TASMANIAN home owners have lost significant value in their homes during the past two years, a new report shows.
The 2013-14 State of the Regions report was released yesterday by the Local Government Association of Australia for 67 regions across the nation.
The snapshot of life in Tasmania's three regions reveals the average value of dwellings in the Hobart South region has fallen from $405,000 in 2010 to $341,300 this year.
It compares with $269,500 in northern Tasmania and $245,700 in the North-West.
Hobart's average per capita income fell from $22,133 to $20,700 during the same period while 43.4 per cent of people were not in employment.
Average wealth per household in Hobart dropped from $571,000 at the start of the global financial crisis in 2008 to $539,000 this year a ranking of 25th in Australia.
The Hobart region has an above average share of its people on social security, with 5.24 per cent on disability support, compared with the national average of 3.3 per cent, and a higher than national average of long-term unemployed.
The population has been getting older, on average, with 30.3 per cent aged over 55, compared with 24.7 per cent in 2003.
Only 24.4 per cent of the population are under 19, compared with 27.2 per cent in 2003.
In Northern Tasmania, 31.6 per cent are older than 55 and, in the North-West, 32.2 per cent.
Tasmanians are a stable lot, with 58.6 per cent still living at the same address as they did in 2006.
Although getting warmer, northern Tasmania (ranked No. 67) and the North-West (66) are the two coolest regions in Australia while southern Tasmania comes in at 62nd with an average temperature of 15C.