Charlotte Peterswald for Property

Described as a "brilliant place to bring up a family" by the vendors, its location puts it within walking distance of Hobart's central business district and the burgeoning North Hobart café and restaurant hub.
 As the current darling of Australia's tourism industry, Tasmania has seen record growth in national and international visitor numbers over the past 12 months. In December, its capital city, Hobart, was considered the third most desirable place to visit in Australia behind Sydney and Melbourne, according to a consumer research survey conducted by Roy Morgan Research.
The boost has coincided with a booming property market, with a double-digit increase in real estate value in the past 12 months.
CoreLogic revealed Hobart property prices rose 12.3% in the 12 months to Dec. 31, almost triple the national average of 4.2% and quadruple Sydney's 3.1%.
However, at A $ 403,800 (US $ 319,500), Tasmania's median house value is still the lowest in the country, and the average time it takes to sell to property is as low as five days in some suburbs.
The island's historic homes have long been a drawcard for predominantly interstate buyers who are attracted to their charm, features, often large parcels of pastoral land and favorable prices.
The state will have a new record price if Virgin Airlines co-founder Rob Sherrard achieves his A $ 15 million (US $ 11.9 million) asking price for the Lake House he is selling at Cressy, 50 kilometers southwest of Launceston.
The sprawling 490-acre property on Delmont Road underwent an intensive three-year commercial-grade restoration and renovation, which included the installation of new wiring and plumbing while the original cedarwork network around the windows, doors, skirting boards and fireplaces were stripped back and polished

Its new French-style conservatory and Myles Baldwin-designed terraced garden and new plantings of oaks, elms, horse chestnuts and conifers conjures up visions straight from the pages of Jane Austen novel.

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