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Hobart

Suburb Profile

Hobart - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7000

house
unit
HOBART ranks 145th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 6.88% for the past year is lower than average compared to its 67.91% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in HOBART, the median home price is sitting at $722,000, and the average rent at $550, this suggests property owners could potentially earn a 3.96% increase in gross rental yield.

Property investors have seen a 0.98% gain in HOBART based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.43% growth over a ten-year period. It ranks 941st on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $722,000 $680,500
GROWTH REPORT
Median Quarterly 0.98% 0.07%
Median 12 month 6.88% 9.76%
Median 3 years 20.33% 47.93%
Median 5 years 67.91% 42.51%
10 years average annual 6.43% 5.06%
Weekly media advert. rent $550 $500
Time on Market 0.0 days 62.2 days
Gross Rental Yield Percent 3.96% 3.82%
demographics (median values)
Total Population
1741
Weekly Household Income
1056
Household Size
2.10
demographics
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