TAS What do you guys think of Hobart to buy house

Discussion in 'Where to Buy' started by Sigemup, 2nd Apr, 2019.

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  1. Sigemup

    Sigemup Well-Known Member

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    What do you guys think of Hobart to buy house
     
  2. Birdseed

    Birdseed Well-Known Member

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    Oh dear... are we going to get one of these for every postcode in Australia?

    Sigemup, you need to do some research of your own. It’s not sexy, but start with every other thread first to get some background. “Where to buy” is literally the last question in the process. And even when you get here - start with the search bar. Plenty on Hobart, as well as the other cities/towns you are scattershotting us all with.
     
  3. Depreciator

    Depreciator Moderator Staff Member Business Member

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    The time to buy in Hobart might have been a couple of years ago.

    Great city, though.
     
  4. Lindsay_W

    Lindsay_W Well-Known Member

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    To live in or invest? I noticed you've asked about a few suburbs in separate threads, Quaenbeyan, Regents Park, Dubbo, Artamon, Katoomba - What's attracting you to these areas, is it price?
     
  5. Trainee

    Trainee Well-Known Member

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    Op, search overseas property as well.
     
  6. Sigemup

    Sigemup Well-Known Member

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    Hi Guys,

    Thank you for your replies ! I am doing research as well :) but asking these questions to get a general high level feel :) of the locality. (Besides I saw a lot of such posts asking if this or that area is good :-D )

    I do understand what you guys are saying :)

    What I am looking for is to invest in. But I am not would not be for a big capital growth. I am looking at property with below specifications:

    1. Less than $250,000 (Max stretch to $350,000) (less than $1000 payments per month)

    2. Location that is middle income range people and house prices are not inflated

    3. Potential to not go down in this market (something that is not inflated in price) and potential to maybe grow 2 or 3 % over next few years

    4. Rental yield enough to cover costs (mortgage and strata etc) and give 1 % or so profit.

    Hence looking at regional areas or smaller cities etc and I like smaller cities as well to stay so. And since units do not grow quick and are less inflated than houses, looking at those as well.

    Thank you
     
  7. KevinJ

    KevinJ Well-Known Member

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    Would have been a great purchase between 2015 to early 2017. Not now ... party's over.
     
  8. Trainee

    Trainee Well-Known Member

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    And whats the point here? 2k a year income, 10k gains over a few years. For what?
     
    legallyblonde likes this.
  9. Sigemup

    Sigemup Well-Known Member

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    A house for retirement and would not have to pay rent then correct ?
     
  10. Trainee

    Trainee Well-Known Member

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    Why not move to a cheaper country if you dont seem to care where you live? Most people here aim higher.
     
  11. Sigemup

    Sigemup Well-Known Member

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    I do care where I live and prefer somewhere here in the countryside or smaller city. And I would have the equity that keeps up with the market so I can buy where I want later. Or maybe now in places such as Hobart or Katoomba. With others it just keeps with the property market so I have equity to buy later.

    Does not matter whether I aim higher or not. Just here for property chat so.
     
  12. radson

    radson Well-Known Member

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    Funnily enough I have properties in both Upper Blue Mountains and Hobart.

    On your budget I would be looking more regional again. Launceston, Bathurst,