156 Brisbane Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

156 Brisbane Street
Hobart TAS 7000

Bedrooms: 5
Bathrooms: 4
Car spaces: 1
Floor area: 178m2
Land area: 685m2
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Property Details for 156 Brisbane St, Hobart

156 Brisbane St, Hobart is a 5 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 1956. The property has a land size of 685m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
1956
Floor Size
178m2
Land Size
685m2
Local Government
Hobart
Lot/Plan
1/27493

Last Listing description (June 2024)

Discover a boutique block comprising four apartments, an ideal investment opportunity for savvy investors. Located strategically, this property features three spacious one-bedroom apartments and one two bedroom apartment. The well-designed apartments boast generous open floor plans and access to the communal backyard and storage.

The complex is enhanced by a shared laundry facility at the rear which was recently upgraded, maintained gardens and parking options on street are conveniently situated at the front of the property.

Seize the chance to unlock the doors to investment success with this prime blue-chip property. Currently yielding a net return of approximately 6.2% with potential to increase, it promises a projected rental return of $82,160 per annum with an appraised value of $86,320 per annum all with existing tenancies in place.

Situated just minutes away from Hobart CBD, this property encompasses 685sqm of land and offers a fully occupied apartment complex. With a potential yield exceeding 6.5%, it stands as an excellent investment for your Superannuation fund or portfolio.

Key Features:
Land Size: 685sqm
Fully occupied apartment complex
Potential yield of over 6.5%
Ideal for Superannuation fund investment
Three (3) 1-bedroom apartments
One (1) 2-bedroom apartment
Current Rental Return: $82,160 per annum (approx.)
Projected Rental Return: $86,320 per annum (approx.)
Practical outdoor space
500m walk to Hobart City

This exclusive property is available for inspection by appointment only. For further information please contact Nat Downton or Hamish Reeve.

If you're contemplating selling, don't hesitate to reach out to Nat Downton from Downton Property, honoured as the Number 1 Agent in Australia by the Real Estate Institute of Australia, and Hamish Reeve Australian finalist for "Young Gun Agent " for REB, for a no-obligation free market appraisal

Property History for 156 Brisbane St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,112,000
02 Feb 2024
  • 02 Feb 2024
    Sold for $1,112,000
  • 16 Jan 2024
    Listed for Sale Offers Over $1,100,000
  • 27 Jul 2001
    Sold for $179,000
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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 3,094 properties. Over the last 5 years, Houses in Hobart have seen a -0.28% decrease in median value, while Units have seen a -2.34% decrease. As at 30 June 2026:

  • The median value for Houses in Hobart is $1,042,791 while the median value for Units is $768,476.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 57 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 92 properties were sold in the past 12 months in Hobart.

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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.