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Investment Property West Hobart, TAS, 7000

Suburb Snapshot

West Hobart is a suburb in the Hobart Region of Tasmania. West Hobart has a population of 5,956 people and 31.20% of its occupants live in rental accommodation. The median listing price for houses is $950,000 and this has changed 0.00% over the past year and changed -4.53% over 2 years.

The median rent in West Hobart for houses is $600 per week and the median rental yield is 3.28%. Stock on the market for houses/townhouses has changed 20.69% compared to last year and the average time to sell a house/townhouse is 98 days.The median listing price for units is $532,500 and this has changed NA over the past year. The average unit takes 85 days to sell and the median rent for a unit in West Hobart is $450 per week, producing a rental yield of 4.39%.

Supply & Demand in West Hobart, Hobart

0.70%

Current vacancy rate


21

Rental stock available


5,956

Population


31.20%

Rental population


0.80%

Current vacancy rate


213

Rental stock available


50,445

Population


30.68%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for West Hobart, Hobart

  House Townhouses Units
Median listing price $950,000 NA $532,500
Median price change - last quarter 0.00% NA 0.00%
Median price change - 1 year 0.00% NA NA
Median price change - 2 years -4.53% NA NA
  House Townhouses Units
Median weekly rent $600 $520 $450
Median yield % 3.28% NA 4.39%
Median rent change - 1 year 3.44% -1.89% 1.12%
  House Units
Previous month sales 8 3
Stock on market previous month 35 17
Stock variance vs. last year 20.69% 325.00%
Average days on market 98 85

West Hobart investment property listings

Showing 1 of 1 investment properties found in West Hobart on realestateinvestar.com.au

43 Faraday St, West Hobart

$895,000

property pic

Timeless 1920s Charm with Captivating City & River Views

Set within one of West Hobart's most admired and tightly held streets, 43 Faraday Street is a striking example of 1920s architecture. Solid double brick, enduring in its craftsmanship and rich in original detail and elevated to capture sweeping views across the city skyline and the River Derwent, ...

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TAS 7000


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