AREA REPORTS

Hobart

TAS/
Hobart

Suburb Profile

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

house
unit
HOBART ranks 6th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -2.1% for the past year is lower than average compared to its 53.52% growth within a five-year period.

Also in HOBART, the median home price is sitting at $675,500, and the average rent at $575, this suggests property owners could potentially earn a 4.43% increase in gross rental yield.

Property investors have seen a -0.66% drop in HOBART based on a decrease 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 7.44% growth over a ten-year period. It ranks 99th 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 $675,500 $615,000
GROWTH REPORT
Median Quarterly -0.66% -1.91%
Median 12 month -2.1% -0.81%
Median 3 years 27.45% 28.8%
Median 5 years 53.52% 24.75%
10 years average annual 7.44% 3.71%
Weekly media advert. rent $575 $500
Time on Market 11.5 days 29.7 days
Gross Rental Yield Percent 4.43% 4.23%
demographics (median values)
Total Population
1741
Weekly Household Income
1056
Household Size
2.10
demographics
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