South Hobart at a glance
5,934
People
$865,000
Median sale
$545/wk
Median rent
3.28%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › South Hobart › Davey St
$915,000
Last sold
23 Nov 2023
3
Bedrooms
2
Bathrooms
0
Car spaces
119 m²
Land
138 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
$915,000
23 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in South Hobart (last 5 years) with land size have a median of $1,416/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
South Hobart at a glance
5,934
People
$865,000
Median sale
$545/wk
Median rent
3.28%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs South Hobart
+5.8%
Median sale
Suburb $865,000
-0.18 pp
Gross yield
Suburb 3.28%
Suburb median $865,000 from 15 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 $545/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Area
South Hobart at a glance
5,934
People
$865,000
Median sale
$545/wk
Median rent
3.28%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts HobartLocated within walking distance to the city, South Hobart's village strip, and the Salamanca waterfront region, this stunning terrace townhouse is the epitome of city fringe living. The location also marks the gateway to Kingston and the Channel region, whilst originating the short drive (or ride) up to the Mt. Wellington (Kunanyi) National Park.
Having benefitted from a lovely renovation, 185 Davey Street is a substantial, two storey solid brick Federation townhouse, circa 1915. There has been great care taken to preserve the characteristics of its era - lofty ceilings, timber fretwork, decorative fireplaces, picture rails, panelled doors, and stained glass all feature prominently throughout.
Investors will be delighted by the capital growth potential in this blue-chip location (+80% median sales growth 5 years*), strong rentability factor and short stay suitability. This property is an in demand listing on Airbnb with very high occupancy, culminating in an average revenue stream of approximately $2K per week.
The double brick construction has been paired with "Sealasash" double glazed windows to enhance the climate and sound insulation of the home, whilst also retaining the character of the original sash frames. Fresh paintwork and a new roof complement the modern convenience of ducted reverse cycle heating/cooling upstairs, and additional heat pumps on the ground floor.
The front entrance of the home is signified by an elegant white timber staircase, leading up to the top level of the home, a space reserved for accommodation. Two generous, light filled bedrooms are complemented by a third bedroom or study, whilst an office nook provides an ideal workspace with a view. The top floor is completed by a functional bathroom including toilet, vanity and shower.
Downstairs is all about living, highlighted by a delightful lounge space, with direct access to a chic, decked courtyard. Entertaining in this north facing enclave will become an eagerly anticipated feature of your new urban lifestyle. A 'country style' kitchen connects the living space, allowing the chef of the house to prepare, as well as interact with family and guests alike.
Another gorgeous room at the front of the house can be utilised as formal dining, second lounge or even an additional bedroom (STCA).
Completing the downstairs level is another bathroom and toilet, as well as a sleek European laundry, cleverly located close to the back door for convenience.
This home is surrounded by amenities, with entertainment, parks and shopping options right on the doorstep. A leisurely cycle, scooter or walk along the picturesque Hobart Rivulet will take you to the edge of the CBD, whilst the beautiful Fitzroy Gardens is another close by walking park. Handy to UTAS and a selection of great schools, this home really is the perfect blend of character and convenience.
• Double brick terrace townhouse, circa 1915
• Preserved heritage features throughout
• Chic urban courtyard
• Generous upstairs accommodation
• "Sealasash" double glazed windows
• Walking distance to CBD, Salamanca, South Hobart Village, UTAS
Council Rates $2300 (approx p.a.)
Water Rates $1000 (approx p.a.)
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in.While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is not intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information. All time frames, boundaries and dimensions are approximates only.
*Core Logic Suburb Data South Hobart 5 years to August 2022
Listing description written by Mark Weaver, Harcourts Hobart — reproduced as published, not verified by Districts.