Dynnyrne

POSTAL CODE: TAS, 7005
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DYNNYRNE ranks 86th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 3.52% for the past year is lower than average compared to its 27.81% growth within a five-year period.

Also in DYNNYRNE, the median home price is sitting at $933,000, and the average rent at $597.5, this suggests property owners could potentially earn a 3.33% increase in gross rental yield.

Property investors have seen a 1.69% gain in DYNNYRNE 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 7.12% growth over a ten-year period. It ranks 1846th on our list of suburbs that property investors should look into.

Surburb overview

Dynnyrne, with the postcode 7005, is a suburb located approximately 3 kilometres south of Hobart’s central business district in Tasmania. Known for its hilly terrain, lush greenery, and stunning views of the Derwent River and Mount Wellington, Dynnyrne offers a peaceful residential environment while being close to urban amenities. The population of Dynnyrne is around 1,500 residents, primarily consisting of families, professionals, and retirees, contributing to a diverse and vibrant community.

Dynnyrne falls under the jurisdiction of the City of Hobart, which ensures well-maintained infrastructure and community services. Public transportation is well-served by Metro Tasmania buses, providing regular services to Hobart’s CBD and surrounding areas, making commuting convenient for residents. Additionally, the suburb is easily accessible by road, with the Southern Outlet providing a direct route to the city.

Educational facilities near Dynnyrne include several reputable schools in the neighbouring suburbs of Sandy Bay and South Hobart. These include The Hutchins School, St Michael's Collegiate School, and Mount Carmel College, catering to primary and secondary education needs. The University of Tasmania’s Sandy Bay campus is also nearby, attracting students and academics to the area.

For shopping and essential services, residents of Dynnyrne often visit the nearby Sandy Bay precinct, which offers a variety of retail stores, supermarkets, cafes, and dining options. The Hobart CBD provides more extensive shopping and entertainment facilities, including major retail centres, restaurants, and cultural attractions.

The nearby Waterworks Reserve is a popular local spot featuring walking trails, picnic areas, and scenic views, making it ideal for family outings and outdoor activities. The suburb’s proximity to Mount Wellington provides additional opportunities for hiking, mountain biking, and enjoying the stunning natural landscapes.

Residents of Dynnyrne benefit from its proximity to Hobart, allowing easy access to the city’s cultural and recreational attractions, including the Royal Tasmanian Botanical Gardens, the Tasmanian Museum and Art Gallery, and the bustling Salamanca Market. The suburb's strategic location makes it a convenient base for exploring the natural beauty of the surrounding region, including the iconic Mount Wellington.

Dynnyrne combines the tranquillity of suburban living with the convenience of nearby urban amenities, making it an attractive suburb for a diverse range of residents. The suburb’s natural beauty, recreational opportunities, and community atmosphere enhance its appeal as a desirable place to live in Tasmania.

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