Suburb Profile

Suburb profile for,

West Hobart, TAS

Located in the dynamic state of TAS (postcode 7000), WEST HOBART is a vibrant real estate market. This suburb holds a median house price of $1,060,000 and has demonstrated an average buying growth of Up 5.9%. Last month, 17 houses were available, with 55 transactions completed in the past year. Properties spend around 12 days on the market, reflecting the area's demand with 1480 interested buyers. The average rental yield stands at 3.1%, with a weekly median rent of $465 per week and an average rent growth of Down -4.2%. Rental properties usually stay on the market for 17 days. The population in 2016 was 5978, which changed by +3.10% in the past five years. The median weekly household income is $1,537, reflecting an income change of +13.35% over the past five years. Residents have a median age of 39 years, and the suburb has an average annual growth for houses of +12.09%. To fully take advantage of WEST HOBART's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in WEST HOBART, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

West Hobart, TAS

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
TAS
Suburb
WEST HOBART
Postcode
7000
Median price for all dwellings
$1,060,000
Last 12 months growth return
Up 5.9%
Avg. dwellings for sale in the suburb every month
17
Avg. dwellings sold in the suburb in previous 12 months
55
Avg days on market for a dwelling listing to sell
12 days
Avg. number of people searching in this suburb every month
1480
Avg. rental yield per annum
3.10%
Weekly median rent for all dwellings
$465 per week
Median price for all houses
$1,060,000
Avg. rental yield growth in the previous 12 months
3.10%
Avg. days for a rental listing to find a tennant
17 days
Total suburb population in 2016
5978
Total suburb population change in 5 years up to 2016
3.10%
Avg. household income per week
$1,537
Median age of the population in the suburb
39
Historic avg annual growth return per annum in the suburb
12.09%

Try Handle risk-free for 14 days!

Receive high quality property recommendations with a rental guarantee.
Full refund if we cannot find you properties that meet your needs.
Get started today!
😎
End-to-End Service
👊🏼
14-day risk free trial
🚀
Off