51 Cavell Street, West Hobart, TAS 7000 | House for sale | OnTheHouse
 
FOR SALE
Offers over $975,000

51 Cavell Street
West Hobart TAS 7000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 128m2
Land area: 329m2
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Live, Invest or Both – Exceptional Flexibility on Cavell Street

Discover the extraordinary charm and versatility of Cavell Street Retreat, a rare dual-occupancy opportunity in ever-popular West Hobart. Comprising a welcoming two-bedroom cottage at the front and a stylish, fully self-contained one-bedroom unit at the rear, this property is perfectly suited to both savvy investors and owner-occupiers seeking flexibility.
For those looking to live in West Hobart, the layout offers incredible lifestyle adaptability. Occupy one dwelling and use the other for extended family, guest accommodation, or a private studio or workspace. The two dwellings provide privacy, comfort, and room to grow—ideal for multigenerational living or those wanting separation between work and home life.
Investors will equally appreciate the strong performance and income security. Currently leased fully furnished:
Front house: $590 per week
Rear unit: $460 per week
Together returning $1,050 per week (gross yield approx. 5.5%), with both leases in place until early 2026, the property provides immediate, reliable income and a low-maintenance investment in a consistently high-demand suburb.
Positioned on sought-after Cavell Street, just a short walk to Hobart’s CBD, the location blends tranquillity with exceptional convenience. The original cottage is spacious and inviting, offering open-plan living and dining flowing into an updated kitchen.
The rear unit is a standout for both owners and tenants alike—recently updated and energy-efficient, featuring a 6-star energy rating, timber floors, high ceilings, and light-filled spaces. The upper-level bedroom captures beautiful water and mountain views, enhancing its livability and appeal.
Outdoor areas include a brick courtyard, established gardens, and sweeping views across Hobart and the River Derwent—perfect for relaxing or entertaining.
Whether you're an owner-occupier seeking a flexible home in a premium location, or an investor wanting a strong return and long-term growth potential, 51 Cavell Street presents an exceptional and rare offering in one of Hobart’s most desirable suburbs.
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Property Details for 51 Cavell St, West Hobart

51 Cavell St, West Hobart is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 329m2 and floor size of 128m2. The place is currently for sale with MIX Property Group.

Building Type
House
Floor Size
128m2
Land Size
329m2
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About West Hobart 7000

The size of West Hobart is approximately 3.9 square kilometres. It has 8 parks covering nearly 35.4% of total area. The population of West Hobart in 2016 was 5953 people. By 2021 the population was 6525 showing a population growth of 9.6% in the area during that time. The predominant age group in West Hobart is 20-29 years. Households in West Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hobart work in a professional occupation.In 2021, 63.40% of the homes in West Hobart were owner-occupied compared with 62.30% in 2016.

West Hobart has 2,949 properties. Over the last 5 years, Houses in West Hobart have seen a 22.38% increase in median value, while Units have seen a 25.43% increase. As at 31 October 2025:

  • The median value for Houses in West Hobart is $959,222 while the median value for Units is $686,150.
  • Houses have a median rent of $625 while Units have a median rent of $485.
There are currently 11 properties listed for sale, and 3 properties listed for rent in West hobart on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in West hobart.

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Marc Lester
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Samantha Lester
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MIX Property Group
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