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Tolmans Hill
TAS, 7007 - Hobart

Thinking about buying in Tolmans Hill? Now could not be a better time, with just 292 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $829,000 with prices in this suburb ranging from $63,000 to $2,765,000. Tolmans Hill is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $537.50
Median Monthly Mortgage $2131.50
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 38.50
Average Income $1046.00
Average Cars Per Dwelling 2.08
Average Properties Within 50M 6

Housing Stock

Average Property Prices

2 Bed  $743,000
3 Bed  $898,000
4 Bed  $947,000
5 Bed  $791,000
6 Bed+$996,000

Tolmans Hill Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Tolmans Hill driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Tolmans Hill ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Tolmans Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Tolmans Hill requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Tolmans Hill

LJ Hooker 46 HILLCREST RD, TOLMANS HILL, TAS, 7007 Beds4 Bathrooms4 Parking 6 Offers Over $2.25 Million

Local Schools

Hobart College

Princes Street Primary School

Mount Nelson Primary School

South Hobart Primary School

The Hutchins School

Mount Carmel College

Albuera Street Primary School

Goulburn Street Primary School

(While the above schools are located with the suburb of Tolmans Hill there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Tolmans Hill weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.013.623.938.080.45.023.1
Feb1.012.922.442.383.14.518.0
Mar1.212.021.443.584.04.312.8
Apr1.110.018.843.882.94.59.3
May2.07.715.449.884.94.55.9
Jun1.75.813.157.088.14.45.0
Jul1.45.31352.885.24.76.0
Aug2.05.313.749.084.94.88.3
Sept1.67.416.342.484.24.812.5
Oct1.88.518.041.083.44.817.7
Nov1.710.419.840.883.15.020
Dec1.712.021.541.481.44.923.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

DynnyrneRidgewayMount NelsonSouth HobartSandy BayWest HobartBattery PointHobartFern TreeMount Stuart

Public Transport


General Points of Interest

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