NORTH HOBART 7000
State: TASPosiProp AI Investment Summary
NORTH 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 10.1%, with a median house buy price of $936,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$808,500
$907,000
$1,167,500
$936,000
Suburb Market Profile
Last month North Hobart had 18 properties available for rent and 15 properties for sale. Median property prices over the last year range from $936,000 for houses to $720,000 for units. If you are looking for an investment property, consider houses in North Hobart rent out for $640 PW with an annual rental yield of 3.4% and units rent for $528 PW with a rental yield of 4.2%. North Hobart has seen an annual compound growth rate of 10.1% for houses and -7.7% for units.