Is SOUTH HOBART a good suburb for positive geared property investment in Australia?

SOUTH HOBART in TAS currently features property rental yields up to 3.9% with a 12-month capital growth value of Up 4.4%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in SOUTH HOBART 7004?

The median house price in SOUTH HOBART 7004 is approximately $892,500 based on the latest tracked market indices.

Investment Spotlight • Australia

SOUTH HOBART 7004

State: TAS

Updated: 6 August 2026

PosiProp AI Investment Summary

SOUTH HOBART (TAS 7004) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 4.4%, with a median house buy price of $892,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$775,000

Down -3.7% 3.7% Yield

3 house • buy

$850,000

Up 5.9% 3.9% Yield

4 house • buy

$1,223,500

Up 28.8% 3.9% Yield

all house • buy

$892,500

Up 4.4% 3.9% Yield

Suburb Market Profile

Last month South Hobart had 17 properties available for rent and 20 properties for sale. Median property prices over the last year range from $892,500 for houses to $622,000 for units. If you are looking for an investment property, consider houses in South Hobart rent out for $630 PW with an annual rental yield of 3.9% and units rent for $530 PW with a rental yield of 4.7%. South Hobart has seen an annual compound growth rate of 4.4% for houses and 10.1% for units.

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