2. TAS
  3. Hobart

Houses Units

Here you can find what you need to know about North 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

$985K Median Sale Price (National Average $485k) 9th In TAS
18.18% Median Sale Price Change (1yr) (National Average 4.30%) 6th In TAS
$580pw Median Rent (National Average $395) 14th In TAS
3.1% Median Gross Yield (National Average 4.24%) 106th In TAS
Properties sold 32
Average discounting -9.20%
Average Days on Market 68
Stock on Market 29 for sale

Investment Strategy Scores

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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.

North 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.

North 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.

North 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.

Property Prices in North Hobart


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State Auction Clearance Rates


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Local Schools


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Suburb Information

North Hobart, TAS 7000

Part of: Hobart Council No data available

The size of North Hobart is approximately 1 square kilometres. It has 3 parks covering nearly 5.6% of total area. The population of North Hobart in 2011 was 2,653 people. By 2016 the population was 2,511 showing a population decline of 5.4% in the area during that time. The predominant age group in North Hobart is 20-29 years. Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation. In 2011, 45.1% of the homes in North Hobart were owner-occupied compared with 41.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in North Hobart

Demographic data provided
by Australian Bureau of Statistics

Market Trends for North Hobart   for Houses in last 12 months


There have been 32 Houses sold in North Hobart in the past 12 months with a median sale price of $985K, up 18.2% annually. It takes on average 62 days to sell with vendor discounting of -9.2%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Taroona TAS, 7053 -9.60% $895,000 $615pw 3.6% View Suburb Profile
West Hobart TAS, 7000 -4.74% $905,000 $598pw 3.4% View Suburb Profile
North Ipswich QLD, 4305 34.07% $610,000 $480pw 4.1% View Suburb Profile
South Hobart TAS, 7004 4.07% $870,000 $550pw 3.3% View Suburb Profile
Hobart TAS, 7000 Unavailable $1,300,000 $583pw 2.3% View Suburb Profile
New Town TAS, 7008 -4.35% $880,000 $590pw 3.5% View Suburb Profile

Currency

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