West Hobart at a glance
6,452
People
$1,055,000
Median sale
$553/wk
Median rent
2.73%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
TAS › West Hobart › Forest Rd
$1,445,000
For sale
Asking
6
Bedrooms
3
Bathrooms
3
Car spaces
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
Asking
$1,445,000
Asking
No recorded sale for this property.
West Hobart at a glance
6,452
People
$1,055,000
Median sale
$553/wk
Median rent
2.73%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs West Hobart
+37.0%
Median sale
Suburb $1,055,000
-0.74 pp
Gross yield
Suburb 2.73%
Suburb median $1,055,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$64,167 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with West Hobart's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $553/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.
Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
West Hobart at a glance
6,452
People
$1,055,000
Median sale
$553/wk
Median rent
2.73%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buy My PlacePhone Enquiry ID: 235817
94 Forest Road, West Hobart presents an opportunity to secure 3 separate dwellings in walking distance to Hobart. Excellent views of Hobart and the Derwent River make this property exceptional and add greatly to its rental appeal. All have excellent rental occupant histories and are currently achieving just under $1700 per week in total.
The front dwelling has Federation charm and its 4 bedrooms include two on the upper level. The character master bedroom has been recently redecorated with custom fitted hardwood shelving, new paint and decor. This room opens via an internal french door to a sun room which provides added space for wardrodes and a place to relax.
This front dwelling has a private courtyard garden that gets plenty of sun. The paved area is ideal for alfresco dining or just relaxing with a book. Inside the open plan
living/dining/kitchen there is plenty of sunlight from the large period windows and sunny aspect. The modern colour scheme and high ceilings add to the sense of lightness and space. The living area has nice night views of the city. The kitchen is modern with dishwasher and undercabinet lighting.
The front door opens into a sunroom which makes an excellent office space and has fast NBN with views of Hobart and afternoon sun. The bathroom includes new tiling, wall mounted vanity, sink and taps bringing the bathroom up to date and is pleasant.
Dwelling two is 1 bedroom and 1 bathroom. It has its own off street parking and fast NBN. Combined compact kichen/living/dining is modern and a panasonic a/c makes it a comfortable space. The bathroom has recent tiling and other upgrades. The bedroom has exceptional views for the Derwent River from a large double glazed patio door that opens onto a private hardwood deck. This feature adds greatly to its rental appeal. The bedroom also has panasonic a/c. Lastly it has its own laundry/storage room.
Dwelling 3 is also 1 bedroom 1 bathroom and has exception views for the Derwent River. Modern open plan living with benchtop seating in the kitchen so you can enjoy the view while checking your email. The living/kitchen area has a light and airy feel. The small balcony is ideal for summer BBQ cooking. Own off street parking space. Modern bathroom. The bedroom is a good size and has a built in wardrobe. Also has fast NBN.
This well maintained property has an excellent rental history, views, close proximty to Hobart and the modern upgrades to make it a solid long term property for its next buyer.
Listing description written by buyMyplace, Buy My Place — reproduced as published, not verified by Districts.