In many ways, we live in uncertain times and it's natural to want some certainty when we are investing for the future.
After the Global Financial Crisis of 2007 and 2008 many investors turned to more tangible and ethical investments. Even people without funds to invest were able to direct their superannuation funds to invest in "ethical" or "socially aware" investment options.
In addition to the capital growth, ethical investors can also sleep soundly knowing that their investments are doing some good.
Obviously, at Tasman Ecovillage we are not qualified to give financial advice but we do believe that investing in Tasman Ecovillage property is a sound ethical choice and is doing some good for the future.
There are already quite a few investors in Tasman Ecovillage who have purchased 2-bedroom motel apartments and residential lots. The apartments are leased out to the motel or sometimes to longer term tenants. Another investor has invested his self managed super fund to provide a home loan to a family, enabling them to build their home at Tasman Ecovillage.
Given the low vacancy rate in Nubeena (usually less than 1%), rental properties are always in high demand. Smart investors can often increase returns by setting up homes for short term AirBnB or similar rentals especially during the summer and other holiday periods.
In terms of property investment, urban and rural Tasmania have not been previously renowned for capital growth although this seems to have changed since around 2017 when capital growth in Hobart exceeded capital growth in Sydney and the Tasmanian suburb with the highest home value growth was Eaglehawk Neck, not far from Tasman Ecovillage.
Hopefully this information convinces you to take a closer look at investing in an Ecovillage in Tasmania.
May 2018 Update:
Sydney, Melbourne and most other capital city property values are currently in decline. Hobart has had the highest growth over the last month, quarter and year. With 12.7% growth over the last year, Hobart is way ahead of the next best capital city which was Brisbane with 2.3%. For more details, see: Housing market posts first annual drop in 6 years, driven by Sydney and Melbourne.
November 2018 Update:
Property in regional Tasmania is booming with house prices increasing more than 11 per cent, better than anywhere else in Australia over the past year. Some interstate buyers are purchasing property unseen so they don't miss out. For more information, see: Regional Tasmania becomes Australia's hottest property as Hobart looks set to outprice Perth.
March 2019 Update:
Hobart and Tasmania continue to lead the nation with many locations enjoying double digit annual price growth. For more information, see: Nowhere in Tasmania has seen less than 5% property price growth in 12 months.
January 2021 Update:
Home price increases in regional Australia have out performed capital cities for the first time in 15 years with the biggest increase in regional Tasmania where house values jumped 11.9 per cent over the past 12 months.
It appears that COVID-19 has contributed to the rural relocation trend and it looks likely this trend is set to continue during 2021.
For more details, see: House prices rise with regional market outperforming capital cities, CoreLogic data shows.
May 2021 Update:
According to CoreLogic, dwelling values in regional Tasmania, increased 7.7% over the January to April quarter, which was the highest uplift of any non-metropolitan market.
July 2021 Update:
During the last month of the financial year, the highest property growth rate in a capital city was a 3% increase in Hobart and the highest property growth rate outside the capitals was a 2.8% increase in regional Tasmania.
For more details, see: New report reveals regional Australia experiencing property price gains not witnessed since 2004.