1/31 Hillborough Road, South Hobart, TAS 7004 | Property Value & History | OnTheHouse
OFF MARKET

1/31 Hillborough Road
South Hobart TAS 7004

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 56m2
Land area: 89m2
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Last updated 31 Aug 2026
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Property Details for 1/31 Hillborough Rd, South Hobart

1/31 Hillborough Rd, South Hobart is a 2 bedroom, 2 bathroom Unit and was built in 1972. The property has a land size of 89m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in October 2009.

Building Type
Unit
Year Built
1972
Floor Size
56m2
Land Size
89m2
Local Government
Hobart
Lot/Plan
1/59465

Last Listing description (July 2026)

Located in an elevated South Hobart position, moments from the historic Cascade Brewery precinct, 1/31 Hillborough Road presents a rare and refined dual income opportunity, commanding sweeping views across the valley toward Kunanyi / Mount Wellington and out to the city skyline and River Derwent. Comprising two fully self contained one bedroom, one bathroom residences under the one roof, each with its own kitchen, bathroom, laundry and private entry, this is an offering of genuine flexibility and enduring appeal.

The upper residence is accessed via a private external staircase, opening into a light filled living and dining space framed by a striking frosted glass window. The kitchen makes a bold statement with a vivid orange feature wall, while the window above the sink delivers an uninterrupted outlook to Kunanyi / Mount Wellington. The bedroom offers a peaceful retreat with plantation shutters, a ceiling fan and built in wardrobing, while the bathroom is concealed behind a dramatic black barn style sliding door and finished with a rain shower and timber topped vanity.

The lower residence carries its own distinct character, anchored by a striking graffiti glass splashback kitchen with timber benchtop and an inviting living space clad in raw OSB panelling with a window seat framing the bush clad hills beyond. The bedroom is well appointed with built in sliding storage and a versatile desk nook, complemented by an ensuite style bathroom finished with a floating vanity, terrazzo splashback and integrated laundry.

For the astute investor, this is a rare opportunity to secure two independent rental incomes from the one title, subject to the usual approvals. For the owner occupier, the configuration lends itself beautifully to multigenerational living, or the flexibility to occupy one residence while the other helps offset the mortgage.

Set among established gardens with a generous lawn and sweeping valley views, this is an address that delivers both lifestyle and long term financial reward in one of Hobart's most desirable enclaves, only minutes from South Hobart village and the CBD.

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Property History for 1/31 Hillborough Rd, South Hobart, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$185,000
10 Oct 2009
Listed for Rent
$465/w
13 Apr 2023
  • 22 Jul 2026
    Listed for Sale Offers Over $695,000
  • 29 Mar 2023
    Listed for Rent $465 / week
  • 10 Oct 2009
    Sold for $185,000
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About South Hobart 7004

The size of South Hobart is approximately 9.2 square kilometres. There are 7 parks, covering nearly 9.0% of the total area. The population of South Hobart in 2016 was 5313 people. By 2021 the population was 5886 showing a population growth of 10.8% in the area during that time. The predominant age group in South Hobart is 20-29 years. Households in South Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Hobart work in a professional occupation.In 2021, 63.70% of the homes in South Hobart were owner-occupied compared with 63.40% in 2016.

South Hobart has 2,661 properties. Over the last 5 years, Houses in South Hobart have seen a 5.62% increase in median value, while Units have seen a 14.22% increase. As at 31 July 2026:

  • The median value for Houses in South Hobart is $926,442 while the median value for Units is $608,338.
  • Houses have a median rent of $640 while Units have a median rent of $525.
There are currently 9 properties listed for sale, and 7 properties listed for rent in South hobart on OnTheHouse. According to Cotality's data, 101 properties were sold in the past 12 months in South 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.