West Hobart at a glance
6,452
People
$1,055,000
Median sale
$553/wk
Median rent
2.73%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
TAS › West Hobart › Petty St
$1,120,000
Last sold
14 May 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
550 m²
Land
158 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,120,000
14 May 2025 · derived via latest_sale
Local land rate: recorded House sales in West Hobart (last 5 years) with land size have a median of $2,192/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
West Hobart at a glance
6,452
People
$1,055,000
Median sale
$553/wk
Median rent
2.73%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs West Hobart
+6.2%
Median sale
Suburb $1,055,000
-0.16 pp
Gross yield
Suburb 2.73%
Suburb median $1,055,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Hobart Local Provisions Schedule
Zone
General Residential
114.8
Jurisdiction
Hobart
Hobart, TAS
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASZoned General Residential · 114.8 (Hobart Local Provisions Schedule). Official parcel area about 627 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $553/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 114.8 (Hobart Local Provisions Schedule). Official parcel area about 627 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 627 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
West Hobart at a glance
6,452
People
$1,055,000
Median sale
$553/wk
Median rent
2.73%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Insitu Property HobartWelcome to 15 Petty Street - Nestled in the heart of highly sought-after West Hobart, this idyllic family home perfectly blends character, charm, and modern convenience. Built in 1918, this enchanting weatherboard residence exudes timeless appeal while offering ample space and functionality for contemporary living, along with opportunities for more refinement and development.
Upon entry, you will be greeted by original period details complementing the thoughtful updates throughout. The home boasts four generously sized bedrooms, providing plenty of room for growing families, or those who requiring additional space for guests or a home office. Two well-appointed bathrooms, one potentially an ensuite depending on your choice of configuration, ensure convenience for everyone. In addition, the large well fitted internal laundry provides fantastic convenience for family living.
At the heart of the home lies a spacious, open-plan kitchen and substantial dining area, designed for effortless entertaining and everyday family gatherings. The large, stylish kitchen features ample bench space, a large aga-style three door oven and five burner gas cooktop, a substantial walk-in larder pantry, perfect for the modern home cook.
Flowing seamlessly from this area, glass doors open out to deck and onto a lovely, level backyard with fruit tree and other plantings. The garden is secure and expansive, making it the perfect haven for children and pets to play or for hosting outdoor gatherings in the sunshine.
Positioned on a picturesque and quiet street, this home offers an enviable lifestyle just moments from West Hobart's vibrant community amenities. A short stroll leads you to the highly regarded Lansdowne Crescent Primary School, as well as the popular cafes and boutique shops that give the area its distinctive charm and appeal. The convenience of Hill Street Grocer, Smolt kitchen and Botanical florist are all just around the corner, ensuring that daily essentials are always within easy reach.
Whilst this delightful home is ready to move into and enjoy, it also presents an exciting opportunity for those looking to add their own personal touch - either embrace its original character or embark on a renovation to update your dream home, 15 Petty Street offers the perfect foundation for a wonderful future in one of Hobart's most desirable locations. Alternatively, this property and its dress circle location presents a significant opportunity for the canny investor.
With its perfect blend of historic charm, modern comforts and unbeatable location, this charmer is a rare find in West Hobart. Don't miss the opportunity to secure this beautiful family home in this welcoming and vibrant community.
Heating: Gas flued gas space wall heater, large gas fireplace
Year built: 1918
Council rates: $3360 per annum approximately
Fixed water rates: $1100 per annum approximately
Rental estimate:
Listing description written by Nina Schubert, Insitu Property Hobart — reproduced as published, not verified by Districts.