Spreyton, Upper Burnie, Trevallyn and East Launceston (houses) and Legana and Invermay (units) all figured in the top 10 suburbs forecast for imminent strong growth in property prices.

The latest quarterly Well Home Loans Green Shoots Report also listed Southern areas Carlton, Montrose, Geilston Bay and Acton Park (all for houses) among the top 10 suburbs "showing telltale signs that strong price growth is just around the corner".

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The ratings were based on the number of properties on the market decreasing, days on market decreasing and asking prices increasing, all over the past three months.

Well Home Loans chief executive Scott Spencer said the report, based on data from property research consultancy Suburbtrends, showed "a nice diversity of promising housing markets around Tasmania".

"So, for many Tasmanians, there might be a nearby housing market where prices look set to accelerate in the not-too-distant future.

"That provides you with a potential opportunity if you're thinking about buying."

He said the report contained valuable data for anyone thinking about buying a property, from investors to first home buyers.

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"The Well Home Loans Green Shoots Report doesn't just look in the rear view mirror, like a lot of reports," Mr Spencer said.

"This one analyses key leading indicators, so buyers can understand which markets are likely to show strong price growth in the medium term.

"Inventory levels is a really important leading indicator because it tells you whether the balance between supply and demand is trending in favour of vendors or buyers."

"When days on market are trending down, it tells you buyers are being forced to fight harder for properties, which puts upwards pressure on prices.

"All of this translates into asking prices.

"When vendors feel the market turning in their favour, they start increasing their asking prices."

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