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 › Adelaide St
$1,238,000
Last sold
4 Oct 2022
2
Bedrooms
2
Bathrooms
1
Car spaces
437 m²
Land
197 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
$1,238,000
4 Oct 2022 · 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
+43.1%
Median sale
Suburb $865,000
-0.99 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.
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 Petrusma Property Sandy BayThis delightful cottage enjoys an ultra-convenient location proudly positioned in one of the oldest suburbs in Australia. With a short meander one will find themselves at the South Hobart shopping precinct; where there is a fantastic choice of shops, trendy cafes, doctors, schools and local amenities.
The property is recently renovated and comprises two generous bedrooms, the main with a generously proportioned ensuite.
The chef of the home will love catering to friends and family from the quality kitchen featuring modern appliances and lovely stone bench tops.
The formal lounge is spacious while creating a feeling of comfort, and is serviced by ducted heating and flows seamlessly out the the established gardens.
The gardens have been fully landscaped and are the ideal safe space for pets and kids.
Conveniently just a short 10 minute walk to the Hobart CBD, homes like this are very rarely available. Please call us at your earliest convenience to avoid disappointment.
• Unrivalled location in South Hobart
• Character features throughout
• Welcoming entry with spacious hallway
• Generous bedrooms
• Updated kitchen adjoining dining room
• Large formal living room
• Neat and tidy bathrooms
• Close to walking tracks and bike tracks
• Walking distance to the CBD and South Hobart amenities
• Fantastic outdoor entertaining area
• Well maintained back yard
• Separate studio in rear yard
• N/S facing
• Connected to mains gas for heating, Hot water and cooking
• Solar system installed
Year Built: 1915
Construction: Brick
Heating: Ducted Gas
Approx. Council Rates: $2446 per annum
Approx. Water Rates: $1100 per annum
Approx. rent return $650 per week per week
Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to execute their own enquiries.
Listing description written by Sam Monks, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.