140 Forest Rd, West Hobart is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1953. The property has a land size of 997m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Ideally positioned in a coveted city fringe location, within just minutes of Hobart's CBD, this West Hobart property offers a prime opportunity to create a home with revenue or to have extra space for friends and family.
The property encompasses two occupancies, with the main residence upstairs including 3 bedrooms, a renovated kitchen/dining, a living room and renovated bathroom (currently tenanted until 30 January 2024 at $570 (per week), while the self-contained lower floor offers a comfortable, smaller apartment, with a renovated bathroom and kitchen, a living/dining room and 1 double bedroom (approx. $350 per week in rental return)
Both kitchens come fully equipped with modern appliances, abundant storage space, and large countertops, the bathrooms have been renovated to a clean and contemporary standard and the large deck upstairs means that you'll have plenty of space for al-fresco dining and evening barbeques when the weather invites you to do so.
The gardens are low maintenance and feature established trees and florals. An archway adorned with blooms provides passage to the gently sloping lawn within the elevated backyard. Off-street parking is provided within a secure garage, allowing residents to leave the car at home and enjoy a convenient stroll into the city.
Situated within a premier, sought-after locale, currently providing a combined weekly rental income of $920.00, this West Hobart property offers a rare opportunity to procure a solid investment with endless rental return and future capital gains.
The size of West Hobart is approximately 3.9 square kilometres. There are 8 parks, covering nearly 35.4% of the total area. The population of West Hobart in 2016 was 5953 people. By 2021 the population was 6525 showing a population growth of 9.6% in the area during that time. The predominant age group in West Hobart is 20-29 years. Households in West Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hobart work in a professional occupation.In 2021, 63.40% of the homes in West Hobart were owner-occupied compared with 62.30% in 2016.
West Hobart has 2,953 properties. Over the last 5 years, Houses in West Hobart have seen a 14.60% increase in median value, while Units have seen a 15.04% increase. As at 30 April 2026:
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