Hobart’s cheap suburbs stare down a six-figure increase

If Hobart home prices rise at the average pace of the past three decades, they will hit eye-watering new highs by 2030. Picture: SAM ROSEWARNE

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HOBART’S most affordable suburbs could be in for a six-figure increase by 2030.

Last week, a joint study by Aussie Home Loans and CoreLogic looked at prices over the past three decades and revealed a gigantic 326 per cent lift in Hobart dwelling values.

This equated to an annual growth rate of 4.9 per cent for the southernmost capital city’s…