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PHOTO: Hobart has become a popular spot. Source: News Limited Network
Buyers have fallen in love with the city of Hobart, with the Tasmanian capital ranking among the world’s top 20 places for property growth.
Hobart is proving to be a hot spot for buyers with the Tasmanian capital ranking among the world’s top 20 places for property growth.
In stark contrast, Sydney was one of the poorest performers with prices falling 7.8 per cent in the past year, according to the latest Global Residential Cities Index released by Knight Frank.
The report, which tracks the movement in average residential prices across 150 cities, showed strong results across Asia and Europe.
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