WEST HOBART 7000
State: TASPosiProp AI Investment Summary
WEST HOBART (TAS 7000) 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 1.6%, with a median house buy price of $950,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$828,500
$930,000
$1,120,000
$950,000
Suburb Market Profile
Last month West Hobart had 23 properties available for rent and 34 properties for sale. Median property prices over the last year range from $950,000 for houses to $612,500 for units. If you are looking for an investment property, consider houses in West Hobart rent out for $650 PW with an annual rental yield of 3.9% and units rent for $500 PW with a rental yield of 4.5%. West Hobart has seen an annual compound growth rate of 1.6% for houses and 3.4% for units.