HOBART 7000
State: TASPosiProp AI Investment Summary
HOBART (TAS 7000) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Down -9.8%, with a median house buy price of $856,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$850,000
$1,020,000
$835,000
$856,000
Suburb Market Profile
Last month Hobart had 23 properties available for rent and 26 properties for sale. Median property prices over the last year range from $856,000 for houses to $912,500 for units. If you are looking for an investment property, consider houses in Hobart rent out for $660 PW with an annual rental yield of 3.6% and units rent for $650 PW with a rental yield of 4.6%. Hobart has seen an annual compound growth rate of -9.8% for houses and 1.5% for units.
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