5/118-120 Elizabeth StreetHobart TAS 7000
Property Details for 5/118-120 Elizabeth St, Hobart
Last Listing description (November 2016)
Centrally located retail premises. A great opportunity to secure an affordable retail site in busy Elizabeth Street. Comprising of shop front, kitchenette, toilet, rear access. Neighbouring diverse retail and food outlets with significant passing foot traffic. Nearby University development places this retail site great growth potential. Lease terms are negotiable.
Property History for 5/118-120 Elizabeth St, Hobart, TAS 7000
- 07 May 2015Listed for Rent - Price not available
- 28 Apr 2015Sold for $280,000
- 12 Apr 2015Listed for Sale Not Disclosed
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0About 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 3,101 properties. Over the last 5 years, Houses in Hobart have seen a -0.43% decrease in median value, while Units have seen a 3.37% increase. As at 31 August 2026:
- The median value for Houses in Hobart is $1,084,039 while the median value for Units is $815,371.
- Houses have a median rent of $685 while Units have a median rent of $650.
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