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 › Huon Rd
9
Bedrooms
7
Bathrooms
10
Car spaces
4,153 m²
Land
409 m²
Building
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
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.
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.
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 South Property GroupAn exciting development opportunity presents to realise capital gain on several fronts for this city fringe investment on the outskirts of very desirable South Hobart. Already, the property delivers a healthy rental return of $1530 per week.
A conservative projected rental return of $2060 per week is anticipated and up to $2260 with cosmetic changes.
Situated on an expansive single title of 4,153 m2 allotment, the 409m2 residential building is divided into 4 apartments plus a useful studio/utility /storage space with plumbing …fully serviced with water ,sewer and stormwater. The interiors are decidedly retro in style and would benefit from an upgrade.
In total, there are 9 bedrooms, 7 bathrooms, 3 vehicle carport and at least 7 off street car spots. The purpose built complex constructed in 1973 forms an imposing quadrangle with a central courtyard. The property enjoys dramatic tree scape views to Mount Wellington, leafy surrounds and established gardens. The eastern side of the property adjoins land owned by the Hobart City which forms part of the Waterworks Reserve.
Current zoning for this property from July this year, is dual, a combination of General Residential and Rural Living. In the future, there may well be the possibility that residential construction zones will expand, given the ever increasing demand for housing.
The huge potential to add capital value here, lies in developing the rear of the allotment HCC STCA to provide for visitor accommodation or submitting an application to stratum title the existing complex of conjoined apartments…or simply increasing the footprint of the building.
Conveniently situated on a reliable transport route and in close proximity to UTAS, vibrant South Hobart and Sandy Bay shopping villages.
Additional infrastructure includes 4 storage sheds.
This is a unique opportunity to create wealth and enjoy a very manageable project development. Concept drawings and schematic design for visitor accommodation pods, sustainable and sensitive to the environment have been commissioned by well respected multi-award winning architects, Liz Walsh and Alex Nielsen from So.Architecture for your consideration.
Tasmania and New Zealand in the scheme of global turmoil are now considered lifestyle 'safe havens' in terms of a destination to live and invest!
Listing description written by Lynne Page, South Property Group — reproduced as published, not verified by Districts.
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