South Hobart

Review

South Hobart remains one of Hobart’s most indemand suburbs, offering a rare combination of natural beauty, historic charm, and proximity to the CBD The market has remained strong in Q1 2025, with well-renovated character homes and properties in prime locations continuing to attract competitive interest

Heritage properties, particularly those along Elboden Street and Macquarie Street, have been standout performers, with buyers drawn to their federation architecture and generous land sizes. Family homes in the $1M–$1.5M range have seen steady demand, while prestige properties in the foothills of Kunanyi/Mount Wellington have commanded premium prices due to their privacy and scenic outlooks.

Limited stock remains a key factor in the market’s stability, with many homeowners choosing to hold onto their properties, further driving demand. South Hobart’s lifestyle appeal proximity to walking trails, local cafés, and top schools continues to make it a blue-chip destination for buyers seeking a long-term investment in one of Hobart’s most liveable suburbs