John McGrath reveals where to buy in Hobart and Tasmania. Picture: Supplied For mortgage-holders, every RBA rates call feels like doom and gloom has settled in — but there are rays of housing sunshine to be found, too. John McGrath, founder and chief executive of McGrath Estate Agents has released his McGrath Report 2027 and named five Hobart and five more Tasmanian hotspots. The real estate guru noted that the current correction weighing on house prices nationwide this year was the eighth highest since he entered the industry 40 years ago. He said it “feels like the fastest fall in values” that he can remember. MORE: Hobart only capital to dodge home price falls Tasmanian vineyard giant seeks eight-figure sale Anchor a piece of maritime history at Cornelian Bay Inside the Bellerive home with an ice bath, sauna and gym John McGrath. However, analysing Hobart, there was plenty of positivity to point to. To start, median house and apartment prices have rarely been higher, with the current value only a stitch behind the record high set earlier this year. “Confidence has returned to Hobart’s housing market,” Mr McGrath said. “First-home buyers are very active, and dwelling values incre...
Listed: Hobart and regional TAS housing hotspots tipped for growth
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