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TAS › South Hobart › Strickland Ave

U1, 79 Strickland Ave, South Hobart TAS 7004

For saleUnit

$595,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

120 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $595,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $595,000(Listing record · 16 Aug 2026)
  • CalculationAsk is 31% below the South Hobart median recorded sale ($865,000, n=15, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at South Hobart's advertised median rent ($545/wk), implied gross yield would be 4.76% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$595,000

Asking · $4,958/m² of land

No recorded sale for this property.

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.

See the full South Hobart report →

Vs South Hobart

-31.2%

Median sale

Suburb $865,000

+1.48 pp

Gross yield

Suburb 3.28%

Suburb median $865,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$595,000
Stamp Duty (Tasmania)
$22,285
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$621,242

$26,242 on top of the price (4.4% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with South Hobart's advertised median rent — not a rent for this listing.

Net yield
3.26%
Annual cashflow (pre-tax)
$-11,525
Interest cover (DSCR)
0.63
Annual rent
$28,340
Operating expenses
$8,925
Loan amount
$476,000
Annual interest
$30,940
Gross yield
4.76%

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.

Open the full yield calculator →

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. Listed$595,000available16 Aug 2026

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 $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.

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

Gross yield if leased at the suburb aggregate is 4.8%. 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

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

South Hobart in one glance

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.

See the full South Hobart report →

Keep researching

  • Why South Hobart? Read the area thesis →
  • What else is on the market in South Hobart →
  • Other records on Strickland Ave →

Listing material

Listed by Insitu Property Hobart

Where the City Meets the Mountain

Tucked away in one of South Hobart's most picturesque pockets, this sunny two-bedroom home offers an increasingly rare combination, the tranquillity of a bushland retreat with the convenience of inner-city living.

Surrounded by established greenery, with the Hobart Rivulet adding to the beautiful natural setting and kunanyi / Mount Wellington rising beyond, there is an immediate sense of calm here. It feels wonderfully removed, yet South Hobart's village atmosphere, cafés and everyday conveniences are close at hand, with the Hobart CBD only a short commute away.

Inside, the home is bright, comfortable and refreshingly easy to live in. Generous windows bring the leafy surrounds and natural light into the open living and dining spaces, while the separate kitchen is well appointed with excellent storage and a practical servery connection to the dining area.

Read the full description

Both bedrooms are generously proportioned and include built-in robes, with a centrally positioned bathroom featuring a walk-in shower, generous vanity and integrated laundry facilities. Solar hot water adds another practical and energy-conscious inclusion.

A major point of difference is the substantial under-house garage and multipurpose area. Measuring approximately 7m x 6.2m, the space comfortably accommodates secure vehicle parking while still providing an impressive amount of additional room for bikes, storage, a workshop, home gym or creative workspace. For buyers looking to add further functionality, the scale of this area also presents exciting potential for future adaptation or improvement, subject to the relevant approvals.

But it is the setting that makes this home memorable. Sunshine filters through the surrounding landscape, the rivulet and nearby walking trails invite you outdoors, and some of Hobart's best mountain biking and recreational tracks are virtually on your doorstep. It is a location that allows you to feel connected to nature without giving up the advantages of city life.

For first-home buyers, professionals, downsizers or investors, this is an exceptionally appealing opportunity to secure a low-maintenance home in one of Hobart's most enduringly desirable suburbs.

Sunny, peaceful and wonderfully connected, this is South Hobart living at its best.

Heating: Electric panel heater, Solar hot water

Year built: 1977

Council rates: $1550.00 Per annum approx.

Fixed water rates: $1200.00 Per annum approx.

Rental estimate: $500.00 to $550.00 Per week.

Strata Fees: $1500.00 Per annum approx.

Listing description written by Ben Korkmaz, Insitu Property Hobart — reproduced as published, not verified by Districts.

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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.