272 Murray Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

272 Murray Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1550m2
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Property Details for 272 Murray St, Hobart

Building Type
Commercial
Year Built
1900
Land Size
1550m2
Local Government
Hobart
Lot/Plan
4182/70

Last Listing description (September 2010)

Waratah Hotel
Prominently located on the CBD fringe with access to 2 major streets.
Includes public & lounge bars, dining room seating 100, gaming lounge with 15 machines and keno, austar, drive in bottle shop, 18 ensuite rooms, office, managers flat and onsite sealed parking.

2009 Annual revenue of $3,015,802 which includes substantial accommodation income.
The hotel has been in the same family for 30 years and is now available for a 6 year lease for an ingoing of only $90,000 plus stock (est. $170,000).
Landlord is currently refurbishing some of the areas which is included in the sale.

Property History for 272 Murray St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$5,300,000
08 Aug 2019
Listed for Rent
22 Jul 2010
  • 08 Aug 2019
    Sold for $5,300,000
  • 04 Jun 2015
    Sold for $715,275
  • 22 Jul 2010
    Listed for Rent - Price not available
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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 35 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.

Suburb Insights for Hobart 7000

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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.