The Smartline Report - Home Loan News NOVEMBER 2009 Smartline - Personal Mortgage Advisers
   

 

 

The month in review: Tasmania

By Herron Todd White
November, 2009

 

The big infrastructure topic in the north are the state of the roads. While the Midland Highway is shaping as a major election issue for the state poll in March, the condition of many of our main roads has attracted a lot of publicity recently. Readers on the “big” island (mainland)
might have forgotten what rain is but we down south have started building arks! The very wet winter/early spring has caused damage to many of the roads; the ongoing rain has meant they have not been able to dry and thus be repaired.


Talking about the Midland Highway..... The liberals want 4 lanes, labour (state government) “say me too” (where needed....) but no one is actually saying when it will happen. Life in the apple isle is laid back.


Launceston is the home of university and maritime tertiary campuses. The students these facilities attract (many overseas students to the maritime college) under pins pricing for investment units and residential housing within the sub $300,000 price bracket through the
Mowbray (especially) and Newnham, Alanvale, Invermay and Mayfield suburbs.


Just to the south of the CBD is the regions public general hospital. Its work force ensures the surrounding suburb of South Launceston similarly has little problem attracting tenants. While its upgrading announced by the government will result in short term employment, it is doubtful whether any relief will be felt within the stretched public sector.

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