West Hobart scores 25 percent housing median price growth: Investar

West Hobart scores 25 percent housing median price growth: Investar
West Hobart scores 25 percent housing median price growth: Investar

West Hobart has notched up the highest median housing price increase in Hobart, according to Investar’s latest report.

The property investment report says that in the past year West Hobart’s median unit price rose by 25 percent.

This is followed by Howrah with 20 percent and Sandy Bay with 18 percent.

Suburb

Postcode

Bedrooms

Current median price

Median price 1 year ago

Growth in 1 year

West Hobart

7000

4

$690,000

$549,000

25%

Howrah

7018

2

$360,000

$299,000

20%

Sandy Bay

7005

2

$575,000

$485,000

18%

Warrane

7018

3

$260,000

$225,000

15%

Blackmans Bay

7052

2

$339,000

$295,000

14%

A four bedroom house at 53 Liverpool Crescent, West Hobart (above) has been listed for over $595,000.

Similarly a four bedroom house at 48 Lower Jordan Hill Road, West Hobart (below) was sold in March this year for $650,000.

West Hobart scores 25 percent housing median price growth: Investar

Tags: 
Investar West Hobart

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