As the property market slowed across most major markets, Tasmania’s centres of Hobart, Launceston, and Devonport performed quite strongly, according to data from Cotality. McGrath Estate Agents founder John McGrath said the strength of Tasmania’s property market was rooted in infrastructure investment projects. With more than 1.4 million visitors in the year to March, and $3.8 billion in visitor spending, the state’s broader economy continues to strengthen alongside its property market. A recent report from Property Investment Professionals of Australia (PIPA) had identified Tasmania as a property market poised to capitalise on the influx of buyers seeking the combination of affordability and lifestyle benefits. Loading form...“As we head towards Spring, and the overall property market continues to change, I believe Tasmania’s property market will experience further upside.”