206/156 Bathurst Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
 
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206/156 Bathurst Street
Hobart TAS 7000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 51m2
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Last updated 11 May 2026
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Property Details for 206/156 Bathurst St, Hobart

206/156 Bathurst St, Hobart is a 2 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 51m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2006.

Building Type
Unit
Year Built
1976
Floor Size
50m2
Land Size
51m2
Local Government
Hobart
Lot/Plan
206/146357

Last Listing description (May 2026)

Looking for an easy investment with a long-term lease and strong returns? This 2 bedroom unit in Best Western Hobart offers just that.Income is approximately 6% gross yield (5% net) and a lease secured until June 2035, with an option to extend to June 2045.Returns are calculated based on the hotel's total accommodation and car parking revenue rather than this unit's individual occupancy rate, ensuring a more stable income stream.Best Western Hobart features modern conveniences such as conference/function rooms, a bar and restaurant, making it a sought-after destination for visitors.Each bedroom has a separate balcony with scenic views to Hobart City.Best Western is situated within easy access to Central Hobart, Salamanca Markets and the Waterfront.Owners are responsible for council and water rates and a Strata Levy contribution, currently estimated at approximately $1,889 per unit per year.Photos have been provided by Best Western Hotel and may not depict the specific unit 206 but offer a close

Property History for 206/156 Bathurst St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$150,000
13 Feb 2006
  • 20 Apr 2026
    Sold
  • 21 Jan 2026
    Listed for Sale $169,000
  • 13 Feb 2006
    Sold for $150,000
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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.
There are currently 34 properties listed for sale, and 58 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 87 properties were sold in the past 12 months in Hobart.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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