6/118-120 Elizabeth Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

6/118-120 Elizabeth Street
Hobart TAS 7000

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 122m2
Land area: 132m2
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Property Details for 6/118-120 Elizabeth St, Hobart

6/118-120 Elizabeth St, Hobart is a 3 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 132m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1930
Floor Size
122m2
Land Size
132m2
Local Government
Hobart
Lot/Plan
6/154980

Last Listing description (July 2021)

Built in 1927, this fabulous inner-city apartment is positioned in the heart of Hobart CBD, offering a wonderful lifestyle or investment opportunity. With high ceilings, stunning polished floorboards and light-filled living spaces, this spacious apartment, currently being managed as an Airbnb, provides a wonderful sanctuary in the city. The flexible floor plan offers up to 3 bedrooms and a lovely open plan kitchen / living space. Freshly painted throughout and with a stylishly renovated kitchen and bathroom, this charming city pad has been renovated to a very high standard to provide comfortable living including double-glazed windows throughout, ducted reverse-cycle air-conditoning, natural gas fireplace and hot water and quality appliances. The bathroom boasts a walk-in shower and polished concrete floor. Outside, the sunny courtyard offers a space for outdoor entertaining or growing vegetables and herbs. This truly is a unique offering to the Hobart market and an opportunity not to be missed. Property is accessed from 50a Melville Street.

- Double-glazed windows throughout
- Light-filled living spaces

- High ceilings
- Freshly painted throughout
- Rewired
- Stunning polished floorboards
- Ducted Daiken heating/ cooling
- Gas Fireplace
- Gas Hot Water
- Flexible floorplan
- Currently run as Airbnb

Council rates: $1690 pa approximately
Fixed water rates: $800 pa approximately
Strata fees: $2500 pa approximately

Property History for 6/118-120 Elizabeth St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$777,000
14 May 2021
  • 14 May 2021
    Sold for $777,000
  • 05 May 2021
    Listed for Sale Offers over $725,000
  • 16 Dec 2018
    Sold for $635,000
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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 3,066 properties. Over the last 5 years, Houses in Hobart have seen a 10.69% increase in median value, while Units have seen a 8.33% increase. As at 30 November 2025:

  • The median value for Houses in Hobart is $990,740 while the median value for Units is $806,999.
  • Houses have a median rent of $620 while Units have a median rent of $630.
There are currently 21 properties listed for sale, and 52 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 70 properties were sold in the past 12 months in Hobart.

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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.