Hobart at a glance
3,669
People
$715,000
Median sale
$568/wk
Median rent
4.13%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
TAS › Hobart › Patrick St
$785,000
Last sold
17 Aug 2020
2
Bedrooms
1
Bathrooms
1
Car spaces
221 m²
Land
125 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
$785,000
17 Aug 2020 · derived via latest_sale
Local land rate: recorded House sales in Hobart (last 5 years) with land size have a median of $4,930/m² of land (n=17). Districts calculation from recorded sales — not a valuation.
Hobart at a glance
3,669
People
$715,000
Median sale
$568/wk
Median rent
4.13%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Vs Hobart
+9.8%
Median sale
Suburb $715,000
-0.37 pp
Gross yield
Suburb 4.13%
Suburb median $715,000 from 5 recorded sales (last 24 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 $568/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
UnknownArea
Hobart at a glance
3,669
People
$715,000
Median sale
$568/wk
Median rent
4.13%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate HobartMillibelle Terrace circa 1880 is a classic Victorian Italianate home offering charming street appeal. Meticulously and sympathetically restored to retain an historic ambience, modern comfort and a classic interior have been seamlessly incorporated through tastefully implemented and well considered contemporary updates.
Set across one level, two generous double bedrooms and the bathroom are positioned at the front of the house off the long entry hallway. Surprisingly spacious, the bathroom with built-in laundry features a shafted skylight lined with pressed tin, deep free standing roll top claw footed bath tub and generous separate walled shower, making it a luxurious retreat thoughtfully positioned away from the main living area.
The rear of the home is dedicated to living with the new kitchen that is both stylish and functional with butler sink and granite benchtops, quality appliances and bespoke joinery and lighting. Adjacent is the north facing combined living and dining room. Warm and inviting, an exposed brick wall and Tas Oak flooring create interest and warmth in this light-filled and spacious room. French doors open onto the fully landscaped private courtyard garden with sandstone paving and claw foot bathtub for a soak under the night sky with your tipple of choice! A powder room completes the floorplan.
Attention to detail is the hallmark of the restoration of this property. The plumbing and wiring has been upgraded throughout with natural gas fuelling the hot water and hydronic heating. Original sash windows have been restored and repainted and pressed tin ceilings, skirtings and doors, front facia, fretwork and cast iron fence all preserved to maintain the integrity of the property both inside and out. Laneway access provides off street parking at the rear.
Immaculately presented and impressive in every way, this home has the very best of modern comfort and convenience against a heritage backdrop. Desirably positioned within easy reach of both the CBD and cosmopolitan North Hobart Strip, this home offers both an enviable location and lifestyle.
Listing description written by Abi Freeman, Elders Real Estate Hobart — reproduced as published, not verified by Districts.
Nearby 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.