Thinking about buying in South Hobart? Now could not be a better time, with 3510 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $519,000 with prices in this suburb ranging from $25,000 to $5,084,000. South Hobart is located fairly close to the coast at just 5Km 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 | $377.75 |
Median Monthly Mortgage | $1684.92 |
Median Persons Per Bedroom | 0.89 |
Average Household Size | 2.67 |
Average Age | 40.25 |
Average Income | $927.58 |
Average Cars Per Dwelling | 1.65 |
Average Properties Within 50M | 20 |
1 Bed  $296,000 |
2 Bed  $423,000 |
3 Bed  $553,000 |
4 Bed  $767,000 |
5 Bed  $1,057,000 |
6 Bed+$1,442,000 |
Consistent high demand relative to supply is a key feature in South Hobart driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in South 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 South 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 South 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.
South Hobart is an inner suburb of the city of Hobart, Tasmania. A post office first opened in the region in 1874 and was named Hobart South by 1895. South Hobart is within the City of Hobart Local Government Area and has a population of over 5,000 people. Known for its unique and beautiful architecture, South Hobart is full of history and culture and is home to a number of heritage sites and landmarks, from the All Saints Anglican Church to the oldest brewery in Australia. The suburb is also known for its forward-thinking view on environmental issues, as well as its strong sense of community.
South Hobart is next door to the heart of Hobart, sharing a border with the Central Business District of the state capital, as well as a number of other prevalent suburbs such as Dynnrne and West Hobart. This central location makes it an incredibly convenient place for those who work in the business district and/or in central Hobart. South Hobart is easily accessible by road, via Huon Road, furthering its suitability for commuters. All in all, South Hobart is a sought-after suburb located right next to the bustling centre of Tasmania’s capital.
16 LOUDEN ST, SOUTH HOBART, TAS, 7004 | 3 | 1 | 3 | Offers over $750,000 | |
10A WELLESLEY ST, SOUTH HOBART, TAS, 7004 | $335,000+ | ||||
354 MACQUARIE ST, SOUTH HOBART, TAS, 7004 | 3 | 2 | 2 | Price Reduction offers over $800,000 | |
UNIT 1, 197 STRICKLAND AV, SOUTH HOBART, TAS, 7004 | 2 | 1 | 2 | Offers Over $575,000 |
South Hobart Primary School
Goulburn Street Primary School
Princes Street Primary School
Albuera Street Primary School
St Michael's Collegiate School
St Mary's College
Lansdowne Crescent Primary School
Elizabeth College
Mount Stuart Primary School
Mount Carmel College
(While the above schools are located with the suburb of South 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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