Suburb Profile HOBART, TAS

Hobart is the state capital and most populous city of Tasmania. Founded in 1803 as a penal colony, it is Australia's second oldest capital city after Sydney and is the state's financial and administrative heart. It also serves as the home port for both Australian and French Antarctic operations.

Hobart is in the state's south-east on the estuary of the Derwent River, with the skyline dominated by Mount Wellington, standing 1271m high.

The city offers a blend of heritage, environmental attractions, vibrant art and sporting cultures. It is known for its heritage buildings, parks, restaurants, the Salamanca Markets and various festivals. The city is popular with food lovers, with a variety of boutique wines, famous Tasmanian salmon, crayfish and cheeses, raspberries and strawberries, beer and chocolates. 

Housing in Hobart is considered the most affordable in Australia. Quality is high and a large selection is available, from new homes to stately mansions. Due to its location, many Hobart homes have river or mountain views.

Many schools and and hospitals service the area.

Public transport is by bus or ferry.

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R&H Suburb Profile: Hobart

R&H Suburb SummaryHouses
Number of sales 15
Average Price $544,833
Median Price $500,000
Median Rental Price $415 p.w.
Change in Rental Rate (5yr) 5 %
R&H Suburb SummaryUnits
Number of sales 55
Average Price $538,089
Median Price $480,000
Median Rental Price $450 p.w.
Change in Rental Rate (5yr) -18 %
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