Ray White Now | February 2022 | Page 20

HOBART AND LAUNCESTON - THE APPLE ISLE CONTINUES TO OUTPERFORM

Hobart is now Australia ’ s fourth most expensive capital city with prices having risen by over 40 per cent since the start of the pandemic . The median now sits at $ 760,000 and while it ’ s unlikely growth will continue in the same way this year as last year , if it did , Hobart ’ s median would exceed Melbourne . Within a relatively short period of time , the city has gone from one of Australia ’ s most affordable to one of its most expensive .
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