Hobart TAS 7000
Hobart is in Hobart LGA, TAS, postcode 7000, with population 3,390.
Strong evidence
Hobart has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Schools, and Hospitals. Missing or weaker areas are still shown so the page does not overstate precision.
Weekly rent screens at about 49% of annual income. Income and rent use area-level data, so household-level affordability can differ.
Open matching rent ranking →121 latest-year approvals in Hobart, +0.0% YoY; population -0.2% YoY (-0.1% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Release-based suburb price series, not a live market feed
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.
Income-stretched rent market
Weekly rent screens at about 49% of annual income. Snapshot rent $500/wk.
Income and rent use area-level data, so household-level affordability can differ.
Hobart has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Schools, and Hospitals. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Schools, Hospitals
No fallback or lower-precision signals flagged.
Crime
Hobart currently reads as a growth-momentum candidate.
Recent price movement shows visible market momentum. Transport coverage adds a practical access signal. Gross yield looks low for an income-first use case.
Compare it against a contrasting suburb before turning it into a decision.
Recent price movement shows visible market momentum. Transport coverage adds a practical access signal.
Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Hobart TAS
Hobart is a smaller suburb in Tasmania within the Hobart local government area (postcode 7000). With a population of 3,390, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $76K per year, with an average household size of 2 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, community & personal service, managers. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Chinese.
The median house price in Hobart is $1.1 million, having surged 10.1% over the past year. Units have a median price of $798,000 (+1.3% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,848.
Hobart is served by 2 schools, including 2 combined. The average ICSEA score is 1097, which is above the national average of 1,000. Public transport access includes 35 bus stops. Healthcare facilities include 1 public and 3 private hospitals.
From an investment perspective, Hobart offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.1M/$750K), placing it in the premium segment. The price-to-income ratio of 14.5x is considered stretched. House prices have moved +10.1% year-on-year. Population growth of -0.2% year-on-year indicates declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Hobart is a smaller suburb in Tasmania within the Hobart local government area (postcode 7000). With a population of 3,390, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $76K per year, with an average household size of 2 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, community & personal service, managers. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Chinese.
The median house price in Hobart is $1.1 million, having surged 10.1% over the past year. Units have a median price of $798,000 (+1.3% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,848.
Hobart is served by 2 schools, including 2 combined. The average ICSEA score is 1097, which is above the national average of 1,000. Public transport access includes 35 bus stops. Healthcare facilities include 1 public and 3 private hospitals.
From an investment perspective, Hobart offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.1M/$750K), placing it in the premium segment. The price-to-income ratio of 14.5x is considered stretched. House prices have moved +10.1% year-on-year. Population growth of -0.2% year-on-year indicates declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Hobart FAQ
Common questions-
What LGA is Hobart in?
Hobart is in the Hobart Local Government Area, TAS, postcode 7000. Council-level context for Hobart LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Hobart?
The current median house price in Hobart, TAS is $1.1M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Hobart?
The median weekly rent in Hobart is $500/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
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What does the rent signal say about Hobart?
Income-stretched rent market: Weekly rent screens at about 49% 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.
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Is Hobart a good investment?
QuickProperty's investment signals for Hobart show: Low Yield, Above Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Hobart?
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.
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How often is the Hobart data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.