Flood of $1m-plus Could gross sales push market to new heights

Among the finest gross sales of the season, No.11 Mona Road, Battery Level. Image: Equipped


HOW lengthy is a bit of string? This phrase involves thoughts when questioning simply what number of $1 million-plus Tassie properties can be bought this yr.

At 256 final yr, Tasmania set a brand new benchmark for gross sales at this degree and smashed the earlier excessive by 75-odd gross sales.

However guess what? The Apple Isle has already snuck previous final yr’s complete with six months left to run in 2021.

It’s simply one other instance of how a lot has modified within the native market.

These gross sales outcomes come as realestate.com.au knowledge revealed a shift in purchaser exercise in Tasmania and larger Hobart prior to now three years the place considerably extra persons are looking out within the dearer value brackets.

Breaking News Breaking News 1 Loscombe Court Moonah. LJ Hooker

1 Loscombe Court docket Moonah was bought for $1.300001 million.


Covid has pushed folks to contemplate a transfer to Tasmania slightly before they may have, says Alison Rogers.


Most of Could’s 50 high gross sales stay undisclosed proper now, which is the norm for the native market.

Among the many high gross sales, No.1 Loscombe Ct, Moonah joined the properties which have set a brand new suburb excessive. It fetched $1.300001 million.

LJ Hooker Pinnacle Property companion Alison Rogers mentioned the earlier report sale for a single residential property in Moonah was a Beresford Place house that fetched $1.1 million and was set on 6000sq m.

And the story behind that curious trying $1 on the finish of the $1.3m?

“We had been overwhelmed with the extent of curiosity the house generated. We had 50 teams by way of over the 2 opens and a number of teams wishing to make submissions,” Mrs Rogers mentioned.

“Because of the heavy competitors, I gave all people a possibility to regulate their provide.

“A pair, locals that reside close by, had been the primary to submit a contract on the property after requesting a personal inspection earlier than the open house.

“The couple determined to extend their provide to $1.3 million — unbeknown the them there was one other contract on the identical quantity — and on the final second, the spouse determined so as to add the additional greenback, hoping it will make their submission stand out.

“After I rang to congratulate them and to say that their provide had been accepted, I allow them to know there was solely a greenback distinction in it!”

Breaking News Breaking News 11 Mona Street Battery Point. Peterswald

No.11 Mona Road Battery Level can be certainly one of Tassie’s sale of the yr.


Historic Hatherley set a suburb excessive at $3.25 million.


Mrs Rogers mentioned seeing Tasmania report so many $1 million-plus gross sales was extraordinary.

She believes Covid-19 has been “considerably of an equaliser” for Tasmania and has modified the way in which folks view the state’s life-style and work alternatives.

“This has meant there are extra mainlanders who’re contemplating the transfer, maybe sooner than they as soon as would have,” she mentioned.

“They’ll usually do their job from a pc and a Zoom app and never have to attend till they retire earlier than chasing their life-style dream.”

No.35 Honeywood Drive, Sandford fetched $1.1 million.


Breaking News Breaking News 447 Macquarie Street South Hobart. Petrusma

No.447 Macquarie Road South Hobart was bought for $$1.157 million.


Among the many many magnificent gross sales in Could, two historic properties stood out: Hatherley Home which fetched $3.25 million, the very best East Launceston home value on report, and the attractive No.11 Mona St in Battery Level, which has a ‘not disclosed’ tag at present however will surely be among the best gross sales of the yr.

SOME OF MAY’S TOP SALES

1 Loscombe Ct, Moonah – LJH Pinnacle Property – $1.300001m

12 Regent St, Sandy Bay – Knight Frank – $1.1m

447 Macquarie St, South Hobart – Petrusma Property – $1.157m

215 Tara Dr, Acton Park – Petrusma Property – $1.02925m

302 Churchill Ave, Sandy Bay – Petrusma Property – $1.25m

11 Dowding Crs, New City – Petrusma Property – $1.0035m

17 Boa Vista Rd, New City – Peterswald for property – $1.7m

8 Albuera St, Battery Level – St Andrews Property Brokers – $1.553m

35 Honeywood Dr, Sandford – Lennard McLure – $1.1m

9/4A Bilton Stroll, Claremont – Moanes Actual Property – $1m

35 Silwood Ave, Howrah – Peterswald for property – $1.05m

43 Excessive St, East Launceston – Harrison Brokers – $3.25m

125 Strickland Ave, South Hobart – Petrusma Property – $1.01m

Supply: realestate.com.au

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