350 Macquarie St, South Hobart is a 3 bedroom, 1 bathroom House and was built in 1925. The property has a land size of 157m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 1994.
Positioned within easy reach of the city, this well-presented South Hobart property offers an outstanding opportunity for buyers seeking a low-maintenance city pad, high-performing investment property or Airbnb venture. Showcasing lovely period features, views of Mount Wellington and a flexible two-level floorplan, the home combines character with convenience in a tightly held inner-city pocket. Sold fully furnished with a current tenancy in place until January 2027, this is a ready-made investment with immediate rental income, appealing to those looking to secure Hobart real estate in a proven growth market.The accommodation includes two generous size bedrooms on the upper level, complemented by a sunroom/study. Downstairs, the functional kitchen and bathroom are well positioned for practical living. A lovely light-filled front lounge provides the option of an additional bedroom or spacious home office while a private dining space offers the perfect place to host intimate dinners and entertain. The rear courtyard with covered space provides a private area for relaxing and has been paved for low-maintenance up-keep. A designated off-street parking space adds further value in this inner-city setting. With its combination of character details, practical layout and strong rental credentials, this property presents as an ideal investment opportunity or convenient city base.Located just minutes' drive to Hobart CBD or an easy walk of under 30 minutes into the city, the home enjoys close proximity to local cafs, restaurants, a florist, post office, butcher and so much more. A short stroll also places you at the Hobart waterfront, Fitzroy Park and the Hobart Rivulet Track, offering excellent amenity for residents and tenants alike. With urban views and glimpses toward Mount Wellington/kunanyi and everyday essentials at your doorstep, this is a strategic purchase in the Hobart property market that delivers on lifestyle, location and long-term value.Year Built: 1925 Construction: Brick Annual Water Rates: $1,479 approx. Annual Council Rates: $3,500 -$4,000 approx.*Currently tenanted at approx. $640 per week until January 2027
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:
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