The East Coast of Tasmania is the crowning jewel in Tasmania’s impressive line-up of holiday hot spots. Think endless blue horizons, various shades of crystal clear waters, white sandy beaches and impressive red rock bays. It is, quite simply, mesmerising.
With a reputation for one of the most beautiful locations in all of Australia, it is no surprise tourists flock to the East Coast of Tasmania throughout the summer months. Popular towns include Binalong Bay, Coles Bay, St Helens, Scamander and Bicheno. Each of these beachside communities has its own unique personality and surprisingly for investors, there is quite a variation in the property market between the towns.
For visitors to the East Coast of Tasmania, popular destinations include the dramatic red rocks of the Bay of Fires, the crystal blue water of Wineglass Bay and the beachy town of Bicheno. This makes the three tourist-heavy towns on Binalong, Coles Bay and Bicheno great investment opportunities. However, any local Tasmanian will tell you there are some equally great investment opportunities in neighbouring towns which are more popular with Tasmanian holidaymakers. Towns such as St Helens, Scamander and Swansea are similarly great investment opportunities as there is a severe undersupply of dwellings and an ongoing desire for properties in these locations.
While there is a lot to understand about the market in the East Coast of Tasmania, you will never be disappointed by investing in this part of the state. This region is always surprising us in growth trends as it continues to be the most sought-after area in Tasmania for holiday homes and lifestyle relocations.
