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116B Forest Road, West Hobart$925,000

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116B Forest Road

West Hobart, TAS 7000, Australia

$925,000

2441 m²

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Listing description

About this property

Set in one of West Hobart's most tightly held, tree-lined streets, this expansive 2,441sqm parcel of vacant land presents a rare and exciting opportunity to secure a premium foothold with breathtaking panoramic views. Elevated to capture sweeping vistas across the River Derwent, the iconic Tasman Bridge and the Wrest Point Casino, this exceptional site offers both lifestyle appeal and strong development potential, just minutes from Hobart's vibrant CBD. - Generous 2,441sqm (approx.) allotment in a highly sought-after West Hobart location - Elevated position with stunning water views across the River Derwent - Existing driveway access to the site - Peaceful, established tree lined street - DA in place for two spacious, architecturally designed dwellings with 3 bedrooms, 2 bathrooms and 2 living areas - Double garage included for each residence in the DA - Expansive site offering flexibility for future design or enhancement (STCA) - Convenient access to Hobart CBD, local schools, cafes and walking tracks - A rare blend of privacy, scale and proximity in a sought-after suburb Opportunities of this scale, location and outlook are limited. Secure your slice of West Hobart and bring your vision to life.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 2441 m²
Listed: 2 months ago

Repayment calculator

$4,484/month

$2,242 /fortnight

Loan $740,000 at 6.10% over 30 years

Upfront costs

Deposit$185,000

Stamp duty$36,810

Conveyancing (est.)$2,000

Total upfront$223,810

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in West Hobart

This land in West Hobart, TAS 7000 sits within reach of public transport, local shops and nearby schools. It is listed 1% below the $930,000 median of 57 comparable landswithin 5 km.

Schools near West Hobart

Goulburn Street Primary Schoolprimary · K-6 · CoEd
Lansdowne Crescent Primary Schoolprimary · K-6 · CoEd

What's nearby

Lansdowne Cr Stop 14 Out (bus) — 696 m away
Island Tyres — 847 m away
Hobart Rivulet Park — 289 m away
Unnamed — 427 m away
Unnamed — 463 m away

West Hobart at a glance

Full suburb profile

Population: 6,525
Median age: 38
Household income: $1,996/wk
Median rent: $400/wk
Median mortgage: $1,950/mo

Source: ABS Census.

Due diligence

Property Report

Lifestyle & access

Schools

7 nearby schools

Catchment: Hobart Primary School

Public transport

10 stops within 1.5km

Nearest: Macquarie St Stop 8 Out (0.6km)

Traffic

Low congestion

Minor increases during morning (7-9am) and evening (4-6pm) peak hours as commuters travel to/from central Hobart, but congestion remains manageable compared to main arterial routes.

Noise

Low noise

Nearest: road (0.7km)

Risk & safety

Flood risk

Low

West Hobart is located on elevated terrain in the western suburbs of Hobart and does not fall within a declared major flood overlay or flood-prone catchment similar to Queensland or NSW river systems. Historical flood risk in this area is low, though Tasmania's planning framework requires consideration of stormwater management and long-term climate resilience, particularly given Hobart's coastal geography.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

below average

Trend: stable

Planning & context

Zoning

GRZ — General Residential Zone

Hobart City Council Planning Scheme 2020

Nearby development

5 projects nearby

West Hobart is an inner-suburban area of Hobart characterised by steady residential infill, small-scale townhouse and dual occupancy approvals, and proximity to UTAS Sandy Bay campus. Development activity is moderate and largely confined to incremental housing densification and localised mixed-use / commercial amenity projects along main thoroughfares, with strong heritage and character overlay constraints limiting large-scale redevelopment.

Heritage

Heritage listed

West Hobart is an established inner-southern suburb of Hobart with significant heritage character, featuring a designated conservation area protecting Victorian and early 20th-century residential streetscapes. Properties within the overlay area are subject to heritage controls affecting external modifications, with the precinct valued for its cohesive period architecture and landscape features including the Hobart Rivulet corridor.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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