Q1 2026 · 796 suburbs tracked
Tasmania property market, 2026.
Median prices, annual growth, days on market, and the state’s top suburbs by growth, affordability and price, sourced from state revenue offices.
Avg median house
$285K
across tracked suburbs
Avg median unit
$206K
across tracked suburbs
Avg annual growth
N/A
house prices, last 12 months
Avg days on market
N/A
time to sell
State of the market
Tasmania in 2026.
Tasmania's market had a dramatic 2018-2022 run with Hobart prices nearly doubling. The 2023-2025 period was a flat-to-down breather; 2026 sees the market steady again with modest positive growth and strong rental demand. Hobart median house prices sit around $730K, and the gap to Launceston has narrowed meaningfully. The lifestyle premium that drove the 2018-2022 boom has cooled but hasn't reversed.
Tasmania's most affordable suburbs
| # | Suburb | Median price | Annual growth | Profile |
|---|---|---|---|---|
| 1 | Winnaleah7265 | $108,000 | - | View → |
| 2 | Banca7265 | $108,000 | - | View → |
| 3 | Lake Margaret7467 | $126,000 | - | View → |
| 4 | Queenstown7467 | $126,000 | - | View → |
| 5 | Rosebery7470 | $132,000 | - | View → |
| 6 | Renison Bell7469 | $133,000 | - | View → |
| 7 | Granville Harbour7469 | $133,000 | - | View → |
| 8 | Zeehan7469 | $133,000 | - | View → |
| 9 | Trial Harbour7469 | $133,000 | - | View → |
| 10 | Branxholm7261 | $143,000 | - | View → |
Tasmania's highest median prices
| # | Suburb | Median price | Profile |
|---|---|---|---|
| 1 | Sandy Bay7005 | $1,267,500 | View → |
| 2 | Cambridge7170 | $1,010,000 | View → |
| 3 | West Hobart7000 | $910,500 | View → |
| 4 | South Arm7022 | $910,000 | View → |
| 5 | New Town7008 | $882,500 | View → |
| 6 | Launceston7250 | $775,000 | View → |
| 7 | Legana7277 | $740,000 | View → |
| 8 | Port Sorell7307 | $718,500 | View → |
| 9 | Newstead7250 | $665,000 | View → |
| 10 | Cygnet7112 | $650,000 | View → |
Other state reports
Data source
Market data sourced from state revenue offices and property sales records. Updated quarterly. Median prices and growth figures are calculated from available suburb-level data and may not reflect the full market. Full methodology →
Ready to act on the data?
Search Tasmania properties for sale.
Browse listings across all suburbs in Tasmania.