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If you are looking to settle down in Australia, surrounded by natural beauty and far from the madness of the big city, Tasmania is the state for you. With Kiwis easily being able to buy property with no FIRB approvals, settling in Tassie is an easy decision. Separated from the mainland by the Bass Strait and home to nearly half a million people, the city is known as the “Island of Inspiration” to locals.

Figuring out a good place to settle down can be tough as the island state’s gorgeous landscapes give you too many choices. The lifestyle is relaxed which attracts new settlers in droves every year. It’s hard to imagine that good old Tassie began as a Penal Colony of the British way back in 1804. If you plan to settle at either Maria Island, Port Arthur, Sullivan’s Cove, or Sarah Island, you can plan a weekend trip to view what remains of these structures.

A guide towards choosing a great suburb

If it’s a quiet suburb you are looking for, then Tasmania has more than its fair share. Bucking the trend of several mainland property markets, the city’s median cost of living in a suburb has increased considerably in the past few years. Yet, you will still find both affordable and luxurious suburbs across the city.

Out of Australia’s top twenty affordable suburbs, four are situated on Tassie’s west coast itself. If you go for the cheapest, then Queentown will be your choice, where the median house value is a little over $70,000. Zeehan and Tullah closely follow with median house values of $74,000 and $78,000 respectively. These areas are well connected to schools, shopping malls, restaurants, and other small shops that make life quite comfortable.

If on the other hand, you have a slightly higher budget, then you should take a look at Hobart (Inner Ring). Properties there enjoy healthy increases on their value and is considered a prime location. Expect median house values under $400,000 here, with Glenorchy being the cheapest at around $265,594. Other popular suburbs in southern Tasmania that might pique your interest include Port Arthur, Huon Valley, D’Entrecasteaux Channel, and Launceston. Launceston is only about an hour away from Melbourne and connected by daily flights, so it’s a good location to consider for great accessibility.

If you are searching in for something on the north west Coast, then Devonport would be the place to explore as it has several apartments and is also known as the “Gateway to Tasmania”. It is connected to the mainland by the Bass Strait Ferry so commuting shouldn’t be an issue.

Getting around Tasmania

As a new resident, getting around the city will be an adventure and you will have loads of fun exploring. Good roads along with several motorways and freeways will give you scenic views wherever you go. However, being roughly the size of Ireland, don’t think you can cover the entire state in a day.

There aren’t any train services in Tasmania yet, but there are an ample number of buses which are used by locals and visitors alike to get to various sections of the city. There are cars for hire, but most people have their own vehicle if they don’t take public transport.

Look out for the Metro Tasmania bus service which operates in Hobart, Launceston, and Burnie. If you want to stay out-of-the-way like in the Channel Hwy towns located to Hobart’s south, you will still find buses plying the routes. You can also try ride-sharing via Uber that has recently started in the city or use ride-share hubs like Car Pool Australia. 

Buying property in Tasmania

Currently in Tasmania, the housing market is on the move. Listings have gone down and vacancy rates are just 0.5%. However, this doesn’t mean you won’t find affordable properties to purchase. You can get your hands on living units for as low as $300,000 in neighbourhoods that are well connected to amenities, bus stops, schools, and shops.

Some areas that are currently great for purchasing a property include areas surrounding Hobart city centre. Other suburbs like South Hobart, West Hobart, and Sandy Bay are also good choices to buy property in. However, what you should remember is that Hobart is an old part of Tasmania and have older houses that may need a bit of work. Take extra care to ensure that you check all the facilities and subject the property to a thorough inspection if you are planning to move in.

If you are wanting to buy a home in Tasmania, you can easily apply for a mortgage as the rules are similar to that of New Zealand. Apart from a few taxes you needn’t pay anything extra, but you will need to consider stamp duty, and possibly the Brightline rule may apply to you if you have a home in NZ. If you can hire a tax lawyer then you might be able to obtain exemptions or set up a process that can help ease unexpected expenses. 

Renting property in Tasmania

There are multiple rental opportunities in the city at affordable prices. You can select a neighbourhood and rent out a home that will give you the opportunity to scope out the place and see if the area is suitable for long-term living before you commit to buying a house.

Most of the challenges will lie in understanding the area in detail including its average current prices. Speaking to residents will give you a clearer idea, so start asking the locals for their opinions. Some great areas in the city which may be perfect for renting include Lenah Valley, Howrah, Blackmans Bay, Hobart, Sandy Bay, Risdon Vale, and Battery Point. The rents here can be as low as $85 or as high as $2195 which is the average at Battery Point. All of these areas are well connected by roads to the city centre and have good schools and amenities nearby.

Be aware in some suburbs, weekly rentals will be higher than your monthly mortgage instalments. Sometimes the difference can be as high as $350. If this is the case, then it might be a better idea to purchase the property instead of renting. One of these would be the Greater Hobart suburbs where more than sixty percent of properties have a lower mortgage to rent ratio. Even Sandy Bay and Risdon Vale’s median house prices command monthly mortgages that are more than $500 less than the monthly rent.

Make the move to Tasmania today

If you are thinking of moving to Tasmania, then buying is the best option for affordability and future increases on land prices. On the other hand, if you aren’t ready to purchase property just yet, the city has enough rental options across all suburbs and lifestyle types.BOnce you have decided on the best course of action which suits your circumstances, begin your research and kickstart your Tasmanian adventure. Contact Ausmove for help moving all your possession to Australia, from your furniture to your car and even your pets.

Our Fixed Price Guarantee:

Our Fixed Price Guarantee:

Unlike many other movers, we will provide you with a fixed quote based on your specific list of items.

Should you wish to add or remove any items, we will adjust our fixed quote accordingly. Hence, no nasty surprises at the end of the move process.

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Our Service Promise:

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Free In-Home Consultation:

Free In-Home Consultation:

If you are moving the majority of your household items from New Zealand to Australia, one of Ausmoves experienced relocation consultants will visit your home to establish your specific packing requirements and any unique moving needs. Learn more about moving to Australia from NZ.

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