Hobart
Market analysis for investment properties in Hobart
Median Price
$951,500
Trend:Decelerating
-1.4%
Median Rent
$670/pw
Trend:Accelerating
+6.3%
Rental Yield
3.66%
Trend:Accelerating
+8.0%
Median DoM
27 Days
Trend:Decelerating
-43.8%
Market Analysis
Why investors are watching Hobart right now.
In Hobart, Tasmania, Australia, the main shopping precinct is the iconic Salamanca Place. This bustling area is renowned for its weekend markets, offering a diverse range of local produce, arts, and crafts.
The LGA is home to several well-known schools, including The Hutchins School which is an independent, non-denominational day and boarding school for boys, and St Michael's Collegiate School, an independent Anglican day and boarding school for girls.
For transport hubs, the Hobart International Airport serves as the major gateway for domestic and international flights to and from the region. Additionally, the Hobart waterfront area is a central hub for ferry services connecting to nearby islands and mainland destinations.
Well-known natural sceneries in the LGA include kunanyi / Mount Wellington, a prominent peak overlooking the city of Hobart. Visitors and residents alike enjoy recreational activities such as hiking and cycling while taking in stunning panoramic views of the surrounding landscapes. The nearby Tasman National Park is another popular destination, known for its dramatic sea cliffs and pristine coastal wilderness.
Loading Map...
Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Leaders
Top Performers in Hobart
Best performing suburbs in Hobart ranked by capital growth and rental yield. Data as of March 2026.
Top Suburbs by Growth
| Name | Type | Median Price | Rental Yield |
|---|---|---|---|
| Glebe | Unit | $650k↑66.7% | 3.2% |
| Battery Point | House | $1.95m↑39.3% | 2.2% |
| Glebe | House | $1.05m↑18.5% | 3.7% |
| Hidden Market Alpha | House | $1.18m+14.2% | 4.6% |
| Hidden Market Beta | Unit | $735k+11.8% | 5.2% |
| Hidden Market Gamma | House | $962k+10.4% | 4.9% |
Unlock Growth
See top-growth suburbs and LGAs.
Top Suburbs by Yield
| Name | Type | Median Price | Rental Yield |
|---|---|---|---|
| Mount Stuart | Unit | $475k0.0% | 5.9% |
| Dynnyrne | House | $747k↓27.3% | 5.5% |
| Lenah Valley | Unit | $508k↓12.1% | 5.5% |
| Hidden Market Alpha | House | $1.18m+14.2% | 4.6% |
| Hidden Market Beta | Unit | $735k+11.8% | 5.2% |
| Hidden Market Gamma | House | $962k+10.4% | 4.9% |
Unlock Yield
See top-yield suburbs and LGAs.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
Strategy by LighthousePA
Where will Hobart be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Hobart, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
- Property Negotiation
Investment Insights & FAQ
Frequently asked questions about the Hobart property market in 2026.
As of March 2026, the Hobart property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of -1.4% and units have grown by 1.6%. These figures reflect the evolving demand within TAS, offering potential for long-term value preservation.
Based on the latest market snapshot, median property prices in Hobart range from $951,500 for houses to $629,950 for units. These values are calculated based on recent transaction data and current buyer activity across the TAS region.
For investors targeting cash flow, houses rent for $670 /pw with a 3.66% yield, while units rent for $530 /pw with a 4.37% yield. This rental performance is a key indicator of strong tenant demand within the Hobart area.
Market Insights Last Updated: March 2026