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Hi everyone just wondering what peoples opinions are on what would happen to house prices IF Australia went into recession. And this combined with the new APRA regulations??

I thought this show was a real eye opener. It doesn't claim to be representative of Mt Druitt. There are people like this everywhere. I don't know how they survive - I couldn't live a life as hard as this. To be born into an environment like this would pretty well be a life sentence - VERY...

Wow 11% seems high. I think Hobart is usually around 7% but I haven't used a Property Manager for about 12 months or more. C-mac the last boom starting in 2001/2002 did ripple out to the outer suburbs. Hobart had huge increases in values. The inner city places tend to hold their value better...

The inner city suburbs of Hobart are definitely heating up now. Some houses are being sold above the asking price, there are lots of people at open homes and many places are selling quickly. There are also significant increased sales volumes and mortgage market activity. Agents are talking about...

fixed for 3 years?

Hi D.T. serviceability is excellent with the short term holiday rental returns - the bank doesn't count that

I'm trying to buy 2 conjoined cottages near the CBD in Hobart for short term holiday accommodation. It seems the bank (CBA) only takes into account the long term rental potential which is a lot less. Does anyone know any way around this?

close to the city is best although near the water is always good. Lutana is an ex housing commission area with industry just over the hill but only 5 ks from the city and beautiful water views

Hobart on the move According to RP Data Hobart house prices increased by nearly 8% in the last 3 months

exactly DaveM!

Bozley yes that's right Tasmania is promoting itself as gay friendly tourist destination (and almost passed legislation to allow same sex marriage) http://www.news.com.au/travel/australia/tassie-embraces-gay-friendly-tourism/story-e6frfq89-1226628419296

Sea change and Angel that's been my experience too. As the mainland capitals boom there has in the past been a flow on to Hobart. Tasmania is also developing a strong cultural/arts/foody focus that is impacting positively on the tourism industry.

Thanks Mikezen and OTV in the past we have done well with properties in the inner and middle suburbs in Hobart after the boom peaks in larger mainland cities. Hopefully this will happen again this time:)

hi everyone, I have been reading Somersoft posts for a long time but have never posted before. I live in Sydney but have property in Tasmania. I noticed an article by Terry Ryder pointing out there has been a 'significant increase in the number of sales in Tasmania'...