53 Elizabeth Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

53 Elizabeth Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 169m2
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Property Details for 53 Elizabeth St, Hobart

Building Type
Commercial
Year Built
1957
Floor Size
120m2
Land Size
169m2
Local Government
Hobart
Lot/Plan
2/100992

Last Listing description (February 2026)

Raine & Horne Commercial - Hobart are delighted to offer for lease a multi-purpose commercial tenancy within Elizabeth Street Mall, the retail heart of Hobart's CBD.

Features include;

A premium, central mall position above Price Cutters, and nearby JD Sports, Cotton On, Supre, Target, Ally, and many other leading national retailers.

Numerous signage options.

Comprises a first-floor tenancy (148m2 approx) with stair access from Elizabeth Mall. Features a largely open plan layout incorporating a large office/storeroom, lunchroom, and separate rear amenities. An expansive front window and skylights provide exceptional natural light, whilst 2 x air-conditioners provide heating/cooling.

With previous uses including a hairdresser, and more recently a beauty salon, this blank canvas is suited to a range of businesses including retail, office, service industries etc (STCA).

Available now.

Property History for 53 Elizabeth St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,730,000
23 Feb 2007
Listed for Rent
$594/w
19 May 2025
  • 19 May 2025
    Listed for Rent - Price not available
  • 23 Dec 2024
    Listed for Rent $31,000 / year
  • 06 Aug 2024
    Listed for Rent - Price not available
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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 3,102 properties. Over the last 5 years, Houses in Hobart have seen a -3.04% decrease in median value, while Units have seen a -0.14% decrease. As at 31 July 2026:

  • The median value for Houses in Hobart is $1,055,615 while the median value for Units is $795,401.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 34 properties listed for sale, and 58 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 90 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.