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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

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