AREA REPORTS

Hobart

Suburb Profile

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

house
unit
HOBART ranks 11th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 12.3% for the past year is higher than average compared to its 41.4% 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 $657,500, and the average rent at $580, this suggests property owners could potentially earn a 4.59% increase in gross rental yield.

Property investors have seen a -3.66% drop in HOBART based on a decrease in median home prices for the past three months.

They believe that homeowners and real estate investors betting on HOBART, 7000 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 12.3%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.78% growth over a ten-year period. It ranks 178th 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 $657,500 $627,000
GROWTH REPORT
Median Quarterly -3.66% -0.63%
Median 12 month 12.3% 9.04%
Median 3 years 48.42% 31.31%
Median 5 years 41.4% 49.29%
10 years average annual 6.78% 6.73%
Weekly media advert. rent $580 $550
Time on Market 0.0 days 25.1 days
Gross Rental Yield Percent 4.59% 4.56%
demographics (median values)
Total Population
1741
Weekly Household Income
1056
Household Size
2.10
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Office space

Office investment in Melbourne is boosting resi investment

Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...

Western Sydney airport

New suburb offering long-term gains for investors

The new Western Sydney Airport is set to bring investors new opportunities, a homebuilder has suggested, with the surrounding ‘Aerotropoli...

Research data

How to get your property research right

An informed property investor is a smart property investor, with one property expert stating preparation is the key to a successful investme...

House key

Landlords vital for home ownership, expert says

Landlords are often blamed for affordability issues, but one property expert and property investor refutes this, arguing that landlords can ...

Property investment

The role of financial advisers in property investment

Financial advisers are not as in-demand as other professionals in the property investment landscape, but experts believe that they are just ...

Hobart

The top 50 regions of growing and declining dwelling value

New data has revealed the top 50 regions across the country that experienced the highest increase in dwelling values over the last year, as ...