Hobart
The largest city, chief port, and capital of Tasmania, Australia
Hobart offers a charming blend of rich history, as Australia second oldest capital city.
The Hobart team at Lewis Valuations + Advisory are engaged to carry out commercial office, retail and industrial valuations. The team has completed over 20 NDIS valuations for houses and small unit developments.
We provide valuations throughout the whole of Tasmania, north to Launceston and south to Hobart.
As a satellite office, availability can be limited but our valuer brings a wealth of experience to the Lewis Valuations + Advisory team.
Hobart will see approx. $1.1B of new projects commencing construction in 2025. The Macquarie Point Waterfront/Hobart Railyard Redevelopment ($300.0M) and Macquarie Wharf Redevelopment ($240.0M) are large redevelopment projects that will assist in reshaping Hobart’s waterfront. With only 52 standalone dwellings planned for 2025, there will be an undersupply of new houses. This will put pressure on property prices.
The Tasmanian commercial property landscape continues to evolve, offering diverse opportunities across retail, office, industrial, and tourism sectors. With robust fundamentals across all sectors and optimism for potential interest rate cuts, Tasmania’s commercial property market is well-positioned for 2025.