The graph above details the change in Hobart property values over
time based on the RP Data-Rismark Hedonic Index.
The Hedonic Methodology is the most accurate measure available to
measure the change in property values as it uses a technique which
removes the effects of renovations, changes in the types of homes
that are produced over time and variations in the buyer-types
within the market.
The most recent Home Value Index Results is available for
download. Recent figures can also be viewed in spreadsheet
form.
If you are buying a home in Hobart then you can benefit greatly
from one of our Property Reports which give you house price details
within the local area of interest. It’s important to look at
individual markets as they may be operating quite differently from
the national market.
If you would like to get an idea of what is happening to home
prices in individual Australia suburbs try our Free
Suburb Reports .
About Hobart
Hobart is Australia's southern most capital city,
located in the south east of Tasmania. The city of Hobart runs
along both banks of the Derwent River and is home to some of
Australia's most historic residences. At the end of 2008 there
were approximately 210,000 residents living within the Greater
Hobart metro area.
|