328 Murray St, North Hobart is a 6 bedroom, 3 bathroom BlockOfUnits. The property has a land size of 632m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 6 bedroom BlockOfUnits sold in North Hobart in the last 12 months.
Perfectly positioned at the top of Murray Street in one of Hobart's most desirable and tightly held precincts, this substantial 1880s residence presents an exceptional opportunity in the heart of North Hobart.
Steeped in history and character, the home retains the charm of its heritage origins while offering outstanding versatility. Once a single grand residence, the property has been adapted into three self-contained flats, each generating a strong rental return. This configuration provides an excellent investment opportunity, with the option to maintain as a high-yielding asset or explore the potential to restore it to a remarkable family home. The property currently generates a gross weekly return of $1,195 per week.
Occupying a commanding position, the property enjoys an attractive street presence with its classic façade and period detail. Inside, the spacious interiors are defined by high ceilings, generous proportions, and original architectural features that speak to the home's 19th-century craftsmanship.
At the rear, a private and sizable yard provides valuable outdoor space, a rarity in this central location, offering both amenity and potential for further landscaping.
Situated only moments from the renowned North Hobart restaurant and café strip, and within walking distance of the Hobart CBD, this property offers unparalleled convenience. Nearby parks, schools, and public transport further enhance the appeal of this blue-chip address.
Whether held as a secure and rewarding investment or transformed into a magnificent residence, this property represents an outstanding opportunity to secure a piece of Hobart's history in a premium city-fringe location.
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:
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