer sentiment, and further price growth projected.
Hobart’s property market has recently seen a moderation in sales activity as increased listings meet cautious buyer demand, influenced by the expectations of future interest rate cuts.
Tenants continue to face pressure in the rental market, with limited housing available and keeping rents elevated. Until supply improves, affordability challenges are likely to persist in the household budget.