Thinking of Investing in Tasmania in 2026?
Tasmania has become more than just a lifestyle state, it’s now firmly on the radar of investors across Australia. With tight rental supply, healthy returns in many suburbs, and prices that remain more affordable than many mainland markets, the Tasmanian property market in 2026 offers opportunities for both yield and long-term growth.
At Emily Green Property, we work with investors every day who are seeking clarity in Tasmania’s unique market. This guide outlines the latest numbers, key investment locations, and a forecast for 2026.
Hobart Property Market: Where Things Stand
- Hobart house medians: Around $930,000
- Hobart unit medians: Around $680,000
- Combined Hobart dwellings: $670,000–$715,000 depending on source
- Vacancy rates: ~0.6% across greater Hobart (with some suburbs such as Glenorchy even tighter)
Data compiled from SQM Research (Specialist Quantitative Market Research), CoreLogic and PropTrack reports, September 2025.
Key Investment Locations to Watch in 2026
Glenorchy (Hobart Fringe)
- Affordable compared to inner Hobart
- Vacancy around 0.3%
- Strong infrastructure and retail growth
Kingston & Sorell (Growth Corridors)
- Strong commuter appeal
- Ongoing infrastructure projects
- Family-friendly suburbs with improving amenities
Tasmania Property Forecast 2026
Looking ahead, here’s what investors can expect:
- Price Growth: Modest, in the range of 2–5% across most Tasmanian markets depending on location. Regional towns linked to infrastructure may outperform.
- Rents & Yields: Continued upward pressure on rents due to tight supply. Yields expected to hold in the 3.2–5.5% range, with regional areas at the upper end.
- Interest Rates: Anticipated RBA cuts in late 2025 and into 2026 could boost buyer confidence and affordability.
- Risks: Rising insurance costs, tenancy legislation changes, and oversupply in certain Hobart apartment pockets.
Investor Strategies for 2026
- Balance yield with costs — Regional houses can return higher yields but may have higher maintenance bills.
- Target infrastructure-led suburbs — Places with confirmed upgrades (schools, roads, town centres) typically outperform over the long term.
- Stress-test finance — Factor in rate changes and lender serviceability tests.
- Choose property types wisely — Smaller units may deliver cashflow, while 3-bedroom houses usually provide tenant stability.
- Work with a local property manager — In a market as tight as Tasmania’s, rapid tenant placement and strong management is key.
Why Work With Emily Green Property?
The Tasmanian property market in 2026 offers investors a rare mix of affordability, yield, and lifestyle-driven demand. But success depends on more than numbers, it’s about investing in the right suburb, the right property type, and managing it well.
At Emily Green Property, we provide suburb-level insights, tailored property management, and investor support across Hobart and regional Tasmania. Whether you’re buying your first investment or adding to your portfolio, we’re here to help you make the most of Tasmania’s opportunities. Contact us today at Contact Us | Emily Green Property
