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 › Argyle St
$655,000
Last sold
12 Jan 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
482 m²
Land
156 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
$655,000
12 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
-22.0%
Median sale
Suburb $840,000
+1.02 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. 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
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 Signature RosnyOccupying a coveted city fringe position, commanding attention from an elevated position, sits an impressive North Hobart property with stunning views with scope to develop (STCA).
The expansive home features numerous family living spaces and has served as a much-loved family home, providing a once-in-a-lifetime opportunity as offered to market for the first time since circa late 1800's.
The entrance hall leads to a spacious lounge, separate living room, and a glorious sunroom. The versatile floorplan allows for a myriad of living configurations, both casual and formal.
Wonderfully retro, the décor exudes originality, with feature wallpaper within the bedrooms and common areas, wood panelling, and original, now decorative, fireplaces, with ornate mantlepieces. The property would benefit from rejuvenation to revive to its full potential, although comfortable enough to move straight in and enjoy.
The functional kitchen features plenty of room to dine-in for casual meals and comes equipped with ample storage space within timber cabinetry, and a free-standing oven with electric stovetop and rangehood.
Comfortable accommodation comprises of three light-filled bedrooms on the upper level, one of these complete with built-in wardrobe.
Returning downstairs, the bathroom contains a bath, shower, and a vanity, with a separate toilet adjacent. The laundry features ample space for necessary appliances, and storage within nearby linen closets.
Outside the grounds feature established gardens filled with verdant florals, greenery, and leafy trees. A pathway weaves through the lawn to the top of the allotment, and paved spaces to entertain outdoors in the sunshine with magnificent city views.
Situated in a prime location, upon a generous parcel of land, the property offers scope to develop (STCA). Storage throughout the home is plentiful, with a large workshop, storeroom/cellar located under the house. There's also an outbuilding on-hand for the ease of maintenance and storage.
Ideally located in a sought-after area, with endless potential to develop (STCA) and breathe new life into a character-filled home with spectacular water and mountain views, this remarkable home in the heart of North Hobart affords a lifestyle filled with comfort and convenience in a highly desirable district.
• Prime, elevated North Hobart location
• Superb water and mountain views
• Potential development site (STCA)
• Numerous sun-filled living areas
• Conveniently close to schools, shops & CBD
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
All timeframes and dimensions are approximates only
Listing description written by Candice Gottschalk, Harcourts Signature Rosny — reproduced as published, not verified by Districts.