TAS · 7000

Hobart

Suburb profile, market snapshot and recent listings for Hobart, TAS 7000.

Hobart, TAS 7000

About Hobart

Welcome to Hobart

Hobart, the suburb at the very heart of Tasmania's capital city, is where the state's history, government, culture and commerce all converge. Sitting on the western shore of the Derwent River beneath the bulk of Mount Wellington/kunanyi, it's flanked by Sandy Bay and Battery Point to the south, Dynnyrne and Glebe just inland, and North Hobart's café strip a short walk to the north.

With a compact population of 3,390 and a median age of 31, this is a suburb geared towards professionals, students and downsizers who want to live within reach of everything rather than drive to it. Sandstone warehouses, colonial terraces and a fast-growing stock of apartments sit side by side, reflecting a city centre that has held onto its heritage while quietly densifying.

Lifestyle & dining

Life in central Hobart revolves around Salamanca Place and the waterfront, where warehouses once used for shipping now house galleries, wine bars and the Saturday Salamanca Market. Battery Point's laneways and Sandy Bay's foreshore are minutes away for a walk or a swim, while North Hobart's strip of restaurants, cinemas and small bars extends the dining options well beyond the CBD core.

It's a suburb that suits people who like to walk to dinner rather than drive. Constitution Dock, the Theatre Royal and the Tasmanian Museum and Art Gallery all sit within the same few blocks as the office towers and government buildings, giving central Hobart a lived-in, after-hours character that many state capitals lose in their commercial cores.

Shopping

Elizabeth Street Mall and the surrounding grid of streets form Hobart's main retail spine, with department stores, boutiques and everyday services all within a compact footprint. Salamanca's weekend market adds a strong local-produce and craft element, and North Hobart and Sandy Bay both offer supermarket-anchored strips for residents who prefer to shop closer to home.

Getting around

Being the city centre, Hobart is the hub that everything else radiates from, so getting around usually means getting into it rather than out of it. Metro Tasmania's bus network funnels through the CBD from all directions, making it straightforward to reach Sandy Bay, Glebe, Dynnyrne and North Hobart, or to head further afield to Kingston or the eastern shore via the Tasman Bridge.

Much of the suburb is genuinely walkable, with the waterfront, Salamanca, the mall and the surrounding residential streets of Battery Point and Glebe all within a fifteen-minute stroll of each other. For residents without a car, this compactness is one of the suburb's biggest drawcards.

Schools & families

While central Hobart's population skews towards younger adults, it's well served by some of the state's best-known independent schools. St Mary's College, St Michael's Collegiate (across its junior, middle and senior campuses) and St Virgil's College and its junior school are all in or near the suburb, and Guilford Young College's Hobart campus offers senior secondary pathways nearby. Families who do settle centrally tend to be drawn by this schooling density as much as by the lifestyle.

Housing & architecture

The current listing mix tells the story of a city centre in transition: 67% of stock is apartments or units, 27% houses, with small slivers of land (4%) and townhouses (2%) making up the rest. Older stone and brick terraces persist in pockets, especially towards Battery Point and Glebe, while newer apartment developments have filled in around the CBD fringe and waterfront, catering to the suburb's younger median age of 31.

The property market

With apartments and units dominating supply, the median unit price of $883k gives a useful read on the central Hobart market, and it reflects a suburb where buyers are paying a premium for location, water views and walkability rather than land size. Demand here is closely tied to lifestyle and proximity, with Sandy Bay, Battery Point and North Hobart all competing for the same buyer pool, which helps explain why well-positioned apartments in the CBD hold their value against Hobart's more traditional house-and-garden suburbs.

Market snapshot

Hobart property market

Median price ranks #1,773 of 3,797 suburbs · pricier than 53%
Bedrooms

Median sale price

$883k

Unit · 2 bed

Median rent

$680

per week

Gross rental yield

4.0%

annual rent ÷ sale price

Typical price range

Entry

$165k

Median

$883k

Premium

$2.05m

Days on market

69

Auction clearance

0%

Sold this year

20

Median sold price trend · Unit 2 bed

Compound growth +3.2% / yr over 4 yrs

Median price by bedrooms · Unit

Property types on market

Share of current listings in Hobart by dwelling type.

Apartment / Unit67%
House27%
Land4%
Townhouse2%

Who lives here

Demographics

ABS Census 2021 figures for Hobart, TAS 7000.

Population

3,390

residents (2021)

Median age

31

years

Household income

$1,464

median, per week

Median rent

$380

per week

Median mortgage

$1,848

per month

Mortgage / income

29%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Hobart

Independent & Catholic schools

St Mary's College

Prep-12GirlsPrivate
Visit school website →

St Michael's Collegiate School

Prep-12GirlsPrivate
Visit school website →

St Michael's Collegiate School - Middle School Campus

Private

St Michael's Collegiate School - Junior School Campus

Private

St Virgil's College - St Virgil's Junior School

Catholic

Guilford Young College - Hobart Campus

Catholic

Recent results

Recently sold in Hobart

$1.14m

6/15 Hunter Street

apartment3 bd · 2 ba · 1 car

Sold ~July 2026

$950k

8/37-39 Campbell Street

apartment3 bd · 2 ba · 1 car

Sold ~July 2026

$1.11m

43/1 Collins Street

apartment2 bd · 2 ba · 2 car

Sold ~July 2026

$650k

2/263 Macquarie Street

apartment3 bd · 2 ba · 1 car

Sold ~July 2026

$1.07m

32/1 Collins Street

apartment2 bd · 2 ba · 1 car

Sold ~July 2026

$790k

72 Molle Street

house2 bd · 1 ba · 3 car

Sold ~July 2026

$750k

7/37-39 Campbell Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$165k

221/156 Bathurst Street

apartment1 bd

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Hobart

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Compare the area

Price map around Hobart

Every listing for sale near Hobart, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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HobartNearby suburbs

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Common questions

Hobart suburb FAQ

What is the median property price in Hobart?

The median unit price in Hobart, TAS is $883k for a 2-bedroom home. Over the past year, median sold prices have fallen about 16.0%.

How much is rent in Hobart?

The median weekly rent in Hobart is around $680 per week.

Is Hobart a good place to live?

Hobart is the capital and most populous city of the island state of Tasmania, Australia. Hobart is an established residential suburb in TAS, with a population of around 3,390 and 6 schools in the area.

What is the population of Hobart?

Hobart has a population of 3,390 (ABS 2021 Census), with a median age of 31.

What schools are in Hobart?

There are 6 schools in or near Hobart, including St Mary's College, St Michael's Collegiate School and St Michael's Collegiate School - Middle School Campus.

How long do homes take to sell in Hobart?

Properties in Hobart take around 69 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Hobart?

Entry-level properties in Hobart start around $165k, while premium homes reach $2.05m.

What suburbs are near Hobart?

Suburbs near Hobart include Sandy Bay, Battery Point, Dynnyrne, Glebe and North Hobart.

Available now

Properties in Hobart

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NewFor Sale
$875,000
townhouse

Elevated privacy, sweeping views, effortless living

2/32 Fielding Drive, West Hobart TAS 7000
322329 m²
PeterswaldYesterday
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NewFor Sale
$520,000
apartment

Light-filled South Hobart living

4/313 Davey Street, South Hobart TAS 7004
21174 m²
Elders Real Estate HobartYesterday
Ask AI about this property
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For Sale
$845,000
house

Elevated Views and City-Fringe Convenience

389 Huon Road, South Hobart TAS 7004
312612 m²
Petrusma Property Sandy Bay1 month ago
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For Sale
$1.45m
house

Opportunity to buy 3 separate dwellings in the blue chip suburb of West Hobart.

1, 2 & 3/94 Forest Road, West Hobart TAS 7000
633
buymyplace3 weeks ago
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For Sale
$169,000
house

Set and Forget Investment

419/156 Bathurst Street, Hobart TAS 7000
1130 m²
Harcourts Hobart1 month ago
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For Sale
$495,000
land

Where Nature Meets Opportunity - Near to the iconic Cascade Brewery

35 Old Farm Road, South Hobart TAS 7004
9811 m²
Downton Property2 months ago
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Image 1
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For Sale
$495,000
land

Premium West Hobart Allotment

Lot 1 Stevens Farm Drive, West Hobart TAS 7000
1677 m²
Harcourts Signature Rosny Park3 months ago
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Image 1
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For Sale
$920,000
townhouse

Immaculate townhouse in prime West Hobart

3/29a Mellifont Street, West Hobart TAS 7000
321217 m²
Peterswald1 week ago
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For Sale
$1.35m
house

Award winning architectural restoration on the CBD fringe

42B Goulburn Street, Hobart TAS 7000
322248 m²
Elders Real Estate Hobart4 weeks ago
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For Sale
$325,000
apartment

Inner-city convenience in the heart of North Hobart

12/413-415 Elizabeth Street, North Hobart TAS 7000
135 m²
Elders Real Estate Hobart1 month ago
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For Sale
$600,000
villa

Panoramic River Views & City-Fringe Convenience

4/5 Lynton Avenue, South Hobart TAS 7004
211160 m²
Petrusma Property Sandy Bay2 weeks ago
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For Sale
$925,000
land

Spectacular Views with a DA!

116B Forest Road, West Hobart TAS 7000
2441 m²
Slate Estate Agents2 months ago
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