127-131 Macquarie Street, Hobart, TAS 7000 sold on 28 November 2025 | OnTheHouse
SOLD
Sold on 28 Nov 2025 - Price Unavailable

127-131 Macquarie Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 548m2
Land area: 257m2
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Property Details for 127-131 Macquarie St, Hobart

Building Type
Commercial
Floor Size
548m2
Land Size
257m2

Last Listing description (November 2025)

RWC is proud to present 127-131 Macquarie Street, Hobart to market. This landmark corner property is not only a stunning commercial holding but also a building of national heritage significance, standing as a distinguished reminder of Hobart's colonial era.

Constructed in the mid 19th century, the property exemplifies the elegance and solidity of Georgian/Victorian architecture, with finely detailed façades, symmetrical proportions, and enduring sandstone construction that reflect the craftsmanship of early Tasmania. Its prominent corner position makes it one of the most recognisable and character-filled buildings within the city, offering both historic gravitas and ongoing commercial relevance.

The property features two superb ground floor retail tenancies, two levels of versatile office accommodation above, and an expansive basement, a configuration that has allowed it to remain both functional and adaptable across nearly two centuries of evolving city life. Once a centrepiece of Hobart's early mercantile activity, it continues today to offer a rare combination of historical prestige and modern amenity.

Located on one of Hobart's most prominent streets, within walking distance of Parliament House, St David's Park, and key civic institutions, the building offers a commanding presence and prestige seldom available in the market.

Whether held as a passive investment, partially occupied, or reimagined for a new future, this is the rare opportunity to become custodian of one of Hobart's most celebrated and enduring properties.

Building: 548 sqm*
Land: 257 sqm*

Property History for 127-131 Macquarie St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
28 Nov 2025
  • 01 Jun 2026
    Listed for Rent - Price not available
  • 28 Nov 2025
    Sold - Price Undisclosed
  • 03 Oct 2025
    Listed for Sale Contact Agent
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About Hobart 7000

The size of Hobart is approximately 2.1 square kilometres. There are 10 parks, covering nearly 4.8% of the 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 3,102 properties. Over the last 5 years, Houses in Hobart have seen a -3.04% decrease in median value, while Units have seen a -0.14% decrease. As at 31 July 2026:

  • The median value for Houses in Hobart is $1,055,615 while the median value for Units is $795,401.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 34 properties listed for sale, and 59 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 95 properties were sold in the past 12 months in Hobart.

Suburb Insights for Hobart 7000

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Hayden Peck
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Heather Mason
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RWC RWC Tasmania
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.