Sales Activity – Still Moving, With Some Big Prices Recorded

• We’re seeing some standout private sales in the region – for example, a property on Bay Road (Hobart area) recently sold for $2.4 million in late January, showing that the top end of the market is still attracting attention and value. 

• Broader Aussie property trends (including Hobart) are pointing to suburbs that could become “next hot spots” as buyers look for value and lifestyle options. 

Price Movement – Growth Still in the DNA

• Over the past 12 months Hobart has continued to outperform some mainland capitals, adding around $37,800 in value to the median price, which is a stronger annual rise than Sydney or Melbourne in that period. 

• Experts are even flagging the potential for continued price growth into 2026, with scenarios showing the Hobart median could push up toward the mid-$700,000s if conditions stay supportive. 

Buyer Sentiment & Demand

• There’s a reader interest in identifying suburbs with upcoming price momentum — that’s a good sign that buyers are actively thinking ahead and starting to act early in the year. 

Standout Features Right Now — What’s Different About This Past Month

Tight and Lean Listings

Vendor supply hasn’t really expanded — fewer homes are coming on market compared to this time last year, and listings have tightened up. This is quietly supporting values because buyers have fewer choices to flick through. (Recent listings trends confirm lower available stock.) 

Big Sales Still Happen — Even Quiet Market

Big-ticket results remind us that while the market feels more measured than the crazy years, quality product in the right spots still performs really well.

Hot Suburb Buzz

National property commentary has been highlighting specific suburbs as likely to outperform — and many of these are within the wider Southern Tasmania orbit, giving buyers and investors a clear list of targets to watch. 

Seasonal Shifts Starting to Show

January is traditionally quieter — but this time around we’re seeing sellers cautiously enter the market, buyers pick up early momentum, and agents reporting more genuine enquiry as we head into autumn.

What This Means for Investors & Sellers Right Now

• Sellers: With listings tight and quality stock still drawing strong results, positioning your property well — great presentation and realistic pricing — is key to attracting attention before autumn competition kicks in.

• Investors: Longer-term growth indicators are still positive, and the fact Hobart has shown more annual price growth than some larger cities is a story worth telling clients. If anything, the market feels balanced rather than overheated — a nice environment for considered investment decisions.

• Buyers: Even though prices have grown year-on-year, the market isn’t running away. There’s opportunity, especially in value-priced areas or homes needing a bit of love.