121/156 Bathurst StreetHobart TAS 7000
Property Details for 121/156 Bathurst St, Hobart
121/156 Bathurst St, Hobart is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. While the property is not currently for sale or for rent, it was last sold in February 2016.
Last Listing description (February 2016)
Superb Investment Opportunity!
Located in the Best Western Hotel in Central Hobart is this excellent investment unit which provides a great opportunity for those who are looking for an income stream level which is certainly hard to find with other investment properties.
Currently returning approximately 7.5% gross with no maintenance, cleaning or management. Best Western looks after it in its entirety and you just reap the rewards. Also given the current high demand for accommodation in Hobart and the shortage of supply this unit is going to only increase in value.
This is an excellent set and forget investment which would be perfect for self managed superannuation funds or general investors.
Property History for 121/156 Bathurst St, Hobart, TAS 7000
- 04 Feb 2016Sold - Price Undisclosed
- 08 Dec 2015Listed for Sale Offers Over $145,000
- 03 Oct 2013Listed for Rent - Price not available
Recent sales nearby
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About Hobart 7000
The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2016 was 2296 people. By 2021 the population was 3390 showing a population growth of 47.6% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation.In 2021, 27.40% of the homes in Hobart were owner-occupied compared with 26.40% in 2016.
Hobart has 3,090 properties. Over the last 5 years, Houses in Hobart have seen a -1.20% decrease in median value, while Units have seen a 10.64% increase. As at 30 April 2026:
- The median value for Houses in Hobart is $1,020,757 while the median value for Units is $773,891.
- Houses have a median rent of $700 while Units have a median rent of $650.
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