15 Macfarlane StreetSouth Hobart TAS 7004
Property Details for 15 Macfarlane St, South Hobart
15 Macfarlane St, South Hobart is a 7 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 1961. The property has a land size of 463m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
Here is an opportunity for all those investors out there looking to either add to their portfolio or start one with this rock solid home. The property consists of two apartments, one three bedroom and the other four, on a single title offering the opportunity to live in one upon completion of the lease whilst offsetting your mortgage leasing the other. A good rental yield and with good capital investment potential in the quickly growing suburb of South Hobart this could be a winner for the savvy investors.
- 2 separate apartments on one title
- Currently returning over 5% yield
- Premium South Hobart location
- No work required
- Opportunity to value add down the track
- New roof and insulation
- Upgrades to unit 1 including double glazing, plumbing and hot water
- 2 off-street car parks per apartment
- Close to Shops, Schools and Transport
Contact Simon today for more information
Property History for 15 Macfarlane St, South Hobart, TAS 7004
- 01 Mar 2021Sold for $870,000
- 25 Aug 2020Listed for Rent $480 / week
- 21 Aug 2020Listed for Sale Offers Over $925,000
Recent sales nearby
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0About South Hobart 7004
The size of South Hobart is approximately 9.2 square kilometres. It has 7 parks covering nearly 9.0% of 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 30-39 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 2,655 properties. Over the last 5 years, Houses in South Hobart have seen a 27.21% increase in median value, while Units have seen a 53.32% increase. As at 30 November 2025:
- The median value for Houses in South Hobart is $898,347 while the median value for Units is $652,305.
- Houses have a median rent of $550 while Units have a median rent of $543.
Suburb Insights for South Hobart 7004
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