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 › Milles St
$700,000
Last sold
18 Aug 2026
4
Bedrooms
1
Bathrooms
0
Car spaces
956 m²
Land
90 m²
Building
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
Last sold
$700,000
18 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in South Hobart (last 5 years) with land size have a median of $1,435/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
-19.1%
Median sale
Suburb $865,000
+0.77 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 Century 21 Stellar GroupExciting Opportunity: Federation Charm in South Hobart! Preserve the legacy or build the future (STCA)
Step into a world of potential, and although not heritage listed a classic 1900 built Federation cottage, perfectly positioned in the heart of South Hobart. This property is a golden opportunity for renovators, investors, and dreamers alike!
Bedrooms: 4
Bathrooms: 1
Land Size: 956m²
Positioned in a quiet no- through street and just 5 minutes from both Hobart city and the vibrant Sandy Bay shopping area, this property offers the tranquillity of a leafy suburban setting and the convenience of city living. Even closer is the ever-popular South Hobart restaurant and retail strip, promising an enviable lifestyle at your doorstep. There is plenty of bushland to explore and you can continue along Huon Road to Mt Wellington kunanyi for your alpine adventure or head to the Rivulet walk and reservoir. The university campus is also within walking distance.
Why You'll Love This Property:
Heritage Appeal: Featuring original Federation architecture, this home is a canvas waiting for those passionate about restoring historic charm and character.
Abundant Garden: The large, lush garden is a haven for relaxation and creativity, offering endless possibilities for landscaping enthusiasts or those dreaming of outdoor entertaining. Already brimming with fruit and nut trees, a stunning white magnolia, bulbs, irises, roses, lilies and more you will be delighted at the colour display as seasons change.
Development Potential (STCA): Spanning an impressive 956m² block with water views and zoned inner residential, developers and investors will see the promise of creating new housing options (STCA) in this sought-after city fringe locale with no heritage overlay.
Renovator's Delight: Seize the opportunity to transform this charming cottage into your dream home, capitalising on its classic features, views and expansive land.
Investment Opportunity: The timing is perfect to invest in South Hobart's thriving market – whether restoring a heritage home or developing a multi-unit complex (STCA), the potential for significant returns is exceptional.
Secure your chance to own a piece of South Hobart's history and shape its future. Be part of a welcoming community, surrounded by convenience and old-world charm. For more information or to arrange a private viewing, contact Alison today!
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Listing description written by Alison Rogers, Century 21 Stellar Group — reproduced as published, not verified by Districts.