Tasmania’s property market is evolving, and Hobart—its capital—continues to be the focal point for both local homebuyers and interstate investors. But how much does a house cost here in 2025? And what can you expect in terms of lifestyle and facilities?
Let’s break it down.
Median House Price: $712,000–$715,000
Median Unit Price: $560,000
Hobart's property market saw a small recovery in 2025, following national interest rate adjustments and consistent buyer demand.
Northern Region (Launceston & surrounds): ~$570,000
Southern Region (Kingston, Huonville): ~$680,000
Statewide Regional Median: ~$549,000
Hobart’s market has regained about a third of its decline since the 2022 peak.
Annual growth in Hobart is approx. 2–2.6%; regional Tasmania slightly outpaces it at 2.8%.
Forecasts suggest growth between 3–7% over the next year, depending on suburb and supply availability.
Beyond price, it’s important to understand the practical amenities and services that support daily living in Tasmania—especially in and around Hobart.
Hobart City Council and surrounding LGAs provide weekly waste collection, fortnightly recycling, and green waste bins.
Private cleaning services are widely available for homes, including:
End-of-lease cleaning
Carpet steam cleaning
Pressure washing for outdoor areas
Most suburbs offer eco-friendly cleaners and affordable packages for both homeowners and renters.
Tasmania enjoys fast and reliable NBN fibre coverage in most metro and regional areas.
Utilities such as electricity and gas are serviced by providers like Aurora Energy and TasGas.
Water and sewerage services are managed by TasWater, ensuring broad network coverage across the state.
Hobart offers public and private hospitals, including Royal Hobart Hospital and Calvary Health.
School zoning is consistent, with access to high-quality public and private institutions.
University of Tasmania (UTAS) is centrally located and plays a major role in the city’s academic ecosystem.
Metro Tasmania operates public buses across Hobart and major towns.
Cycling paths, ferry trials, and electric vehicle charging stations are growing in availability.
Hobart Airport links the city to mainland Australia with regular flights.
Budget Smart: Suburbs like Gagebrook and Glenorchy offer more affordable options below $450,000.
Plan for Facilities: When buying, consider access to waste services, fibre NBN, and cleaning options, especially for Airbnb or short-stay property plans.
Rental Opportunities: With vacancy rates still below 1%, the market remains strong for investors.
So, what is the average house price in Tasmania? In 2025, the median cost of a home in Greater Hobart sits at around $712,000–$715,000, while regional areas average closer to $549,000. Whether you’re drawn to the waterfront prestige of Sandy Bay or seeking value in Tasmania’s quieter suburbs, the market offers opportunities at every budget level.
Crucially, Tasmania backs its property appeal with solid infrastructure: from cleaning and waste services to internet, healthcare, and schooling—making it not only affordable but also liveable.
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