328/156 Bathurst StreetHobart TAS 7000
Property Details for 328/156 Bathurst St, Hobart
328/156 Bathurst St, Hobart is a 1 bedroom, 1 bathroom House 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 October 2026. There are other 1 bedroom House sold in Hobart in the last 12 months.
Last Listing description (October 2026)
Looking for an easy investment with a long-term lease and strong returns? This 1 bedroom unit in Best Western Hobart offers just that.Based on 2025/2026 figures, gross returns represent approximately 8.5%, with net returns around 7.5%.The lease is 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, helping to provide 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.Best Western is situated within easy access to Central Hobart, Salamanca Markets and the Waterfront.Owners are responsible for land tax, council rates, and a strata levy contribution, currently estimated at approximately $1,943 in total per unit per year.Photos have been provided by Best Western Hotel and may not depict the specific unit 328, but offer a
Property History for 328/156 Bathurst St, Hobart, TAS 7000
- 05 Oct 2026Listed for Sale $165,000
- 05 Oct 2026Sold
- 20 Feb 2006Sold for $150,000
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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.
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