23 Barrack Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
 
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23 Barrack Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 650m2
Land area: 1769m2
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Property Details for 23 Barrack St, Hobart

Building Type
Commercial
Year Built
2002
Floor Size
650m2
Land Size
1769m2
Local Government
Hobart
Lot/Plan
2/106112

Last Listing description (March 2018)

Edwards Windsor are excited to offer for sale this state of the art, two level, free-standing showroom, with extensive frontage to Barrack and Collins Street, in an unbeatable position in the heart of Hobart's CBD.
The world renowned motoring icons: BMW and Mini trade from this modern showroom, office and service facility.
The property is currently leased by an established Hobart motoring trader, with the lease expiring 31 March 2020 at a current rental of $265,000 per annum, plus outgoings.

The corner site has a frontage of over 78 metres to Barrack and Collins Street and an overall area of approximately 1,741 sqm.
The land is zoned 'Central Business' on the City of Hobart Interim Planning Scheme, which allows for a wide variety of potential uses. The development potential of 23 Barrack Street is considered to be substantially above the existing development on the site.
The property is being offered for sale by Expression of Interest, closing Wednesday 28 February 2018 at 3pm.
Please call now for further information.

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Property History for 23 Barrack St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$5,250,000
09 Mar 2018
  • 09 Mar 2018
    Sold for $5,250,000
  • 01 Feb 2018
    Listed for Sale EXPRESSIONS OF INTEREST
  • 30 Mar 2016
    Sold for $2,725,000
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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 3,060 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, 85 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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