321/156 Bathurst Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

321/156 Bathurst Street
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 30m2
Land area: 30m2
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Property Details for 321/156 Bathurst St, Hobart

321/156 Bathurst St, Hobart is a 1 bedroom, 1 bathroom Unit 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 September 2018.

Building Type
Unit
Year Built
1976
Floor Size
30m2
Land Size
30m2
Local Government
Hobart
Lot/Plan
321/146357

Last Listing description (October 2018)

If youre after an investment opportunity that offers solid returns, look no further. Located in the Best Western building, we have two, 1 bedroom units up for grabs.

There is currently an active management agreement with the Best Western Hotel confirming consistent returns. An active lease is in place for each of the units, both due to expire in October 2023, with the option to extend for a 10-year period. Currently, the return per unit is approximately $13,971 net per annum.

Each of the units have their own balcony that open to a stunning view of Mount Wellington and the surrounding city aspect. Along with the ownership of the unit it comes with a list of benefits through the Best Western such as discounts and complimentary accommodation.

The Best Western offers a vast range of amenities and services including exercise facilities, a cocktail lounge, a laundromat and dry-cleaning service and much more.

Just a 5-minute walk to the heart of the city and only a 15-minute stroll to Salamanca, with an amazing location in the Hobart CBD the positioning couldnt be better for people on vacation or for a quick business trip. #AtYourService

Property History for 321/156 Bathurst St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$460,000
23 Sep 2018
  • 23 Sep 2018
    Sold for $460,000
  • 17 Sep 2018
    Listed for Sale Buyers looking in the $225,000+ price range each
  • 21 Jul 2006
    Sold for $300,000
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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.

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.