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 › Letitia St
$850,000
Last sold
7 Mar 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
418 m²
Land
195 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
$850,000
7 Mar 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.
Vs North Hobart
+1.2%
Median sale
Suburb $840,000
-0.04 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 Elders Real Estate HobartClassic original features combine with a flexible floorplan and enviable city fringe location to offer enormous potential in this beautiful circa 1905 Federation property for homeowners and investors alike. Positioned in a vibrant neighbourhood within easy walking distance of the cafes, restaurants and bars of the North Hobart Strip, this is an exciting proposition for purchasers seeking a historic home with great bones.
Conveniently set across one level comprising a substantial 195sqm footprint, generously proportioned living includes a spacious living room that could alternatively be converted to a fourth bedroom, family room opening onto a timber deck and the rear garden terrace, casual dining area and kitchen.
The primary suite is located at the front of the home with built-in wardrobes, study nook and ensuite bathroom. Two further bedrooms are serviced by a central bathroom and separate WC, and the laundry and pantry/cellar complete the floorplan.
With a freshly painted interior and new window furnishings, a combination of reverse cycle air conditioning and electric panel heaters ensure year-round comfort. Original design details including a cast iron mantle, high ceilings, ornate plaster work and wide skirting boards remain in situ as a nod to the home's charming era. Outside the home is surrounded by leafy grounds with a workshop and garden shed in the backyard and gated off street parking at the front of the property.
Within easy reach of excellent schools and parks, all amenities, and a plethora of cosmopolitan dining options, this home provides the very best of North Hobart living with everything a professional couple, downsizers, or young families could need or want right on the doorstep.
Listing description written by Abi Freeman, Elders Real Estate Hobart — reproduced as published, not verified by Districts.