Thinking about buying in North Hobart? Now could not be a better time, with 2276 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $579,000 with prices in this suburb ranging from $20,000 to $3,028,000. North Hobart is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

North Hobart Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in North Hobart driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in North Hobart 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. The high percentage of professional people in North Hobart classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in North Hobart 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 North Hobart

	249A ELIZABETH ST, NORTH HOBART, TAS, 7000	16	15	3	Offers in the $3M's
	UNIT 1, 9 MCTAVISH AV, NORTH HOBART, TAS, 7000	2	1	1	Offers Over $545,000
	UNIT 1, 10 ALBERRY AV, NORTH HOBART, TAS, 7000	5	2	3	Offers Over $1,300,000

---

---

---

---

Internet Speed

Download 25 Mbps / Upload 5 Mbps

---

Nearby Suburbs

---

Public Transport

---

General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!