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TAS › North Hobart › Elizabeth St

454 Elizabeth St, North Hobart TAS 7000

House

$2,850,000

Last sold

18 Sept 2025

4

Bedrooms

2

Bathrooms

5

Car spaces

3,280 m²

Land

371 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,850,000 (18 Sept 2025).(Recorded sale)
  • CalculationLand 3,280 m² against a 371 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in North Hobart (last 5 years) with land size: median $3,401/m² of land (n=55). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,850,000

18 Sept 2025 · 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.

See the full North Hobart report →

Vs North Hobart

+239.3%

Median sale

Suburb $840,000

-2.52 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,850,00018 Sept 2025
  2. Listedprice unknowncompleted2 Sept 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

North Hobart in one glance

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.

See the full North Hobart report →

Keep researching

  • Why North Hobart? Read the area thesis →
  • What else is on the market in North Hobart →
  • Other records on Elizabeth St →

Listing material

Listed by Elders Real Estate Hobart

‘Arcadie’ - A landmark Hobart residence

Circa 1924 and designed by esteemed Hobart architect Bernard Walker, 'Arcadie' is a distinguished family estate set within 3,280sqm of extensive grounds in one of North Hobart's most coveted enclaves. Exemplifying Walker's signature Federation style with Arts and Crafts influences, the residence showcases timeless design, superior craftsmanship and the enduring use of fine local materials throughout the sandstone and red brick construction.

Lovingly held by the same family since 1971 and most recently by Walker's own son and daughter-in-law, 'Arcadie' has been carefully preserved, with exquisite original features retained throughout. Offered to the market for the first time in more than 50 years, this rare opportunity combines architectural provenance with significant future potential.

With flexible urban mixed-use zoning, the property presents as a substantial family home of rare pedigree, while also affording scope for a range of alternative commercial uses, subdivision, or development (STCA). Whether treasured as a generational residence or reimagined for new possibilities, Arcadie stands as one of Hobart's most notable heritage residences taken to market, in this sought after location, for quite some time.

Read the full description

A grand entry foyer, accessed via the front verandah, immediately sets the tone of elegance carried throughout the home's two expansive levels. The ground floor is dedicated to refined living and entertaining, offering a series of gracious reception rooms including a generously proportioned living room, a formal dining room, a charming sitting room, a sunroom bathed in natural light, and the family kitchen. Practicality is also well considered, with laundry facilities, storage room, and a bathroom completing this level.

The staircase ascends to the upper level, where a grand primary suite is a private retreat with direct access to the sunroom with water views and an adjoining study or nursery, providing exceptional versatility. Three further well-proportioned bedrooms and a central family bathroom complete this floor, ensuring ample accommodation for family and guests.

Ornate timber panelling, high ceilings, leadlight windows and picture rails and original fireplaces with surrounds enrich the home's character, while modern enhancements, including an electric fireplace in the dining room and central heating ensure year-round comfort.

The established grounds are equally enchanting, with a canopy of mature fruit trees, lawns proven to host many a backyard cricket match, and a gazebo providing a picturesque setting for outdoor entertaining. A garage, garden shed and workshop further enhance the property's amenity.

Positioned just moments from The Friends' School and other excellent schools, Hill Street Grocer, the vibrant North Hobart café and dining strip, and public transport, this coveted address promises an unrivalled lifestyle of both convenience and charm. This is a rare opportunity to acquire a substantial holding and become the next custodian of Arcadie, carrying forward its rich heritage and cherished memories.

Listing description written by Abi Freeman, Elders Real Estate Hobart — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Ducted Heating
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Shed
  • Study
  • Toilets: 3
  • Workshop

Also look at

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  • 13 Audley St, North Hobart TAS 7000

    6-bed house for sale. Asking $1.68M.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.