While the main focus of smaller property investors in the lead up to December 2005 was the north coast of NSW and Queensland, there has been mounting interest in the Hobart property market of late.
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CST Properties, in Sydney, is marketing the Mercure Hotel Hobart.
CST Properties agent, Con Tastzidis, said Tasmania is experiencing its best ever economic conditions, influenced by employment growth, increasing private investment, record levels of business confidence and a number of large infrastructure projects.
Overseas exports in Tasmania have increased by 14.3% to $2.57 billion during the June 2004 to May 2005 period, signalling further proof of the state's economic growth.
Exports represent 22% of Tasmania's Gross State Product. The state exports to more than 100 countries from a diversity of industry sectors including agribusiness, aquaculture, manufacturing, education, marine industries, services, tourism and the arts, and information and communications technology.
"Thanks to the current pro active state government, Tasmania is no longer regarded as being as isolated as in the past," said Mr Tastzidis.
"The purchase of three superfast ferries has transformed the Tasmanian tourism industry, dramatically increasing visitor numbers to the state and also providing new opportunities for the movement of freight," added Mr Tastzidis.
Tasmania has nearly 800,000 visitors each year, which is nearly double the 1998 figure.
View details of the Mecure Hobart Hotel
