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 3.4% and has experienced a 12-month capital growth of Up 1.2%, with a median house buy price of $950,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$853,000
$950,500
$1,100,000
$950,500
Suburb Market Profile
Last month Hobart had 24 properties available for rent and 29 properties for sale. Median property prices over the last year range from $950,500 for houses to $915,000 for units. If you are looking for an investment property, consider houses in Hobart rent out for $625 PW with an annual rental yield of 3.4% and units rent for $650 PW with a rental yield of 4.4%. Hobart has seen an annual compound growth rate of 1.2% for houses and 12.6% for units.