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 › Elboden St
$1,400,000
Last sold
30 June 2025
10
Bedrooms
5
Bathrooms
4
Car spaces
1,275 m²
Land
404 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
$1,400,000
30 June 2025 · 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
+61.8%
Median sale
Suburb $865,000
-1.26 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.
Nearby
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 BayTightly held and maintained property for almost 40 years, this 1910 gem presents a unique offering to the market offering an array of uses. The house was designed by the firm Ricards and Heyward for Mr John Alfred Leslie Robertson, heir to one of the largest estates in Hobart, and built 1909-10. Being next door to Sandy Bay, South Hobart has quick access by foot/bike/car to the Hobart CBD, beaches and the Salamanca/Hobart waterfront restaurant and entertainment district.
This property is a must see if you are after plenty of space, character, a prime location and the ability to work from home, or generate an income either through private rental, short stay accommodation or even office/consulting spaces. The property has been up kept by the current owner over the years and the time has come to present this property to the market.
There are multiple wet and cooking areas across the home including 5 bathrooms, and extra-large rooms.
(An information pack is available upon request in relation to the history of the building).
What the current owner loves about the property:
- Heritage features - "Arts and Crafts Movement" design, the old servants' bells in the front foyer, window seating in the bay windows, the pressed tin ceiling on the verandas, stained glass, bay windows, the woodwork and joinery, front "tower", the fireplace nook, two sets of stairs (back and front)
- Sitting on the back veranda on a warm summer evening enjoying the view
- The upstairs balcony with its views of the Derwent - watching the Sydney to Hobart and the New year fireworks
- The rooms upstairs with the quaint ceilings that are high enough for a tall person to stand up but still feels like a cosy attic
- Its location - easy to walk to South Hobart shopping village, to the city, to Salamanca or to Sandy Bay
- Scene of many a happy gatherings - used for communal TV watching, music soirees, tutorials and board meetings, board games nights.
Other features:
- Water views of the Derwent
- NBN fibre to the premises
- Heating in all major rooms (either wall panels or wall mounted)
About Hobart:
With billions of dollars-worth of current and pipeline infrastructure projects over the next decade in Tasmania, Hobart presents a great location to invest. Other high value projects committed too includes the Macquarie Point approx. $1b multi-purpose roofed stadium likely to be the highest value Tasmanian infrastructure project in history to date.
The Hobart International airport terminal (currently seeing around 1.8m passengers per annum and this is forecast to almost double into the near future) will also double in size and will feature a $130m runway upgrade allowing for international flights of larger aircraft including the 787 Dreamliner and Airbus A350. Hobart certainly remains a solid city to be investing in.
Tasmania is known for its pro-environmental stance, and in 2020 achieved 100% renewable energy status thanks to a combination of hydroelectricity, wind, and solar energy sources.
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. The vendor reserves the right to accept offers prior to the advertised open home times.
Listing description written by Tony Dion, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.