South Hobart is a mid-sized suburb in Tasmania within the Hobart local government area (postcode 7004). With a population of 5,886, the suburb has an established demographic with a median age of 38. Households earn a median income of $93K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in South Hobart is $870,000, having risen modestly 1.6% over the past year. Units have a median price of $600,000 (-0.8% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 3.2%. 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.
From an investment perspective, South Hobart offers a gross rental yield of 3.2%, rated as 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.
South Hobart is a mid-sized suburb in Tasmania within the Hobart local government area (postcode 7004). With a population of 5,886, the suburb has an established demographic with a median age of 38. Households earn a median income of $93K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in South Hobart is $870,000, having risen modestly 1.6% over the past year. Units have a median price of $600,000 (-0.8% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 3.2%. 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.
From an investment perspective, South Hobart offers a gross rental yield of 3.2%, rated as 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.