WHAT can a buyer purchase for the median house price in greater Hobart?
Once the capital of affordability, Hobart’s property market boom and continued upward pressure on pricing has made finding great value more of a challenge that it was in the past.
That said, there are some lovely homes available for around the median price.
While some municipalities offer more land than their neighbours, others offer direct access to the delights of the city.
What can you get? Depends on what you value most.
In the latest realestate.com.au data Hobart’s median was sitting at $545,000. So, let’s take a peek at what’s available in the $500,000 to $600,000 range today.
KINGBOROUGH
No.2320 Channel Highway, Lower Snug (Knight Frank)
Price: Offers over $580,000
Need some space? This 1878 sqm property has got that covered. Looking for modern amenity? This 2018-built three-bedroom house will tick that box, too. It has open plan living areas, Caesarstone benchtops, tiered gardens and a master bedroom with the luxury of an ensuite and walk-in wardrobe. The beaches, schools, shops and cafes are within easy reach.
SORELL
4 Rushes Ct, Sorell (Fall)
Price: Offers over $515,000
This Sorell home has the most affordable starting point of those on this list, and its “bang for buck” is fantastic. It offers sharp, modern design, a quiet location, double glazing, a well-equipped kitchen for entertainers and an adjoining deck for when you want to take the party outdoors. Convenience is king here with the town’s supermarkets, shops and services only two minutes away.
HOBART
No.35 Feltham Street, North Hobart (Petrusma Property)
Price: $585,000-$635,000
Hobart was the trickiest of the council areas to find a fabulous home in the median price range. One can add 14 inner city and surrounding suburbs to the hit list and only come up with nine properties — ouch! This historic 1900s charmer in Feltham Street starts in the price range, but time will tell where it ends. Quite possibly way above it. The position of the cottage, the full renovation, the beautiful tall ceilings, original fireplaces, stone benches and gas cooking.
GLENORCHY
No.25 Tilyard Street, Montrose (EIS Property)
Price: Offers over $545,000
Set on 861 sqm of land, this property is overflowing with potential. It is a three-bedroom dwelling that is leased on a month-by-month basis, plus there is a council approved planning application for an additional triple-bedroom dwelling at the rear. With architectural plans and land surveys completed, this one offers a jump start for buyers looking to invest. The tenants currently pay $425 per week and are keen to stay on.
DERWENT VALLEY
No.231 Back River Road, New Norfolk (Harcourts)
Price: Offers over $495,000
With its big grassy yard, two storeys of space and four bedrooms, this New Norfolk property has got “family” written all over it. It is on the market for the first time and has been well maintained. There is a master with an ensuite and walk-in wardrobe, an office for those that work from home, a formal lounge and a covered alfresco entertainment area.
CLARENCE
No.94 Allumba Street, Howrah (Peterswald for Property)
Price: $545,000-plus
Howrah is one of those areas that offers a fantastic mix of big, small, new and older homes — this one fits the bill for those that like the 1950s weatherboard look. The honey-coloured Tassie oak floors give it a modern feel. Occasional curves hint at the home’s era. Each bedroom has good storage. Outside, the pentagon-shaped yard has plenty of space for grass, landscaping and a shed.
BRIGHTON
No.21 Samuel Street, Bridgewater (Petrusma Property)
Price: Offer over $545,000
On the northern edge of greater Hobart, No.21 Samuel offers more space than the above properties by some margin. Its 5600 sqm of land gives the home a “country” feel, yet it is only about 22km from Hobart city. It has established garden, plants, fruit trees and plenty of privacy. The house was built in 2015 and with four bedrooms and two bathrooms it is primed for a family lifestyle.