8/38 Patrick Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

8/38 Patrick Street
Hobart TAS 7000

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 173m2
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Property Details for 8/38 Patrick St, Hobart

8/38 Patrick St, Hobart is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 173m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2004
Floor Size
90m2
Land Size
173m2
Local Government
Hobart
Lot/Plan
10/141768

Last Listing description (December 2021)

Set within a private architecturally designed complex, this contemporary apartment is light filled, with open-plan living taking in city and mountain views.

Occupying the premium city facing end of the development, this apartment enjoys the best aspect and views in the building, complemented by a large balcony, bi-fold windows to bring the outside in and benefits that come with a lock-up garage and second car space, all contained within secure gated grounds.

The spacious open-plan living, kitchen, and dining area feature a mix of industrial styled burnished concrete floors, large expanses of windows and high ceilings with gallery like walls. This area opens to the private terrace/balcony for ease of entertainment straight off the kitchen, the perfect place to enjoy summer evenings. This floor also has a separate powder room.

Upstairs the two generous bedrooms feature built-in robes with the master also facing the city and being elevated enough to enjoy Derwent River glimpses. The family bathroom has a bath/shower, toilet and vanity and there is a European laundry with additional storage neatly tucked behind bi-fold doors in the hallway.

Stylish architect-designed building
Gated complex of fourteen apartments
Beautiful communal lawn with BBQ facilities
Remote-controlled garage with added storage, clothes line, and internal access
Spectacular city and mountain views
Modern interiors with quality finishes
Split level floor plan with intercom access
Airconditioned living and panel heaters throughout
Two generously sized bedrooms with built-ins
Modern full bathroom, 2 toilets, separate laundry

The central location is sure to please with easy walking access to Hobart's CBD, the waterfront, or North Hobart. With shops, schools, services, and transport all in easy reach, this is a perfect city base to live and explore all that Hobart has to offer.

Currently tenanted and fully furnished until April 2022, this is a great investment opportunity or can be yours to move in to within six months.

Year Built: 2004
Rates: $2000 pa
Water: $1000 pa
Strata: $2370 pa
Current Rent: $650 per week

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Property History for 8/38 Patrick St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$790,000
23 Dec 2021
Listed for Rent
$649/w
30 Mar 2021
  • 23 Dec 2021
    Sold for $790,000
  • 15 Dec 2021
    Listed for Sale Offers Over $695,000
  • 30 Mar 2021
    Listed for Rent $650 / week
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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 3,088 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.
There are currently 34 properties listed for sale, and 56 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 89 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.