Thinking about buying in North Hobart? Now could not be a better time, with 2276 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $579,000 with prices in this suburb ranging from $20,000 to $3,028,000. North Hobart 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.
Median Weekly Rent | $342.50 |
Median Monthly Mortgage | $1890.50 |
Median Persons Per Bedroom | 0.90 |
Average Household Size | 2.00 |
Average Age | 40.00 |
Average Income | $912.50 |
Average Cars Per Dwelling | 1.24 |
Average Properties Within 50M | 27 |
1 Bed  $319,000 |
2 Bed  $480,000 |
3 Bed  $497,000 |
4 Bed  $749,000 |
5 Bed  $1,194,000 |
6 Bed+$1,006,000 |
Consistent high demand relative to supply is a key feature in North Hobart driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in North Hobart ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in North Hobart classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in North Hobart requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
FLAT 1, 32 CARR ST, NORTH HOBART, TAS, 7000 | 4 | 1 | 1 | Offers Over $895,000 | |
UNIT 3, 207A CAMPBELL ST, NORTH HOBART, TAS, 7000 | 3 | 2 | 2 | Offers over $795,000 | |
UNIT 2, 207A CAMPBELL ST, NORTH HOBART, TAS, 7000 | 2 | 1 | 1 | Offers over $695,000 | |
UNIT 5, 209 CAMPBELL ST, NORTH HOBART, TAS, 7000 | 4 | 2 | 1 | Offers over $995,000 | |
249A ELIZABETH ST, NORTH HOBART, TAS, 7000 | 16 | 15 | 3 | Contact Agent | |
41-43 GEORGE ST, NORTH HOBART, TAS, 7000 | 6 | 2 | Expressions of Interest Over $ 1,200,000 | ||
UNIT 1, 9 MCTAVISH AV, NORTH HOBART, TAS, 7000 | 2 | 1 | 1 | Expressions of Interest | |
28 NEWDEGATE ST, NORTH HOBART, TAS, 7000 | 5 | 2 | 3 | Under Offer | |
UNIT 1, 88 BURNETT ST, NORTH HOBART, TAS, 7000 | 3 | 2 | 2 | 2000001 |
Campbell Street Primary School
The Friends' School
Elizabeth College
Lambert School
St Mary's College
Lansdowne Crescent Primary School
Sacred Heart College
Mount Stuart Primary School
Goulburn Street Primary School
St Michael's Collegiate School
(While the above schools are located with the suburb of North Hobart 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 | 1.0 | 13.6 | 23.9 | 38.0 | 80.4 | 5.0 | 23.1 |
Feb | 1.0 | 12.9 | 22.4 | 42.3 | 83.1 | 4.5 | 18.0 |
Mar | 1.2 | 12.0 | 21.4 | 43.5 | 84.0 | 4.3 | 12.8 |
Apr | 1.1 | 10.0 | 18.8 | 43.8 | 82.9 | 4.5 | 9.3 |
May | 2.0 | 7.7 | 15.4 | 49.8 | 84.9 | 4.5 | 5.9 |
Jun | 1.7 | 5.8 | 13.1 | 57.0 | 88.1 | 4.4 | 5.0 |
Jul | 1.4 | 5.3 | 13 | 52.8 | 85.2 | 4.7 | 6.0 |
Aug | 2.0 | 5.3 | 13.7 | 49.0 | 84.9 | 4.8 | 8.3 |
Sept | 1.6 | 7.4 | 16.3 | 42.4 | 84.2 | 4.8 | 12.5 |
Oct | 1.8 | 8.5 | 18.0 | 41.0 | 83.4 | 4.8 | 17.7 |
Nov | 1.7 | 10.4 | 19.8 | 40.8 | 83.1 | 5.0 | 20 |
Dec | 1.7 | 12.0 | 21.5 | 41.4 | 81.4 | 4.9 | 23.4 |
source: Australian Government Bureau of Meteorology
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