Lifestyle, prices keep sales coasting along
THENorth West was the only region in Tasmania to record an increase in house sales for the March quarter, according to the Real Estate Institute of Tasmania’s latest report.
Up19.6 per cent for the quarter and 12.6 per cent on the same time last year, the area was leaps and bounds ahead of Hobart and Launceston.
The figures were no surprise to the real estate agencies in the region.
‘‘The offices in Burnie and Wynyard have certainly seen increases in sales, but also quite a good increase in investor activity too,’’ state manager for LJ Hooker Victoria and Tasmania Paul O’Regan said.
‘‘There are some pretty attractive prices going on around there at the moment and having interest rates so low is also helping,’’ he said.
Not only had the gross number of sales risen but there was also an increase in levels of enquiry.
Director of Harcourts Burnie David Russell says his office has experienced the same thing over the past six months and suggests the coming federal electionmaybe playing a role.
This has been the case in the leadup to previous elections.
Yet neighbouring Launceston suffered a substantial decrease in house sales for the quarter, recording a 23.8 per cent drop.
‘‘They’ve seen zero population growth, with a lot of people leaving, which is impacting the activity levels and sales,’’ MrO’Regan said.
‘‘I think you have to consider some of it from a lifestyle point of view. The North West offers a different lifestyle of being close to the coast and has affordable prices. People are pretty attracted to that, more so than the metropolitan lifestyle Launceston offers.’’
JUST metres from beautiful Nutgrove Beach, the 114sqm apartment at 3/556 Sandy Bay Rd, Sandy Bay is auction of the week.
One of just four units in the complex, it is separated from the beach only by a grassy reserve.
Watch all the activity on the River Derwent from your private balcony, stock up on gourmet food from Lipscombe Larder or spend the afternoon relaxing on the grass of Sandown Park.
Featuring superbly presented formal living and dining areas, the home contains a more casual dining area adjoining the modern, well-equipped kitchen.
The main bedroom has picturesque water vistas and plenty of wardrobe space.
Neutral tones and floor coverings throughout mean any style can be adapted to suit the space.
It goes under the hammer on Saturday at noon, with an open home from 11.30am,
Contact Charlotte Peterswald’s Brian Watchorn on 0419 579 115 for more details.