3/42-50 Patrick Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

3/42-50 Patrick Street
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
Land area: 171m2
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Property Details for 3/42-50 Patrick St, Hobart

3/42-50 Patrick St, Hobart is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 171m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
Unit
Year Built
1930
Floor Size
77m2
Land Size
171m2
Local Government
Hobart
Lot/Plan
3/171510

Last Listing description (May 2020)

A hidden gem right in the city, you won't find a more central location. There's even room for your car with secure undercover off-street parking you drive straight into your own private garage.

It's a bit like the bat cave, no one would know it's there. Entry is from a side door to the building or via the secure undercover garage. The garage area is large enough to park two cars and has the potential to be converted into a second bedroom with a bathroom. The laundry is situated in the garage.


Upstairs you will find a beautiful open-plan studio space with a kitchen, dining, lounge and study nook. This space, which is flooded with natural light, is currently divided by the clever use of furniture into the bedroom and the living area. However it could be separated by installing an internal wall. The apartment has a bathroom with shower, vanity and toilet.

This property will suit anyone who loves city life and all that it has to offer. With the potential to add another bedroom and bathroom, this apartment could be a great investment for your future.

1 bedroom
potential for second bedroom and bathroom downstairs
two-car garage directly under the living space with secure entry and auto roller door for easy access and secure parking
private courtyard perfect for entertaining
walking distance to all the shops, services and restaurants of Hobart city, Salamanca and the Hobart waterfront.

This one won't be available for long, so what are you waiting for? Call today and let's get you through for a private inspection.

Property History for 3/42-50 Patrick St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$602,000
21 Apr 2020
  • 21 Apr 2020
    Sold for $602,000
  • 09 Apr 2020
    Listed for Sale Offers Over $595,000
  • 02 Dec 2015
    Listed for Sale Mid $400,000's- High 500,000's
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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 3,066 properties. Over the last 5 years, Houses in Hobart have seen a 10.69% increase in median value, while Units have seen a 8.33% increase. As at 30 November 2025:

  • The median value for Houses in Hobart is $990,740 while the median value for Units is $806,999.
  • Houses have a median rent of $620 while Units have a median rent of $630.
There are currently 21 properties listed for sale, and 51 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 70 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.