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 › Browne St
$1,450,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
864 m²
Land
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
Asking
$1,450,000
Asking · $1,678/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in West Hobart (last 5 years) with land size have a median of $2,182/m² of land (n=104). 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
+37.4%
Median sale
Suburb $1,055,000
-0.75 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.
$64,392 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with West Hobart's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning scheme
Hobart Local Provisions Schedule
Zone
Inner Residential
114.9
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 Inner Residential · 114.9 (Hobart Local Provisions Schedule). Official parcel area about 861 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.
Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Inner Residential · 114.9 (Hobart Local Provisions Schedule). Official parcel area about 861 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 861 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 HobartOccupying an elevated position in one of West Hobart's most tightly held pockets, this impressive Victorian Gothic residence delivers a rare combination of character, generous proportions and breathtaking views across the River Derwent and Hobart's sparkling cityscape.
Freshly painted and with new carpet throughout, the home feels fresh, warm and immediately inviting. Ready to move straight in and enjoy, its remarkable sense of space is enhanced by abundant natural light and an elevated outlook that creates a spectacular backdrop to everyday living.
Framed by established gardens, the property enjoys an enviable lifestyle just moments from the CBD, highly regarded schools and the cafés, restaurants and local attractions that make West Hobart such a sought-after address.
Behind its distinctive heritage façade, a remarkably spacious and flexible floorplan unfolds across two levels. Original character combines with a substantial rear extension creating generous living and accommodation zones that make the most of the home's position, natural light and exceptional outlook.
The main living area is a standout, perfectly positioned to capture sweeping views across the river and city, while a separate sitting room with wood heater provides a warm and inviting retreat during the cooler months. The kitchen offers generous storage, quality stainless-steel appliances and an adjoining dining area, providing plenty of room for family life and entertaining.
Accommodation is equally generous. Privately positioned on the lower level, the main bedroom features an ensuite and direct access to a sunny courtyard garden. Upstairs, two spacious bedrooms are serviced by the family bathroom, with one enjoying particularly impressive panoramic views across the River Derwent and city.
Outside, established gardens create a wonderful sense of privacy and tranquillity. The terraced entertaining deck provides an exceptional vantage point to appreciate the outlook — from changing light across the river during the day to the glittering cityscape after dark. Meandering pathways lead through the gardens to a charming arbour nestled beneath mature trees.
A substantial freestanding workshop provides excellent storage and flexibility as a studio, workspace or creative retreat, while off-street parking for two vehicles adds valuable everyday convenience.
Generous, freshly presented and beautifully positioned, this is a home where space and outlook take centre stage. With captivating river and city views, multiple living areas, substantial accommodation and established gardens, it offers an extraordinary sense of privacy and scale within moments of central Hobart.
Year built: 1915
Heating: Wood heater, electric panel heaters
Council rates:
Fixed water rates:
Rental estimate: $950.00 - $1000.00 Per week.
Listing description written by Nina Schubert, Insitu Property Hobart — reproduced as published, not verified by Districts.