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Hobart
TAS, 7000

Thinking about buying in Hobart? Now could not be a better time, with 6032 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $769,000 with prices in this suburb ranging from $22,000 to $4,634,000. Hobart is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $420.84
Median Monthly Mortgage $1831.11
Median Persons Per Bedroom 0.92
Average Household Size 2.05
Average Age 36.11
Average Income $932.84
Average Cars Per Dwelling 1.32
Average Properties Within 50M 96

Housing Stock

Average Property Prices

1 Bed  $483,000
2 Bed  $667,000
3 Bed  $723,000
4 Bed  $1,036,000
5 Bed  $968,000
6 Bed+$1,181,000

Hobart Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Hobart driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Hobart ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Hobart classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Hobart requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Hobart

Elders 10 MOLLE ST, HOBART, TAS, 7000 Beds6 Bathrooms3 Parking 3 $1,250,000
Harcourts UNIT 106, BEST WESTERN HOTEL, 156 BATHURST ST, HOBART, TAS, 7000 Beds3 Bathrooms2 Parking 1 Offers Around $749,000
LJ Hooker MERRINGTON MEWS, 260 HARRINGTON ST, HOBART, TAS, 7000 Beds3 Bathrooms1 Parking 1 Offers Over $595,000
PRD FLAT 2, 64-66 MOLLE ST, HOBART, TAS, 7000 Beds2 Bathrooms1 $715,000 - $745,000
Ray White UNIT 13, 75 WARWICK ST, HOBART, TAS, 7000 Beds3 Bathrooms2 Parking 1 770000
The Agency UNIT 3, 42 GOULBURN ST, HOBART, TAS, 7000 Beds1 Bathrooms1 Parking 1 Offers Over $1.2m

Local Schools

St Michael's Collegiate School

St Mary's College

Albuera Street Primary School

Lambert School

Elizabeth College

Campbell Street Primary School

Goulburn Street Primary School

Lansdowne Crescent Primary School

South Hobart Primary School

Princes Street Primary School

(While the above schools are located with the suburb of Hobart there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Hobart weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.013.623.938.080.45.023.1
Feb1.012.922.442.383.14.518.0
Mar1.212.021.443.584.04.312.8
Apr1.110.018.843.882.94.59.3
May2.07.715.449.884.94.55.9
Jun1.75.813.157.088.14.45.0
Jul1.45.31352.885.24.76.0
Aug2.05.313.749.084.94.88.3
Sept1.67.416.342.484.24.812.5
Oct1.88.518.041.083.44.817.7
Nov1.710.419.840.883.15.020
Dec1.712.021.541.481.44.923.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

GlebeBattery PointNorth HobartQueens DomainWest HobartMount StuartRosnyDynnyrneMontagu BayNew Town

Public Transport


General Points of Interest

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