323/156 Bathurst StreetHobart TAS 7000
Property Details for 323/156 Bathurst St, Hobart
323/156 Bathurst St, Hobart is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 55m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Hobart in the last 12 months.
Last Listing description (May 2026)
Looking for an easy investment with a long-term lease and strong returns? This 2 bedroom unit in Best Western Hobart offers just that.Income is approximately 6% gross yield (5% net) and a lease secured until June 2035, with an option to extend to June 2045.Returns are calculated based on the hotel's total accommodation and car parking revenue rather than this unit's individual occupancy rate, ensuring a more stable income stream.Best Western Hobart features modern conveniences such as conference/function rooms, a bar and restaurant, making it a sought-after destination for visitors.Each bedroom has a separate balcony with scenic views to Hobart City.Best Western is situated within easy access to Central Hobart, Salamanca Markets and the Waterfront.Owners are responsible for council and water rates and a Strata Levy contribution, currently estimated at approximately $1,889 per unit per year.Photos have been provided by Best Western Hotel and may not depict the specific unit 323 but offer a close
Property History for 323/156 Bathurst St, Hobart, TAS 7000
- 20 Apr 2026Listed for Sale $165,000
- 20 Apr 2026Sold
- 26 Nov 2019Sold for $226,000
Recent sales nearby
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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.
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