SOUTH HOBART 7004
State: TASPosiProp AI Investment Summary
SOUTH HOBART (TAS 7004) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Down -2.3%, with a median house buy price of $850,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$805,000
$847,500
$935,000
$850,000
Suburb Market Profile
Last month South Hobart had 9 properties available for rent and 31 properties for sale. Median property prices over the last year range from $850,000 for houses to $605,000 for units. If you are looking for an investment property, consider houses in South Hobart rent out for $595 PW with an annual rental yield of 4.0% and units rent for $500 PW with a rental yield of 4.6%. South Hobart has seen an annual compound growth rate of -2.3% for houses and 11.5% for units.