REVEALED: Tassie’s cheapest homes
Tassie’s property market continues to explode but there’s a bargain to be had if you’re willing to think outside the square. See our full list of the state’s cheapest properties — including one for under $100,000 >>
Tasmania
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TASMANIA’S property market continues to explode and set countless records in the process, but there’s a bargain to be had if you’re willing to think outside the square.
Hobart’s median house price is now $621,102 and climbing, more expensive than other Australian capitals Brisbane, Adelaide, Perth and Darwin.
But Tasmanian and interstate buyers considering a quiet life away from the hustle and bustle of city living will find an array of very affordable homes on the state’s west coast.
In stark comparison, about 3 ½ hours drive from Hobart in Queenstown, you can find a three-bedroom home for $130,000.
Property agent Rodney Triffett of Harcourts grew up in the town and has already seen plenty of change in his four years in real estate to date.
“When I first started we had about 50 properties for sale just in Queenstown and it was very hard to sell a property,’’ he said.
But Mr Triffett said since construction started on mountain bike tracks at Queenstown’s Mount Owen, the market had “flipped on its head” and prices were on the way up.
“Half of my properties don’t even go onto the market. There’s a lot of investors looking around, especially for AirBNB,’’ he said.
“From what it was in the past, it’s completely turned over.”
Nevertheless, for buyers looking to break into the market, Tasmania’s west coast represents a unique opportunity.
“It’s one of the most affordable places in Australia,’’ Mr Triffett said.
“If you love the outdoors and the peace and quiet ... that’s one of the reasons I live down here, I love it.
“The arts community is growing quite a bit as well and we have The Uncomformity festival. We’re not just a mining town anymore.”
Mr Triffett said the region’s geography also offered the attractiveness of being further shielded from the effects of coronavirus, at least in theory.
“I talk to a lot of mainlanders and we usually end up in a discussion about coronavirus, and I tell them if you are living on the west coast and didn’t tune into the news, you wouldn’t know. It’s business as usual here,’’ he said.
In Tasmania’s far north-west, Casey Spinks said his agency, Spinks Property Services, was going through probably its busiest ever period.
One of his current listings is for a three-bedroom home, with offers over $200,000.
“We’ve gone from having 10 times more listings before Covid, to the least amount of properties on the market we’ve ever seen now,’’ he said.
“Obviously, everywhere prices are going north.”
Based in Smithton, Mr Spinks said there was strong confidence in the local market currently.
“We’re still affordable compared to the bigger centres and the buyers start looking out,’’ he said.
“It's a bit of a ripple effect and we’re probably several months behind the cities.
“Investors are looking as well and rent prices have lifted, and the demand has been really high.
“That’s probably been driven a bit from the industries here, in particular Greenhams [meatworks] and dairy farms are pretty strong here as well with a lot of overseas workers.
“I think it’s a good community to live in. It’s relatively safe, a pretty good lifestyle and good community spirit.
“If you’re into the outdoors you’ve got the west coast for fishing and bushwalking. It’s just your typical Tassie town, it’s a great place to live.”
Mr Spinks said like many other parts of Tasmania, quick sales were being seen.
“If it’s good value, they will sell within a couple of days of going on the market,’’ he said.
“I had four sold last week that didn’t even hit the market. I was able to find buyers for them before we laid them on the website and in advertisements.”
TASSIE’S CHEAPEST HOMES
HOUSES
24 Peters St, Gormanston
Price: $90,000
Agent: Rodney Triffett — Harcourts
The only house in five figures known to be currently advertised in Tasmania, the home is marketed as a shack to escape the hustle and bustle of city life.
15 Dalmeny St, Rosebery
$100,000
Jenelle Carey — Harcourts
77 Batchelor St, Queenstown
$105,000
buymyplace — 0488 842 044
13 Hollywood St, Rosebery
$110,000
Jenelle Carey — Harcourts
10 Mellor St, Queenstown
Best offer over $115,000
Rodney Triffett — Harcourts
57 Preston St, Queenstown
Best offer over $120,000
Rodney Triffett — Harcourts
25 Westwood St, Zeehan
Offers over $119,000
Dean Chamley — Flex Realty
11 Crotty St, Queenstown
$127,000
Wendy van Balen — Roberts Real Estate
24 Henry St, Queenstown
$130,000
Rodney Triffett — Harcourts
28 Baillieu St, Rosebery
Best offer over $130,000
Harcourts West Coast
68 Main St, Zeehan
Offers over $134,000
Dean Chamley — Flex Realty
11 Doric Ct, Zeehan
Offers over $134,000
Dean Chamley — Flex Realty
5 Bury St, Queenstown
Best offer over $135,000
Rodney Triffett — Harcourts
UNITS
Price: $99,990
Address available on request, Gunns Plains
Agent: Jakub Lehman — Hampton Peters Real Estate
This one bedroom, one bathroom unit is currently the cheapest advertised of its kind in Tasmania on realestate.com.au — a weekend getaway shack on the Walloa Creek which flows into the Leven River. Built in 2012, the colorbond home has an open plan design with the lounge, dining and kitchen being in the one area.
Address available on request, Queenstown
$140,000
Agent — 1300 265 568
17 Ritchie St, Waratah
$150,000
Neil Colbeck — Sushames Real Estate
1/202 Agnes St, George Town
Offers over $150,000
Melissa Bennett — Harcourts
4/16 Johnson St, Upper Burnie
Best offers over $170,000
Matt Grice — One Agency
10/6 Wattle Drive, Scamander
Best offer over $175,000
Heidi Howe — Harcourts
4/4 Valley St, Trevallyn
Best offer over $199,000
Amanda and Kate — Key2 Property
2/28 Kerran Crescent, South Launceston
$199,000
Kathy Padgett — Roberts Real Estate
2/115A Elphin Rd, Newstead
Best offer over $195,000
Jeremy Wilkinson — Harcourts
3/28 Halstead St, Montello
Offers over $199,000
Von Wright — One Agency
LAND
29 Baillieu St, Rosebery (574 square metres)
$25,000
15 Nevin St, Rossarden (850 square metres)
$40,000
205/1583 Nubeena Rd, Nubeena (113 square metres)
$45,000
0 Lynch St, Strahan (579 square metres)
$47,000
28 Dunn St, Mathinna (1012 square metres)
$50,000
Lot 17 Tarleton St, Zeehan
$55,000
Lot 67 Cutten St, Queenstown (226 square metres)
Best offer over $55,000
Lot 102, 1583 Nubeena Rd, Nubeena
Offers over $55,000
11 Jones St, Strahan (1012 square metres)
$62,000
7 Sampson Ave, Smithton
$64,950
34 Sampson Ave, Smithton
Best offer over $69,000
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