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6 stories for Tasmania

Aerial view over Hobart towards the River Derwent, with the city centre, Battery Point and Sandy Bay along the waterfront under a clear skyTAS

Tasmania

Tasmania’s Prestige Property Market in 2026: Heritage, Water and a Rare Top Tier

Tasmania recorded no $5 million sales last year. That says less about demand than about how rarely the island’s finest addresses change hands.

4 min read

A sandstone colonial-era public building in central Hobart, with flags flying out the front and bare winter trees along the streetTAS

Tasmania

Tasmanian Budget Lets First Home Buyer Stamp Duty Exemption Lapse, Sets Grant at $20,000

Eric Abetz’s 2026–27 budget does not extend the stamp duty exemption that has saved first home buyers up to about $28,900. The First Home Owner Grant for new homes will be $20,000 from 1 July.

2 min read

A Hobart residential street lined with weatherboard houses and parked cars, sloping down towards the River Derwent and the eastern shore hillsTAS

Tasmania

Hobart Rental Vacancies Tighten in REIT’s December Quarter Report

REIT’s review of late 2025 shows Hobart’s vacancy rate falling from 1.7 per cent to 1.4 per cent, with rental supply tightening across Tasmania’s three main regions.

1 min read

Fishing boats moored at Hobart’s waterfront docks, with waterfront buildings, the city skyline and kunanyi/Mount Wellington behindTAS

Tasmania

Macquarie Point Stadium Clears Parliament, Ending Years of Uncertainty Over Hobart’s Waterfront

After two late-night sittings, Tasmania’s upper house approved the $1.13 billion roofed stadium by nine votes to five. Agents expect the project to lift interest in Hobart property, but cost and population headwinds remain.

3 min read

View from kunanyi/Mount Wellington over Hobart’s suburbs and the River Derwent, with alpine shrubs and dolerite boulders in the foregroundTAS

Tasmania

Tasmania’s Property Market Turned the Corner in 2024 as First Home Buyers Returned

Sales rose 11% and their total value reached the second-highest level on record, the Real Estate Institute of Tasmania says. First home buyer activity was the strongest since 2009 and mainland purchases rose almost 48%.

2 min read

A row of pink single-storey cottages with red corrugated iron roofs, dark green shutters and flowering rose bushes along a curving street in HobartTAS

Tasmania

Tasmania Abolishes Stamp Duty for First Home Buyers of Established Homes up to $750,000

From the new financial year, eligible first home buyers pay no transfer duty on existing homes valued up to $750,000, with refunds backdated to February. The First Home Owner Grant for new builds falls to $10,000 on the same day.

3 min read