227/156 Bathurst Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
 
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227/156 Bathurst Street
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 30m2
Land area: 30m2
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Last updated 26 Jan 2026
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Property Details for 227/156 Bathurst St, Hobart

227/156 Bathurst St, Hobart is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 30m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Unit
Year Built
1976
Floor Size
30m2
Land Size
30m2
Local Government
Hobart
Lot/Plan
227/146357

Last Listing description (August 2018)

Looking for somewhere to park your money with a clean 6% return, no outgoings and no maintenance costs? If your answer is yes then look no further than suite 227 in the Best Western Hobart.
Currently leased back to Best Western for around $13,000 per annum until October 2023 net of any GST, and regardless of this specific unit's individual occupancy rate. Best Western pay for all rates, maintenance and renovations. It really is a set and forget investment perfect for the investor just starting out, or to add to your self-managed superannuation fund. Buy in and reserve your place in Australia's hottest growth capital city that is well and truly on the international radar.
Being an owner entitles you to stay at the hotel for 4 nights of the year and discounts across the Best Western chain.

Best Western Hobart has all of the modern conveniences one would expect in a hotel including gym, conference / function rooms, bar and restaurant.
Be quick to avoid disappointment, as unit 208 and unit 105 sold in less than a week on market some months ago, and I anticipate this one will follow suit.
Please note, photos provided by Best Western Hotel images shown may not be of the specific unit 227 but do provide a close example.
? Rent approximately $13,000 regardless of individual occupancy rate
? 6% yield in the heart of Hobart
? outgoings and maintenance costs absorbed by Best Western
? 30.3m2 approximate unit size
? Built 1976

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Property History for 227/156 Bathurst St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$236,500
26 Jun 2018
  • 26 Jun 2018
    Sold for $236,500
  • 19 Jun 2018
    Listed for Sale Best offer over $230,000
  • 23 Mar 2007
    Sold for $146,075
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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 3,059 properties. Over the last 5 years, Houses in Hobart have seen a 15.77% increase in median value, while Units have seen a 23.82% increase. As at 31 December 2025:

  • The median value for Houses in Hobart is $1,002,167 while the median value for Units is $789,435.
  • Houses have a median rent of $623 while Units have a median rent of $650.
There are currently 17 properties listed for sale, and 44 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 83 properties were sold in the past 12 months in Hobart.

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© 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.

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