306 Murray Street, North Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

306 Murray Street
North Hobart TAS 7000

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
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Property Details for 306 Murray St, North Hobart

306 Murray St, North Hobart is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1880. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1880
Local Government
Hobart
Lot/Plan
1/219993

Last Listing description (May 2026)

Heritage Commercial Premises with Income-Producing Units

This beautiful Victorian property at 306 Murray Street is located on the city fringe and has on offer two levels of spacious accommodation, ideal for office/consulting rooms, or for those looking to live and work from home. The lower ground level comprises 4 large character rooms with rear toilet/bathroom amenities and a brand new kitchen. The first floor provides a further 4 rooms, toilet and sun room with views of the city. If you are looking for a flexible working environment with the option to live onsite then look no further. The property is in walking distance to North Hobart and off street parking can be made available.

This beautiful Victorian-era building occupies a commanding elevated position at the gateway to North Hobart, offering a prestigious business address with sweeping views over Murray Street to the CBD skyline. The property has been successfully used for commercial office purposes and presents an outstanding opportunity for professional services firms seeking character premises with genuine presence.


The main building provides accommodation across two levels, featuring high ceilings, ornate cornices, multiple fireplaces, original timber floors, and elegant bay windows throughout. The ground floor offers a reception area, multiple offices or consulting rooms, a well-appointed kitchen, and bathroom facilities. The first floor delivers additional office space, a light-filled sunroom, and a covered verandah with panoramic city views that would serve equally well as a client meeting space or staff amenity.

Period features abound including decorative lacework balustrades, arched doorways, and cedar joinery, creating an immediate impression of quality and permanence that appeals to discerning clientele. Modern additions include updated bathrooms and heating throughout.

The property includes two self-contained residential units at the rear which may be used to offset the commercial rent, sublet to complementary businesses, or utilised in conjunction with the main building for staff accommodation or overflow space. A 47 sqm garage/workshop, storage areas, and established gardens complete the offering. The sloping site provides driveway access and secure undercover parking.

Situated opposite Elizabeth College and moments from the vibrant North Hobart restaurant strip, the location offers excellent accessibility for staff and clients alike, with public transport connections and plentiful on-street parking nearby. The CBD is a short walk down Murray Street.

This property would ideally suit medical practitioners, accountants, lawyers, architects, or any professional services firm seeking to establish their business in distinctive premises that set them apart from conventional commercial offerings.

Features:
Approx. 238 sqm heritage commercial building over two levels
Two self-contained residential units (2BR unit ~60 sqm, studio ~40 sqm)
47 sqm garage/workshop plus storage
Multiple fireplaces and period features throughout
City views from upper level and verandah
Secure driveway parking
Established gardens with outdoor areas

Property History for 306 Murray St, North Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$2,338,000
26 Nov 2021
  • 16 Dec 2025
    Listed for Rent - Price not available
  • 06 Jan 2022
    Listed for Rent $975
  • 26 Nov 2021
    Sold - Price Undisclosed
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About North Hobart 7000

The size of North Hobart is approximately 1.0 square kilometres. There are 3 parks, covering nearly 5.6% of the total area. The population of North Hobart in 2016 was 2494 people. By 2021 the population was 2600 showing a population growth of 4.2% in the area during that time. The predominant age group in North Hobart is 20-29 years. Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation.In 2021, 43.80% of the homes in North Hobart were owner-occupied compared with 41.80% in 2016.

North Hobart has 1,619 properties. Over the last 5 years, Houses in North Hobart have seen a -3.22% decrease in median value, while Units have seen a -2.02% decrease. As at 31 July 2026:

  • The median value for Houses in North Hobart is $910,805 while the median value for Units is $718,874.
  • Houses have a median rent of $620 while Units have a median rent of $620.
There are currently 13 properties listed for sale, and 11 properties listed for rent in North hobart on OnTheHouse. According to Cotality's data, 72 properties were sold in the past 12 months in North hobart.

Suburb Insights for North 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.