North Hobart at a glance
2,769
People
$840,000
Median sale
$579/wk
Median rent
3.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
TAS › North Hobart › Park St
$985,000
Last sold
26 Jan 2024
5
Bedrooms
2
Bathrooms
1
Car spaces
423 m²
Land
226 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
$985,000
26 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in North Hobart (last 5 years) with land size have a median of $3,401/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
North Hobart at a glance
2,769
People
$840,000
Median sale
$579/wk
Median rent
3.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs North Hobart
+17.3%
Median sale
Suburb $840,000
-0.52 pp
Gross yield
Suburb 3.58%
Suburb median $840,000 from 10 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 $579/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
North Hobart at a glance
2,769
People
$840,000
Median sale
$579/wk
Median rent
3.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts HobartGreat street appeal enhanced by a high, convict brick walled garden for this substantial c1920 Federation solid brick and sandstone residence ensures privacy and security.
A fabulous floor plan means that there are endless possibilities either for an investor to continue with a very lucrative Airbnb operation (permit in place) or enjoy the property as a family residence with space for independent living .
Within walking distance of the now quite famous Elizabeth Street café and retail precinct with a huge selection of eateries on offer. Number 266 borders the Domain and Brooker Avenue concealed from view by a heavily planted nature strip across the road and is situated on the quiet corner of Lewis and Park Streets. The Friends School is just a 'stone's throw' away as is the Domain recreational green space overlooking Cornelian Bay.
The accommodation extends over 3 levels with a superb open plan kitchen/dining or casual living on the mezzanine level which extends to a fabulous timber deck. This area enjoys an abundance of natural light and a sunny north westerly aspect with space for a potted garden and a great view of Mount Wellington…a choice of living areas and flexibility in the floor plan for this property is a point of difference. The covered alfresco casual living area in the garden complete with a corten fireplace is cosy and inviting.
The interiors are beautifully presented with attention to detail and thoughtful renovations sympathetic to the architectural style. A double-glazed skylight, timber floors, built in wardrobes, glamorous light fittings in the chandeliers and quality drapes with thermal linings are just a few of the nice appointments worthy of note.
There are 5 bedrooms, two of which are dormer bedrooms on the upper storey and two double bedrooms adjacent to the entrance hallway. A fifth bedroom or third living area is downstairs.
Two bathrooms, one of which includes a bathtub and a separate laundry nook service the accommodation. At the rear, guests may utilise a lovely space next to the alfresco living area as either a fifth bedroom there being a bathroom nearby or a break out room or study for independent living and hybrid workplace. French doors open to the garden.
Fantastic storage throughout in addition to wonderful 'cellar-like' space easily accessed from this area.
Off street parking is secure with a roller door on the street leading to a carport.
Calling investors, owner occupiers or families with children at nearby schools…all demographics will appreciate the proximity to the city fringe, fine dining, services and recreational activities that this stunning historical property enjoys. On the cusp of New Town as well with comprehensive services and retail nearby.
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 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.
Listing description written by Lynne Page, Harcourts Hobart — reproduced as published, not verified by Districts.
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