2/116 Goulburn Street, West Hobart TAS 7000

2/116 Goulburn Street, West Hobart TAS 7000
This three-bedroom, two-bathroom townhouse sits on a private internal block with city views and ample sun exposure. It offers around 188 square metres of internal living space on a 122 square metre land parcel, with one car space. The property is understood to be a modern conversion within a mixed-age streetscape, not heritage-listed but benefiting from privacy and a short walk to the Hobart CBD. What sets this property apart is its combination of a rare three-bedroom, two-bathroom configuration with genuine city views and a quiet internal position-features not commonly found together in West Hobart’s predominantly older, street-front stock. Its modern layout and generous internal area make it especially suitable for professionals or small families who prioritise convenience and light over heritage character. The property sits comfortably above typical unit offerings in the suburb, appealing to buyers who want a low-maintenance city-edge home without sacrificing space or outlook. Several factors may influence how the market ultimately values this property. Inconsistent data around bedroom and bathroom counts could create hesitation among some buyers, though the higher configuration appears better supported. The modest land size and absence of a clearly defined outdoor area might weigh on those seeking a garden or terrace. The lack of elite schools nearby and the possibility of heritage constraints in the broader area-though not applying directly here-are worth noting. A buyer should weigh these against the undeniable advantages of position, light, and internal privacy when forming their own view on price
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/116 Goulburn Street, West Hobart TAS 7000
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ✓
Execution Risk ✕ 2
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Market Insight

West Hobart is a tightly held inner-city suburb benefiting from its proximity to the CBD and strong transport links. Demand is driven by a persistent undersupply of rental stock, attracting investor interest alongside owner-occupiers seeking established character. The housing market demonstrates consistent sales activity and modest growth, while the unit segment has experienced recent price adjustments. Future growth is supported by broader infrastructure investment, though affordability pressures and new residential supply entering the market present key balancing factors for price sustainability.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

188m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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