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350 Macquarie Street, South Hobart$745,000
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For Salehouse

350 Macquarie Street

South Hobart, TAS 7004, Australia
$745,000
3 bed 1 bath 1 car179 m²

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About this property

Positioned within easy reach of the city, this well-presented South Hobart property offers an outstanding opportunity for buyers seeking a low-maintenance city pad, high-performing investment property or Airbnb venture. Showcasing lovely period features, views of Mount Wellington and a flexible two-level floorplan, the home combines character with convenience in a tightly held inner-city pocket. Sold fully furnished with a current tenancy in place until January 2027, this is a ready-made investment with immediate rental income, appealing to those looking to secure Hobart real estate in a proven growth market. The accommodation includes two generous size bedrooms on the upper level, complemented by a sunroom/study. Downstairs, the functional kitchen and bathroom are well positioned for practical living. A lovely light-filled front lounge provides the option of an additional bedroom or spacious home office while a private dining space offers the perfect place to host intimate dinners and entertain. The rear courtyard with covered space provides a private area for relaxing and has been paved for low-maintenance up-keep. A designated off-street parking space adds further value in this inner-city setting. With its combination of character details, practical layout and strong rental credentials, this property presents as an ideal investment opportunity or convenient city base. Located just minutes' drive to Hobart CBD or an easy walk of under 30 minutes into the city, the home enjoys close proximity to local cafés, restaurants, a florist, post office, butcher and so much more. A short stroll also places you at the Hobart waterfront, Fitzroy Park and the Hobart Rivulet Track, offering excellent amenity for residents and tenants alike. With urban views and glimpses toward Mount Wellington/kunanyi and everyday essentials at your doorstep, this is a strategic purchase in the Hobart property market that delivers on lifestyle, location and long-term value. Year Built: 1925 Construction: Brick Annual Water Rates: $1,479 approx. Annual Council Rates: $3,500 -$4,000 approx. *Currently tenanted at approx. $630 per week until January 2027

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
179 m²
Listed
3 months ago

Repayment calculator

$3,612/month
$1,806 /fortnight
Loan $596,000 at 6.10% over 30 years

Upfront costs

Deposit$149,000
Stamp duty$28,710
Conveyancing (est.)$2,000
Total upfront$179,710
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 South Hobart

This 3-bedroom house in South Hobart, TAS 7004 sits within reach of public transport, local shops and nearby schools. It is listed 27% below the $1.02m median of 55 comparable houseswithin 5 km.

Schools near South Hobart

  • South Hobart Primary Schoolprimary · K-6 · CoEd

What's nearby

  • Davey St Stop 9 In (bus)407 m away
  • Magnolia Flowers14 m away
  • Fitzroy Gardens321 m away
  • Hobart Rivulet Linear Park412 m away
  • Parliament Street Reserve442 m away

South Hobart at a glance

Full suburb profile
Population
5,886
Median age
38
Household income
$1,787/wk
Median rent
$378/wk
Median mortgage
$1,648/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Hobart price trend

Median sold · House 3 bed

Compound growth -1.3% / yr over 4 yrs

$867kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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