The final span of Hobart’s controversial Bridge of Remembrance will finally go ahead in what will be a fourth attempt next week. Contractors Fulton Hogan have confirmed the lifting of the $11 million bridge will occur on the weekend of January 18 to 21, after receiving approval from the Department of State Growth. Poor weather and concerns about the bridge’s aesthetic appearance have forced the raising of the span to be postponed until now. ABC (08/01/19)
Cascade Brewery has ruled out any future residential development on the 250ha of bushland it owns at the foot of kunanyi/Mt Wellington. It has also elected to retain ownership of the land rather than relinquish it to Hobart City Council. Carlton and United Breweries, owners of Cascade Brewery and the associated land, says it wants to continue working with the council to develop a vision for the land that will benefit Hobart. The Mercury (07/01/19)
Hobart Lord Mayor Anna Reynolds has been accused of planning to strip tourism dollars from Tasmanian businesses to subsidise her pet projects to compete with them. But Alderman Reynolds said it was incumbent on council representatives to have an open mind to discuss policy ideas that may help improve Hobart tourism infrastructure without burdening ratepayers. A slight majority of 57 per cent say the state should introduce a visitor levy, while 43 per cent are opposed to the idea,according to an exclusive Mercury survey. The Mercury (06/01/19)
Ownership of Macquarie Street and Davey Street has been officially transferred to the Tasmanian Government which will enable the effective management of these roads as key connectors to the major arterial roads into the CBD. The first step to improve traffic flow through the Hobart CBD will involve changes to traffic signals at a number of intersections throughout the city. Premier (05/01/19)
DESPITE enduring a well-documented housing crisis, home prices in Hobart remain the best performing of all Australian capital cities — and they are tipped to remain a hotbed for investment this year. But CoreLogic head of research Tim Lawson warned that unless the undersupply of housing in Hobart was addressed, affordability pressures on renters would remain. The Mercury (02/01/2019)
A record low number of Greater Hobart homeowners failed to make a profit when selling their home in the September quarter, CoreLogic has revealed. In its latest Pain and Gain report, CoreLogic said that only 0.7 per cent of resold Hobart properties were let go for a price below what was previously paid for them. Hobart and the Derwent Valley led the charge, with every sale making a profit. In the previous quarter, 90.9 per cent of Derwent Valley sales were at a profit, as were 97.4 per cent in Hobart. Brighton’s percentage of profit-making sales rose from 98.2 per cent to 98.5 per cent; Clarence from 98 per cent to 99.4 per cent; Glenorchy from 96.5 per cent to 99.3 per cent; Kingborough 98.6 per cent to 99 per cent; and Sorell barely moved from 98.2 per cent to 98.1 per cent. News (11/01/19)
Get an online appraisal delivered to your phone and email, simply provide the details below and our team will be in touch with an online appraisal of your home.