Glebe, a charming suburb in Hobart, Tasmania, offers a unique blend of historic charm and modern convenience, making it an attractive location for homebuyers and renters alike. The housing market in Glebe is characterized by its beautiful period homes, often featuring Victorian and Federation-style architecture, which appeal to those looking for distinctive and character-rich properties. Over recent years, Glebe has seen a steady increase in property values, reflecting its desirability and the limited availability of housing in the area. The demand for homes in this suburb is driven by its close proximity to the Hobart CBD, making it a convenient spot for professionals who work in the city but prefer a more tranquil residential setting.
Living in Glebe offers residents a peaceful and community-oriented lifestyle. The suburb is nestled next to the scenic Queens Domain, providing ample opportunities for outdoor activities such as walking, cycling, and picnicking with stunning views of the Derwent River. The close-knit community hosts various events and gatherings at local venues, fostering a welcoming and friendly atmosphere. Additionally, local amenities, including cafes and shops, contribute to a comfortable and convenient lifestyle. The blend of natural beauty, rich history, and proximity to central Hobart makes Glebe a desirable place to call home for families, retirees, and young professionals alike.
| Median Weekly Rent | $450.00 |
| Median Monthly Mortgage | $1511.00 |
| Median Persons Per bed houseroom | 0.90 |
| Average Household Size | 2.00 |
| Average Age | 33.00 |
| Average Income | $1078.00 |
| Average Cars Per Dwelling | 1.49 |
| Average Properties Within 50M | 18 |
| Typical 2 bed house | $304,000 |
| Typical 3 bed house | $515,000 |
| Typical 4 bed house | $999,000 |
| Typical 5 bed house | $449,000 |
| Typical 6 bed+ house | $478,000 |
Housing Stock
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Thinking about buying in Glebe? Now could not be a better time, with just 369 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $595,000 with prices in this suburb ranging from $15,000 to $2,146,000. Glebe is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Glebe there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Glebe due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Glebe provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Glebe necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Glebe the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationCampbell Street Primary School
Lambert School
Elizabeth College
The Friends' School
St Mary's College
St Michael's Collegiate School
Goulburn Street Primary School
Albuera Street Primary School
Lansdowne Crescent Primary School
Sacred Heart College
(While the above schools are located with the suburb of Glebe there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.3 | 20.8 | 34.1 | 31.6 | 84.9 | 3.0 | 25.1 |
| Feb | 2.8 | 20 | 33.0 | 34.4 | 87.1 | 2.8 | 23.3 |
| Mar | 2.5 | 18.4 | 31.5 | 36.3 | 90.7 | 2.4 | 19.8 |
| Apr | 0.7 | 13.2 | 27.8 | 34.0 | 93.8 | 1.8 | 18.2 |
| May | 0.8 | 7.9 | 23.6 | 35.2 | 95.9 | 1.5 | 14.9 |
| Jun | 1.3 | 6 | 20.4 | 41.4 | 96.9 | 1.6 | 12.8 |
| Jul | 0.7 | 4.7 | 20.6 | 37.4 | 96.9 | 1.6 | 14.0 |
| Aug | 0.7 | 5.3 | 23.3 | 25.7 | 91.9 | 1.9 | 17.0 |
| Sept | 1.0 | 9.2 | 26.9 | 22.7 | 88.8 | 2.2 | 21.1 |
| Oct | 1.2 | 13.7 | 30.0 | 23.9 | 84.2 | 2.7 | 24.4 |
| Nov | 1.2 | 17.4 | 33.0 | 24.5 | 81.6 | 2.9 | 26.9 |
| Dec | 3.4 | 19.3 | 33.7 | 28.9 | 82.3 | 2.9 | 27.4 |
source: Australian Government Bureau of Meteorology
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