231 Collins Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

231 Collins Street
Hobart TAS 7000

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
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Property Details for 231 Collins St, Hobart

231 Collins St, Hobart is a 3 bedroom, 3 bathroom House with 1 parking spaces and was built in 1925. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1925
Local Government
Hobart
Lot/Plan
1/146925

Last Listing description (September 2026)

Exceptional Inner-City Living with Remarkable Mixed-Use Potential

Positioned within one of Hobart's most tightly held city-fringe precincts, 231 Collins Street presents a rare opportunity to combine sophisticated inner-city living with genuine flexibility. With mixed-use zoning, approval for visitor accommodation and a floorplan that allows different areas of the property to operate independently, this is a home that can adapt beautifully to the way its next owner chooses to live, work or invest.

Beyond its charming c1925 faade, the property unfolds across multiple levels, revealing an impressive and highly versatile interior. Whether enjoyed entirely as a private residence, configured to incorporate consulting or professional rooms, used for multigenerational living, or combined with visitor accommodation or a separately occupied space, the possibilities here are exceptional.

The main living level is centred around generous open-plan living and dining, complemented by a well-appointed kitchen and seamless connection to a large, private courtyard. Sheltered and wonderfully spacious, this outdoor area creates an inviting extension of the home for entertaining, dining or simply enjoying a quiet retreat in the heart of the city.

Upstairs, two substantial bedrooms provide a sense of privacy away from the main living areas. The impressive main suite features a walk-in wardrobe, oversized ensuite and direct access to a sunny private deck, while the second bedroom includes built-in robes and is serviced by a beautifully appointed main bathroom. A dedicated study nook and separate laundry add further practicality to this level.

It is the lower level, however, that introduces another dimension to the property. Privately positioned and incorporating a third bedroom, separate lounge, kitchenette and access to a third bathroom, this area can function independently from the main residence. It can be secured from the remainder of the home, while separate rear access allows the principal residence to continue to operate independently.

For an owner wanting to work from home, this creates exciting potential for consulting or professional rooms without compromising the privacy of the residence. Equally, the space lends itself beautifully to extended family, guests, older children or potentially a separately occupied area. Combined with the property's mixed-use zoning and existing approval for visitor accommodation, there is considerable flexibility to explore a variety of residential, commercial and income-producing uses, subject to any relevant approvals.

Importantly, there is no Owners Corporation, offering a level of independence rarely associated with a property of this style and location.

Comfort and quality have also been carefully considered. Double glazing, hydronic heating, solar panels and an electric vehicle charger enhance everyday efficiency, while the home's HIA award-winning design reflects the quality and attention to detail evident throughout.

A secure garage provides off-street parking, with an additional dedicated space directly in front. Two car spaces in total and an increasingly rare advantage this close to the city.

And then there is the location. The Hobart CBD, Salamanca Place, waterfront, restaurants, cafs, boutique shopping and cultural attractions are all within easy walking distance, creating an exceptional opportunity to live and work from one incredibly convenient address.

Sophisticated yet wonderfully adaptable, 231 Collins Street is far more than an inner-city residence. It is a property with the flexibility to evolve, a beautiful home, a place to run a business, an investment, approved visitor accommodation, or a combination of them all.

Heating: Hydronic heating throughout, 2 reverse-cycle airconditioners
Year built: 1925
Council rates: $3,640 per annum approx.
Fixed water rates: $1,189 per annum approx.
Rental estimate: $1000.00 - $1100.00 Per week.

Property History for 231 Collins St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,488,000
29 Apr 2021
  • 27 Sep 2026
    Listed for Sale Offers Over $1,400,000
  • 27 May 2024
    Listed for Sale $1,495,000+ price range
  • 29 Apr 2021
    Sold - Price Undisclosed
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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 3,105 properties. Over the last 5 years, Houses in Hobart have seen a -5.26% decrease in median value, while Units have seen a -7.53% decrease. As at 30 September 2026:

  • The median value for Houses in Hobart is $1,032,929 while the median value for Units is $752,324.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 30 properties listed for sale, and 64 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 97 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.