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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
Verify with TAS revenue office →
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 Tyres847 m away
  • Hobart Rivulet Park289 m away
  • Unnamed427 m away
  • Unnamed463 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

Heritage & Conservation

Complete
Heritage listedConservation area

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.

Restrictions

  • Building exterior modifications require council approval in heritage overlay areas
  • Demolition or major alterations subject to heritage assessment
  • Tree removal restrictions in some areas due to landscape significance
  • Setback and streetscape character requirements for new development

Nearby heritage items

West Hobart Conservation AreaLocal
0 m
Hobart RivuletLocal
500 m
St George's Anglican ChurchLocal
1.2 km
Cascade Brewery Historic PrecinctState
1.5 km
500m1km1.5km2kmWest Hobart Conservation Area — 0.0 kmHobart Rivulet — 0.5 kmSt George's Anglican Church — 1.2 kmCascade Brewery Historic Precinct — 1.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Source: StMate AI — TAS heritage registers07/06/2026
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.

Suburb market

Suburb price trend

West Hobart price trend

Median sold · House 3 bed

Compound growth -2.1% / yr over 4 yrs

$938kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full West Hobart market

This listing

Price history

Price history

Listing price changes

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Within 5km

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