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 › Forest Rd
$960,000
Last sold
28 Nov 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
840 m²
Land
213 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$960,000
28 Nov 2024 · 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
-9.0%
Median sale
Suburb $1,055,000
+0.27 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 data is being calculated
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
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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.
Nearby
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 HobartNestled on highly sought-after Forest Road in West Hobart, this exceptional, light-filled family home offers a perfect blend of spacious living, gorgeous easy-care native gardens and breath-taking views through to the River Derwent, Hobart city and Kunanyi (Mount Wellington).
Upon entry, the house boasts generous proportions, with high ceilings and exposed timber beams, polished timber floors and views through to South Hobart, Sandy Bay and across the city fringe. Set over two and a half levels, features include open plan living spaces all designed with family comfort in mind, a light and modern kitchen, three bedrooms and two bathrooms. Specialty Tasmanian timbers feature throughout – Tasmanian oak floors downstairs, Myrtle staircase and upstairs flooring and Huon pine vanity in the main bathroom.
The property also includes a separate studio, offering flexibility for a home office, guest accommodation, or your own creative space. With additional development potential (STCA), the home presents an exciting opportunity to further enhance or expand to suit your needs.
Fully insulated throughout, and double glazed in the main living areas, with heating options including a reverse-cycle air conditioner and gas heater providing cosy warmth, the home is designed to provide comfort, ensuring energy efficiency and year-round liveability. The Western Red cedar cladding is also low maintenance, being treated with Intergrain which needs attention only every 12- 15 years or so.
The home has plenty of storage throughout, including an expansive garage and workshop area beneath, providing ample space for vehicles, tools, or hobbies. Beautifully landscaped and maintained native gardens surround the property, offering both serenity and privacy, and the property is fully fenced to ensure a secure haven for children and pets.
This incredible home is located in the heart of West Hobart, one of the city's most desirable neighbourhoods. Enjoy a peaceful and convenient lifestyle while being just moments away from schools, shops, parks and Knocklofty Reserve across the road.
This is a rare opportunity to secure a home in a prime location with incredible views, flexible living options, and a wealth of untapped potential. Don't miss your chance to make this remarkable property your own.
Heating: Reverse cycle air conditioner, panel and gas heaters
Year built: 2004
Council rates: $3366 pa approximately
Fixed water rates: $1000 pa approximately
Rental estimate: $725 to $775 approximately
Listing description written by Nina Schubert, Insitu Property Hobart — reproduced as published, not verified by Districts.