Cool change: The affordable suburbs where new buyers are bringing the heat

Buyer demand has shot up in these affordable areas as interstate migrants look to areas where the temperature is lower.Tasmania has emerged as a magnet for interstate buyers plotting a move from the warmer states to escape the heat.Australia’s coldest state is increasingly on buyers’ radars, with agents reporting a rise in interest from interstate buyers seeking a cool change.Data tracking the number of enquiries per listing on realestate.com.au shows a significant increase in buyer interest in many suburbs across regional Tasmania, particularly in areas where prices are much cheaper than the mainland.While Tasmania has recently been targeted by mainland investors looking for strong rental yields and first-home buyers seeking affordable prices, many buyers are fleeing the hottest parts of the country and heading south to take advantage of the cooler climate.Regional Tasmanian suburbs where buyer demand is rising mostSource: PropTrack. Suburbs ranked by YoY change in enquiries per listing. Excludes suburbs with fewer than 30 listings in the year to June 2026.SuburbMedian house value (AVM)YoY change in enquiries per listing1Upper Burnie$546,000259%2Shorewell Park$448,000181%3Newnham$...