Hobart TAS 7000

Here you can find what you need to know about Hobart, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$658k Median Sale Price (National Average $485k) 14th In TAS
12.30% Median Price Change (1 yr) (National Average 4.30%) 85th In TAS
$580pw Median Rent (National Average $395) 3rd In TAS
4.6% Median Gross Yield (National Average 4.24%) 94th In TAS
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Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Hobart, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Hobart, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Hobart, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Hobart


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State Auction Clearance Rates - November 2018

Auctions Clearance rate
TAS 3 67%
ACT 108 40%
NSW 844 42%
NT 12 27%
QLD 139 34%
SA 123 46%
VIC 1,127 46%
WA 42 21%

Local Schools


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Suburb Information

Hobart, TAS 7000

Part of: Hobart Council No data available

The size of Hobart is approximately 2.1 square kilometres. It has 6 parks covering nearly 1.7% of total area. The population of Hobart in 2011 was 2,102 people. By 2016 the population was 2,298 showing a population growth of 9.3% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation. In 2011, 31.3% of the homes in Hobart were owner-occupied compared with 26.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Hobart

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Hobart   for Houses in last 12 months


There have been 16 Houses sold in Hobart in the past 12 months with a median sale price of $658K, up 12.3% annually. It takes on average 36 days to sell with vendor discounting of -3.66%.

Streets in Hobart


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Taroona TAS, 7053 28.55% $707,000 $480pw 3.5% View Suburb Profile
West Hobart TAS, 7000 8.70% $681,000 $538pw 4.1% View Suburb Profile
Glenorchy TAS, 7010 16.67% $350,000 $380pw 5.7% View Suburb Profile
Launceston TAS, 7250 9.85% $485,000 $380pw 4.1% View Suburb Profile
South Hobart TAS, 7004 15.67% $620,000 $495pw 4.2% View Suburb Profile
Howrah TAS, 7018 13.49% $488,000 $430pw 4.6% View Suburb Profile