Launceston Weekly Real Estate Report

Activity has been good over the past week with surprising activity at the high end of the market – $500,000 plus. It seem that first home buyers on the First Home Owners Grant (FHOG) are thinning out and we are coming across local investors who have learnt to act quickly on putting in offers as they have missed to the first home buyers who were bolting from the blocks securing properties. Have seen strong interstate enquiry on all properties throughout Launceston although the high end has been much stronger with people cashing out of mainland homes into their Tassie dream home for half the price or even less!

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