The 10 most tightly held Tasmanian suburbs: RP Data

The 10 most tightly held Tasmanian suburbs: RP Data
Jennifer DukeSeptember 21, 2014

We’re regularly told that one of the most important things about investing in property is to hold that investment for a long period of time. But how long do people tend to hold their properties for?

Here are the 10 most tightly held markets in Tasmania, for houses, based on the years held and the median prices.

  1. Stieglitz
    14 years
    $233,000

  2. Forth
    14 years
    $350,000

  3. Rose Bay
    14 years
    $428,000

  4. Summerhill
    13 years
    $243,000

  5. Swan Bay
    13 years
    $370,000

  6. Waverley
    13 years
    $159,000

  7. Kingston Beach
    13 years
    $455,000

  8. Miandetta
    13 years
    $240,000

  9. Mount Nelson
    13 years
    $518,000

  10. Cambridge
    13 years
    $513,000

Source: RP Data

Another 61 suburbs ranked as having a hold period of 10 years or more.

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

Editor's Picks

Overseas buyer shares why she chose Melbourne Square in Southbank: Urban Buyer Q&A
Zero stamp duty available at The Collection in Alphington
Consolidated Properties buys riverfront Newstead site from Mirvac
First look: Lendlease secures approval for One Darling Point
City of Sydney backs Charter Hall’s $925m Hyde Park tower