Business
What does the sale of a run-down cottage say about Tasmania’s property market? – ABC News
It appears the coronavirus pandemic is doing little to slow down Tasmania’s property market, with one suburb marking a record sale and a ramshackle inner-city cottage attracting a hefty price tag.
Run-down, ramshackle and filthy are some of the words that could be used to describe 17 William Street, West Hobart.
Key points:
- A run-down cottage in West Hobart sold for $435,000 at auction at the weekend
- After four days on the market, a home at Seven Mile set a record sale price for the suburb
- Real estate experts say house prices in Tasmania will likely remain stable despite the coronavirus pandemic
But there is another word attached to the townhouse that …
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