South Hobart is in Hobart LGA, TAS, postcode 7004, with population 5,886.
The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.
Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read.
Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection.
Owners with a mortgage repay a median of $1,648/mo, while renters pay about $2,383/mo — renting runs $735/mo higher on these medians.
South Hobart is a moderately sized suburb in Tasmania within the Hobart local government area (postcode 7004). It is home to about 5,886 residents, with a settled mid-life population and a median age of 38. Households earn a median income of $93K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
Median house prices in South Hobart stand at $870,000, having ticked up by 1.6% over the last twelve months. Units have a median price of $600,000 (-0.8% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,648.
South Hobart is served by 1 school, including 1 primary. The average ICSEA score is 1137, which is well above the national average of 1,000. Public transport access includes 75 bus stops. Healthcare facilities include 1 private hospital.
On the investment side, Gross rental yield sits at around 3.3% (moderate yield). Property prices are near the state median ($870K/$750K). The price-to-income ratio of 9.4x is considered moderate. House prices have moved +1.6% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Save suburbs here while you browse. Once the shortlist has two or more names, hand it straight into compare.
No saved AU suburbs yet.
No saved suburbs yet. Start with one ranking or suburb page, then compare once you have two candidates.
Open rankings to save the first candidates.
There is enough direct local evidence on South Hobart for a first-pass decision.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Direct state price coverage is used where present; missing house or unit anchors fall back to annual ABS SA2 matches
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
South Hobart is in the Hobart Local Government Area, TAS, postcode 7004. Council-level context for Hobart LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The current median house price in South Hobart, TAS is $870K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
The median weekly rent in South Hobart is $550/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
Income-stretched rent market: Weekly rent screens at about 48% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
QuickProperty's investment signals for South Hobart show: Moderate Yield, Near Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.