Browse property in Tasmania

Overview

Tasmania is home to 573,479 residents (June 2023), with roughly 40 % concentrated in the Greater Hobart area and the remainder spread across a network of smaller regional centres such as Launceston, Devonport, Burnie and Ulverstone. The state is the most decentralised in Australia, meaning housing stock ranges from urban apartments and townhouses in Hobart to detached homes and farm‑style properties in the Midlands and coastal towns, reflecting a low‑density, mixed‑type market across the island.

The Tasmanian economy ranks as the second‑smallest among Australian states, driven mainly by tourism, agriculture, aquaculture, education and healthcare. These sectors generate a steady demand for rental accommodation, particularly in tourist hotspots and university towns, shaping a rental market that is closely linked to seasonal visitor flows and the state’s broader employment base. Overall, the combination of a modest economy and a dispersed population contributes to a housing landscape that is generally more affordable than that of mainland capital cities.