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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
North Hobart has 50 houses available for sale. The median property price for a house is currently 985,000 with annual capital growth of 17.26 . There were 32 house sales in the past 12 months. On average, houses spend 62 days on market.
If you're thinking about buying an investment property in North Hobart, consider that rental yields for houses are currently 3.57 with an average median rent of 565 weekly. Houses have seen 0.00 growth in the past quarter, and 17.26 growth in the past 12 months.
The size of North Hobart is approximately 1 square kilometres. It has 3 parks covering nearly 5.6% of total area. The population of North Hobart in 2011 was 2,653 people. By 2016 the population was 2,511 showing a population decline of 5.4% in the area during that time. The predominant age group in North Hobart is 20-29 years.
Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation. In 2011, 45.1% of the homes in North Hobart were owner-occupied compared with 41.8% in 2016.
North Hobart has 21 units available for sale. The median property price for a unit is currently 750,000 with annual capital growth of 0.13 . There were 21 unit sales in the past 12 months. On average, units spend 29 days on market.
If you're thinking about buying an investment property in North Hobart, consider that rental yields for units are currently 3.70 with an average median rent of 498 weekly. Units have seen 3.56 growth in the past quarter, and 0.13 growth in the past 12 months.
The size of North Hobart is approximately 1 square kilometres. It has 3 parks covering nearly 5.6% of total area. The population of North Hobart in 2011 was 2,653 people. By 2016 the population was 2,511 showing a population decline of 5.4% in the area during that time. The predominant age group in North Hobart is 20-29 years.
Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation. In 2011, 45.1% of the homes in North Hobart were owner-occupied compared with 41.8% in 2016.
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| Key Market Data | House | Unit |
| Median price | 985,000 | 750,000 |
| Quarterly growth | 0.00 | +3.56 |
| 12-month growth | +17.26 | +0.13 |
| Average annual growth | +7.76 | +6.29 |
| Weekly median rent | 565 | 498 |
| Gross rental yield | 3.57 | 3.70 |
| Number of Sales (12m) | 32 | 21 |
| Avg. Days on Market (12m) | 62 | 29 |
| Key Demographics | 2011 | 2016 |
| Total population | 2,653 | 2,511 |
| Population change (5y) | +6.33 | -5.40 |
| Median household income (p/w) | 1,161 | 1,394 |
| Household income change (5y) | +22.73 | +20.07 |
| Median age of persons | 34 | 34 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of North Hobart was 2,511 in 2016, a -5.40 change compared to 2011.
The predominant age group in North Hobart is 20-29 years.
The population of North Hobart was 2,511 in 2016, a -5.40 change compared to 2011.
The predominant age group in North Hobart is 20-29 years.
Most of the population in North Hobart were born in Australia.
Most of the population in North Hobart were born in Australia.
Most of the population in North Hobart report their religion as No Religion.
Most of the population in North Hobart report their religion as No Religion.
Most of the population in North Hobart report their income range as between 78,000 and 130,000 .
The median household income in North Hobart was 1,394 in 2016, a +20.07 change compared to 2011.
Most of the population in North Hobart report their income range as between 78,000 and 130,000 .
The median household income in North Hobart was 1,161 in 2011, a +22.73 change compared to 2006.
Most of the population in North Hobart work as Professional.
Most of the population in North Hobart work as Professional.
The chart below demonstrates the various levels of education in North Hobart.
The chart below demonstrates the various levels of education in North Hobart.
Most of the population in North Hobart reached a qualification level of Bachelor.
Most of the population in North Hobart reached a qualification level of Bachelor.
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